TIDMFFWD

RNS Number : 0224O

FastForward Innovations Limited

27 September 2019

FastForward Innovations Ltd / AIM: FFWD / Sector: Closed End Investments

27 September 2019

FastForward Innovations Ltd ("FastForward", "FFWD" or the "Company")

Director Dealing

FastForward Innovations Ltd, the AIM listed closed end investment fund with a focus on disruptive high growth technology and life sciences businesses, announces that Finance Director, Lance De Jersey, has today purchased 400,000 Ordinary Shares of 1p each in the Company ("Ordinary Shares") (the "Purchase") at an average price of 5.9p per Ordinary Share. Following the Purchase, Mr De Jersey's holding in FastForward is 400,000 Ordinary Shares representing approximately 0.25% of the Company's issued share capital.

CAUTIONARY STATEMENT

The AIM Market of London Stock Exchange plc does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding potential values, the future plans and objectives of FastForward Innovations Ltd. There can be no assurance that such statements will prove to be accurate, achievable or recognizable in the near term.

Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. FastForward Innovations assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.

ENDS

For further information on the Company please visit www.fstfwd.co or contact:

 
 Ed McDermott /      FastForward Innovations     Email: info@fstfwd.co 
  Lance de Jersey     Ltd 
 James Biddle /      Beaumont Cornish Limited         Tel: +44 (0) 207 
  Roland Cornish      Nomad                                   628 3396 
                    --------------------------  ---------------------- 
 Graham Dickson      Optiva Securities Limited        Tel: +44 (0) 203 
                      Broker                                  411 1881 
                    --------------------------  ---------------------- 
 Gaby Jenner/Megan   St Brides Partners            Tel: +44 (0)207 236 
  Dennison            Ltd                                         1177 
                      Financial PR 
                    --------------------------  ---------------------- 
 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                 Lance De Jersey 
     ------------------------------------  --------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status:                      Finance Director 
     ------------------------------------  --------------------------------- 
 b)   Initial notification/Amendment: 
     ------------------------------------  --------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name:                                 FastForward Innovations Limited 
     ------------------------------------  --------------------------------- 
 b)   LEI:                                  213800KV6ETTB1BRZ435 
     ------------------------------------  --------------------------------- 
 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          Ordinary shares of 1p par value 
       instrument, type of instrument: 
       Identification code: 
     ------------------------------------  --------------------------------- 
 b)   Nature of the transaction:            Purchase of Ordinary Shares 
     ------------------------------------  --------------------------------- 
 c)   Price(s) and volume(s):                Price(s)     Volume(s) 
                                              5.9 pence    400,000 
                                                          ---------- 
     ------------------------------------  --------------------------------- 
 d)   Aggregated information:                Price(s)     Volume(s) 
                                              5.9 pence    400,000 
     ------------------------------------  --------------------------------- 
 e)   Date of the transaction:              27 September 2019 
     ------------------------------------  --------------------------------- 
 f)   Place of the transaction:             London Stock Exchange, AIM 
     ------------------------------------  --------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHLRMATMBTTBPL

(END) Dow Jones Newswires

September 27, 2019 11:31 ET (15:31 GMT)

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