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LTIP Awards and Director's Dealing

RNS Number : 0546D

Forward Partners Group PLC

16 June 2023

Forward Partners Group plc

("Forward Partners" or "the Group")

LONG-TERM INCENTIVE PLAN AWARDS AND DIRECTOR'S DEALING

Forward Partners Group plc (LSE: FWD), the London-based investment firm specialising in supporting high growth, early-stage technology businesses, confirms that it has granted Nic Brisbourne, CEO and Lloyd Smith, CFO, 777,616 and 617,151 options over ordinary shares in the Company respectively (the "Options") pursuant to the Company's 2021 Long Term Incentive Plan (the "LTIP").

Vesting of the Options granted pursuant to the LTIP is subject to the achievement of performance conditions linked to shareholder returns and target portfolio exits. The Options are exercisable at nominal cost (£0.01) in three equal tranches on 31 December 2025, 31 December 2026, 31 December 2027.

The notification below, made in accordance with the requirements of UK MAR, provides further detail.

ENDS

Enquiries

Forward Partners Group plc	Via Alma PR
Nic Brisbourne, CEO
Lloyd Smith, CFO and Company Secretary

Liberum Capital Limited	Tel: +44 (0)20 3100 2222
(Nominated Adviser and Broker)
Chris Clarke
Lauren Kettle
Cara Murphy

Alma PR	Email: [email protected]
(Financial PR Adviser)	Tel: +44 (0)20 3405 0205
David Ison
Andy Bryant
Will Ellis Hancock

About Forward Partners

Founded in 2013, Forward Partners is an established and respected London-based venture capital firm, specialising in supporting high growth, early-stage technology businesses in the UK.

The Group brings together venture capital provider Forward Ventures and highly specialised growth support from Forward Studio. This model supports founders to build stronger businesses faster to provide better outcomes for companies and investors alike.

The Group makes equity investments in early-stage, high-growth UK companies. It holds a nine-year track record of making venture capital investments.

The management team brings together highly experienced venture capitalists, entrepreneurs, and expert consultants. Since 2015, Forward Partners has been backed by BlackRock, one of the largest institutional investors in the world. The Group receives over 4,000 start-up funding applications every year.

For more information, visit www.forwardpartners.com.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nicholas Brisbourne
2	Reason for the notification
a)	Position/status	CEO
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Forward Partners Group plc
b)	LEI	213800G3LF6776Y7IY64
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Options over ordinary shares of one penny each
	Identification code	GB00BKPGBB09
b)	Nature of the transaction	Grant of options over ordinary shares
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			1 pence	777,616
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	15 June 2023
f)	Place of the transaction	Off-market transaction

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lloyd Smith
2	Reason for the notification
a)	Position/status	CFO
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Forward Partners Group plc
b)	LEI	213800G3LF6776Y7IY64
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Options over ordinary shares of one penny each
	Identification code	GB00BKPGBB09
b)	Nature of the transaction	Grant of options over ordinary shares
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			1 pence	617,151
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	15 June 2023
f)	Place of the transaction	Off-market transaction

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