FastForward Innovations Limited is registered in Guernsey, is self managed, and is listed on the UK's AIM Stock Market


Click here to view The Company's Investing Policy.

 

Directors

 

Stephen Dattels (Executive Chairman)

Stephen R. Dattels co-founded UraMin Inc. which sold in 2007 for US$2.5 billion to Areva. He was a key executive at Barrick Gold Corporation during its formative years from 1982 prior to 1987. He has completed several financings in the natural resources sector, either directly or through his family owned merchant bank, Regent Mercantile Bancorp Inc. and other investment companies. He is currently non-executive Co-Chairman of Regent Pacific Group Limited. He was the former Chairman and founder of Caledon Resources plc, co-founder of Oriel Resources plc and a director of Extract Resources Limited, Executive Chairman of West African Minerals Corporation, co-founder and Executive Co-Chairman of Polo Resources Limited, and a director of GCM Resources plc. Stephen Dattels has a Bachelor of Arts degree from McGill University, a law degree (cum laude) from the University of Western Ontario and has completed the Program for Management Development at Harvard University. Further details are available on www.stephendattels.com

Jim Mellon (Executive Director)

Jim Mellon is an entrepreneur with interests in a number of sectors. After leaving Oxford, where he studied Philosophy, Politics and Economics, he worked in Asia and the United States in two fund management companies, GT Management and Thornton Management (Asia) Limited, before founding Regent Pacific Group Limited in 1991, subsequently quoted on the Hong Kong Stock Exchange. He was also a co-founder of UraMin Inc. and Red Dragon Resources, both mining groups.

Jim spends most of his time developing start-up opportunities in undervalued sectors, currently concentrating on life sciences, robotics and fintech. He is also the co-author of four books: “Wake Up!”, “The Top 10 Investments for the Next Ten Years”, “Cracking the Code” and “Fast Forward”. In addition, Jim is Chairman of Plethora Solutions Holdings plc, Manx Financial Group plc and Port Erin BioPharma Investments Limited, and a non-executive director of Charlemagne Capital Limited, Condor Gold plc, and West African Minerals Corporation, all listed on AIM. He is also a director of Portage Biotech Inc. and Miraculins Inc., both quoted in Canada.

Ian Burns (Non-Executive Director)

Ian Burns is the founder and Senior Executive Director of Via Executive Limited, a management consulting company, and the Managing Director of Regent Mercantile Holdings Limited, a privately owned investment company. He is a former Finance Director of Polo Resources Limited, a London AIM-listed natural resources investment company, and a nonexecutive director of Phaunos Timber Fund Limited, a $600 million company listed on the LSE. He is also non-executive director of several investment funds and fund management companies. He is a fellow of both the Institute of Chartered Accountants in England & Wales and the Chartered Institute Securities and Investment.

Bryan Smith (Non-Executive Director)

Mr Smith has more than 30 years of experience in the securities industry and is recognised as a leader in the Canadian financial industry.

Mr Smith began his career in 1967 with Nesbitt Thomson. In 1973 he joined Draper Dobie Ltd, holding subsequently senior roles, including Vice President and Director. Mr Smith has also held the role of Senior Vice President of Gardner Watson Limited, now Dean Witter, and Senior Vice President and Director of Walwyn Stodgell Limited.

In 1990 Mr Smith co-founded Burgundy Asset Management. He was pivotal in the firm's growth to its position as the top Canadian equity performer in 2000 and ranking in the number two position for the next five years. Burgundy has well over CAD 10 billion in assets under management for clients that range from private individuals to pension funds, charitable foundations and corporation. Mr Smith holds a bachelor degree in Business Administration from Ryerson University in Toronto, Canada.


The Company is managed by the Board of Directors, which consists of two Executive and two Non-Executive Directors.

Board Responsibilities

The responsibilities of the Board of Directors are set out below:

  • Determination of the Company's Investing Policy and overall responsibility for the Company's activities including the review of investment activity and performance;
  • Ensuring that commercial and regulatory risks and financing needs are properly considered and that the obligations of a public company are adhered to; and
  • Implementing appropriate corporate governance standards and overseeing the effectiveness of the Company's system of internal control.

As part of the Company's internal control structure, the Board has set up an Audit Committee, Management Engagement Committee and a Nomination Committee. The committees comprise all of the Directors.

 
 
 
 

Investor Relations

 

AIM Rule 26

The following information is disclosed in accordance with Rule 26 of the AIM rules.
(Last updated: 21/12/2015)

Description of Business and Investing Policy
Please follow the link below for a description of the business.
About FFWD

The names of the directors and biographical details
Please follow the link below for the names of the directors and brief biographical details of each.
Board of Directors

Directors' responsibilities and board committees
Please follow the link below for a description of Directors' responsibilities.
Board of Directors and their committees

Corporate Governance
As a Guernsey incorporated company and under the AIM Rules for Companies, the Company is not required to comply with the UK Corporate Governance Code published by the Financial Reporting Council (the "2012 FRC Code"). However, the Directors place a high degree of importance on ensuring that high standards of Corporate Governance are maintained and that the Company complies with the Finance Sector Code on Corporate Governance, issued by the Guernsey Financial Services Commission.

Country of incorporation and main country of operation
The Company is a closed-ended investment company domiciled and incorporated as a limited liability company in Guernsey. As the Company is not incorporated in the UK, the rights of shareholders may be different from the rights of shareholders in a UK incorporated company. FFWD's main continent of operation is Africa.

Memorandum and Articles of Incorporation
Please follow the link below for the Memorandum and Articles of Incorporation.
Memorandum and Articles of Incorporation

Details of any other exchanges or trading platforms
The Company's ordinary shares (code: FFWD) are traded on AIM. The Company is not listed on any other exchanges or trading platforms.

Number of securities in issue
There are 52,684,919 ordinary shares of the Company in issue.

Percentage of the Company's issued share capital that is not in public hands
In accordance with the AIM Rules (Rule 26), in so far as the Company is aware, the percentage of the Company's issued share capital that is not in public hands is 35.14%.

Details of any restrictions on the transfer of securities
There are no restrictions on the transfer of securities.

Takeover Code
The Company is subject to the UK City Code on Takeovers and Mergers.

At the Annual General Meeting on 12 November 2014, a waiver of obligation to make mandatory offer under Rule 9 of the Takeover Code was passed.

Company Shareholdings
The Company has been notified, in accordance with the Disclosure and Transparency Rules, of the following shareholdings amounting to 3% or more of the ordinary capital of the Company.

At 2 December 2015, the Company had received notification of the following substantial shareholders:

Investor (beneficial owner in brackets) Total number of Ordinary Shares interested in Ordinary Shares interested in as a percentage of the Share Capital
Regent Mercantile Holdings Ltd* 8,024,469 15.23
Galloway Limited** 8,024,469 15.23
Photo Distribution Limited
Retirement Benefits Scheme
2,797,579 5.31
Angstrom Capital Ltd (Michael
Beck)
2,201,461 4.18
Analogue Capital Ltd (Jeanne
Usonis)
2,001,329 3.80
First Island Trustees
(Guernsey) Limited***
2,003,842 3.99
Smoke Rise Holdings Limited (Ian Burns) 1,250,831 2.37
Bryan Smith 687,832 1.31

* Regent Mercantile is owned by a trust under which Stephen Dattels is a discretionary beneficiary.
** Galloway Limited is owned by a trust of which Mr James Mellon is a life tenant.
*** Adam Horne is the Life Tenant of a Trust of which First Island Trustees (Guernsey) Limited are the trustees.

Financial information
Please follow the link below for access to the Company's annual and half-yearly reports.
Reports

Company announcements
Please follow the link below to access notifications made by the Company in the past 12 months.
Regulatory News

AIM Admission Document
Please click here to access the Company's AIM Admission Document.

Warrant Expiry Reminder Notice
Please click here to access the Company's Warrant Expiry Reminder Notice.

Notice of Shareholder General Meeting
Please click here to access the Company's Notice of Shareholder General Meeting.

Notice- Proposed Name Change to FastForward Innovations Limited - 23 November 2015
Please click here to access the Company's Notice of Shareholder General Meeting

Advisors

Registrar Administrator, Secretary and Registered Office
Capita Registrars (Guernsey) Limited

Longue Hougue House
St Sampsons
Guernsey
GY2 4JN
Elysium Fund Management Limited

PO Box 650
1st Floor
Royal Chambers
St Julian's Avenue
St Peter Port
Guernsey
GY1 3JX

Tel: +44 1481 810 100
Email: [email protected]

Joint Brokers Nominated Advisor
Peterhouse Corporate Finance Limited

31 Lombard Street
London
EC3V 9BQ

Beaumont Cornish Limited

2nd Floor
Bowman House
29 Wilson Street
London
EC2M 2SJ

Independent Auditors Guernsey Legal Adviser to the Company
PricewaterhouseCoopers CI LLP

Royal Bank Place
1 Glategny Esplanade
St Peter Port
Guernsey
GY1 4ND

Babbé Advocates

La Vieille Cour
La Plaiderie
St Peter Port
Guernsey
GY1 4BL

English Legal Adviser to the Company Business Development Consultant
Kerman & Co LLP

200 Strand
London
WC2R 1DJ

Galloway Limited

Viking House
Nelson Street
Douglas
Isle of Man
IM1 2AH

 
 
 
 

Reports

 

2015

Half-Yearly Report and Financial Statements for the Period Ended 30 September 2015 View Report (Opens in new window) Annual Report and Financial Statements for the Year Ended 31 March 2015 View Report (Opens in new window)

2014

Half-Yearly Report and Financial Statements for the Period Ended 30 September 2014 View Report (Opens in new window) Annual Report and Financial Statements for the Year Ended 31 March 2014 View Report (Opens in new window) Nicholas Brooke appointment RD resignation View Report (Opens in new window)

2013

Half Yearly Report and Financial Statements for the Period Ended 30 September 2013 View Report (Opens in new window) Annual Report and Financial Statements for the Year Ended 31 March 2013 View Report (Opens in new window)

2012

Half Yearly Report and Financial Statements for the Period Ended 30 September 2012 View Report (Opens in new window) Annual Report and Financial Statements for the Year Ended 31 March 2012 View Report (Opens in new window)

2011

Half Yearly Report and Financial Statements for the Period Ended 30 September 2011 View Report (Opens in new window) Annual Report and Financial Statements for the Year Ended 31 March 2011 View Report (Opens in new window)

2010

Half-Yearly Report and Financial Statements for the Period Ended 30 September 2010 View Report (Opens in new window) Annual Report and Financial Statements for the Year Ended 31 March 2010 View Report (Opens in new window)

2009

Half-Yearly Report and Financial Statements for the Period Ended 30 September 2009 View Report (Opens in new window) Annual Report and Financial Statements for the Year Ended 31 March 2009 View Report (Opens in new window)

2008

Half-Yearly Report and Financial Statements for the Period Ended 30 September 2008 View Report (Opens in new window) Annual Report and Financial Statements for the Year Ended 31 March 2008 View Report (Opens in new window)

2007

Half-Yearly Report and Financial Statements for the Period Ended 30 September 2007 View Report (Opens in new window) Annual Report and Financial Statements for the Year Ended 31 March 2007 View Report (Opens in new window)

2006

Half-Yearly Report and Financial Statements for the Period Ended 30 September 2006 View Report (Opens in new window)
 
 
 
 

Regulatory News

 
View Placing and Director Dealing (Opens in new Window) 22/12/15 Placing and Director Dealing
View Acquisition of shares in Vemo Education, Inc (Opens in new Window) 21/12/15 Acquisition of shares in Vemo Education, Inc
View Holdings in Company (Opens in new Window) 17/12/15 DBC receives US FDA approval to market PulseFlowDF
View Holdings in Company (Opens in new Window) 02/12/15 Holdings in Company
View Placing (Opens in new Window) 26/11/15 Placing
View Holdings in Company (Opens in new Window) 23/11/15 Holdings in Company
View Result of General Meeting (Opens in new Window) 23/11/15 Result of General Meeting
View Acquisition of 8.2% of student EdTech company Vemo Education, Inc. (Opens in new Window) 23/11/15 Acquisition of 8.2% of student EdTech company Vemo Education, Inc.
View Half Yearly Results (Opens in new Window) 13/11/15 Half Yearly Results
View Placing (Opens in new Window) 10/11/15 Placing
Proposed Name Change (Opens in new Window) 03/11/15 Proposed Name Change
Corporate Update (Opens in new Window) 29/10/15 Corporate Update
Investee company Intensity Therapeutics forms Scientific Advisory Board comprised of Leading Oncologists and Scientists (Opens in new Window) 22/10/15 Investee company Intensity Therapeutics forms Scientific Advisory Board comprised of Leading Oncologists and Scientists
Acquisition of 3.64% of blockchain data company Factom (Opens in new Window) 14/10/15 Acquisition of 3.64% of blockchain data company Factom
10% Acquired of nanopayment developer SatoshiPay (Opens in new Window) 06/10/15 Acquisition of 3.5% interest in cancer immunotherapy company Intensity Therapeutics, Inc.
10% Acquired of nanopayment developer SatoshiPay (Opens in new Window) 21/09/15 10% Acquired of nanopayment developer SatoshiPay
Result of Annual General Meeting (Opens in new Window) 18/09/15 Result of Annual General Meeting
Issue of Equity (Opens in new Window) 08/09/15 Issue of Equity
Acquisition of interest in The Diabetic Boot Company Limited / Appointment of Mr James Mellon as Co-Chairman of the Company (Opens in new Window) 07/09/15 Acquisition of interest in The Diabetic Boot Company Limited
Appointment of Mr James Mellon as Co-Chairman of the Company

Issue of Equity (Opens in new Window) 01/09/15 Issue of Equity
Update on Investment review (Opens in new Window) 31/07/15 Update on Investment review
Result of General Meeting - Approval of new Investing Policy and Change of Name (Opens in new Window) 28/07/15 Result of General Meeting - Approval of new Investing Policy and Change of Name
Proposed Change of Investing Policy and Name (Opens in new Window) 13/07/15 Proposed Change of Investing Policy and Name
Appointment of New Director (Opens in new Window) 13/07/15 Appointment of New Director
Notice of AGM (Opens in new Window) 23/06/15 Notice of AGM
Final Results (Opens in new Window) 17/06/15 Final Results
Change of Adviser (Opens in new Window) 17/06/15 Change of Adviser
Holding(s) in Company (Opens in new Window) 15/06/15 Holding(s) in Company
Holding(s) in Company (Opens in new Window) 08/06/15 Holding(s) in Company
Galloway Appointment and Subscription (Opens in new Window) 03/06/15 Business Development Consultant Appointment
View Expiry of Warrants (Opens in new Window) 01/06/15 Expiry of Warrants
View Posting of Notice to Warrant Holders (Opens in new Window) 23/04/15 Warrant Expiry Reminder Notice
View Directorate Change (Opens in new Window) 20/03/15 Directorate Change
View Exercise of Warrants (Opens in new Window) 20/03/15 Exercise of Warrants
View Exercise of Warrants (Opens in new Window) 12/03/15 Exercise of Warrants
View Share Price Movement (Opens in new Window) 24/02/15 Share Price Movement
View Half Yearly Results (Opens in new Window) 18/12/14 Half Yearly Results
View Change of name (Opens in new Window) 19/11/14 Holding(s) in Company
View Change of name (Opens in new Window) 17/11/14 Holding(s) in Company
View Change of name (Opens in new Window) 12/11/14 Change of name
View Result of AGM (Opens in new Window) 12/11/14 Result of AGM
View Adjournment of AGM (Opens in new Window) 06/11/14 Adjournment of AGM to 12 November 2014
View Addendum to AGM Notice (Opens in new Window) 21/10/14 Addendum to AGM Notice
View Addendum to Notice of 2014 Annual General Meeting of Shareholders (Opens in new Window) 21/10/14 Addendum to Notice of 2014 Annual General Meeting of Shareholders
View Posting of Circular and Notice of Annual General Meeting (Opens in new Window) 20/10/14 Posting of Circular and Notice of Annual General Meeting
View Circular and Notice of Annual General Meeting (Opens in new Window) 20/10/14 Circular and Notice of Annual General Meeting
View Resignation of Nominated Adviser and Company Update (Opens in new Window) 09/10/14 Resignation of Nominated Adviser and Company Update
View Posting of Annual Accounts (Opens in new Window) 30/09/14 Posting of Annual Accounts
View Financial Results (Opens in new Window) 29/09/14 Financial Results
View Holding(s) in Company (Opens in new Window) 28/07/14 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 28/07/14 Holding(s) in Company
View Shareholder Loan (Opens in new Window) 01/07/14 Shareholder Loan
View Holding in Company (Opens in new Window) 14/04/14 Holding in Company
View Director/PDMR Shareholding (Opens in new Window) 14/04/14 Director/PDMR Shareholding
View Half Yearly Results (Opens in new Window) 25/11/13 Half Yearly Results
View Holding(s) in Company (Opens in new Window) 04/11/13 Holding(s) in Company
View Share Price Movement (Opens in new Window) 30/10/13 Share Price Movement
View Result of AGM (Opens in new Window) 20/09/13 Result of AGM
View Posting of Annual Report (Opens in new Window) 14/06/13 Posting of Annual Report
View Final Results (Opens in new Window) 11/06/13 Final Results
View Holding(s) in Company (Opens in new Window) 17/01/13 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 18/12/12 Holding(s) in Company
View Adviser Change of Name(Opens in new Window) 07/12/12 Adviser Change of Name
View Half Yearly Results(Opens in new Window) 22/11/12 Half Yearly Results
View Holding(s) in Company (Opens in new Window) 16/10/12 Holding(s) in Company
View Result of AGM (Opens in new Window) 21/09/12 Result of AGM
View Holding(s) in Company (Opens in new Window) 07/09/12 Holding(s) in Company
View Holding in Company (Opens in new Window) 05/09/12 Holding in Company
View Exercise of Warrants (Opens in new Window) 16/08/12 Exercise of Warrants
View Holding(s) in Company (Opens in new Window) 16/08/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 10/08/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 03/08/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 16/07/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 25/06/12 Holding(s) in Company
View Director/PDMR Shareholding (Opens in new Window) 20/06/12 Director/PDMR Shareholding
View Final Results (Opens in new Window) 19/06/12 Final Results
View Director/PDMR Shareholding (Opens in new Window) 08/06/12 Director/PDMR Shareholding
View Holding(s) in Company (Opens in new Window) 07/06/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 06/06/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 31/05/12 Holding(s) in Company
View Results of EGM (Opens in new Window) 28/05/12 Results of EGM
View Holding(s) in Company (Opens in new Window) 23/05/12 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 14/05/12 Holding(s) in Company
View Notice of AGM (Opens in new Window) 03/05/12 Proposed Subscription and Return of Capital
View Half Yearly Results (Opens in new Window) 29/11/11 Half Yearly Results
View AGM Statement (Opens in new Window) 23/09/11 AGM Statement
View Change of Registered Office (Opens in new Window) 30/08/11 Change of Registered Office
View Holding(s) in Company (Opens in new Window) 04/08/11 Final Results
View Holding(s) in Company (Opens in new Window) 28/07/11 Return of Capital
View Holding(s) in Company (Opens in new Window) 08/06/11 Return of Capital
View Holding(s) in Company (Opens in new Window) 24/03/11 Update re China CDM
View Holding(s) in Company (Opens in new Window) 08/02/11 Final date for Warrant Exercise
View Holding(s) in Company (Opens in new Window) 20/01/11 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 17/01/11 Holding(s) in Company
View Holding(s) in Company 2 (Opens in new Window) 17/01/11 Holding(s) in Company 2
View Holding(s) in Company 3 (Opens in new Window) 17 01 11 Holding(s) in Company 3
View Director PDMR Shareholding (Opens in new Window) 17/01/11 Director PDMR Shareholding
View Return of Capital and disposal (Opens in new Window) 13/01/11 Return of Capital and disposal
View Half Yearly Report (Opens in new Window) 07/12/10 Half Yearly Report
View Investment Update (Opens in new Window) 16/11/10 Investment Update
View Holding(s) in Company(Opens in new Window) 05/11/10 Holding(s) in Company
View Holding(s) in Company(Opens in new Window) 08/10/10 Holding(s) in Company
View Result of AGM(Opens in new Window) 14/09/10 Result of AGM
View Annual Financial Report (Opens in new Window) 17/08/10 Annual Financial Report
View Final Results(Opens in new Window) 10/08/10 Final Results
View Holding(s) in Company (Opens in new Window) 11/06/10 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 18/03/10 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 26/02/10 Holding(s) in Company
View Half Yearly Results (Opens in new Window) 09/12/09 Half Yearly Results
View Holding(s) in Company (Opens in new Window) 05/11/09 Holding(s) in Company
View Change of Nominated Adviser and Broker (Opens in new Window) 06/11/09 Change of Nominated Adviser and Broker
View Investment Policy Announcement (Opens in new Window) 22/10/09 Investment Policy Announcement
View Resignation of Director (Opens in new Window) 20/10/09 Resignation of Director
View PLC Termination Announcement (Opens in new Window) 29/09/09 PLC Termination Announcement
View Return of Capital (Opens in new Window) 16/09/09 Return of Capital
View Result of AGM (Opens in new Window) 16/09/09 Result of AGM
View AGM Announcement (Opens in new Window) 16/09/09 AGM Announcement
View Sale of China New Energy (Opens in new Window) 28/08/09 Sale of China New Energy
View Holding in Company (Opens in new Window) 07/08/09 Holding in Company
View Holding in Company (Opens in new Window) 03/08/09 Holding in Company
View Annual Report available (Opens in new Window) 14/07/09 Annual Report available
View Annual Results (Opens in new Window) 09/07/09 Annual Results
View Result of EGM (Opens in new Window) 06/07/09 Result of EGM
View Holding(s) in Company (Opens in new Window) 29/06/09 Holding(s) in Company
View Circular- Return on Capital (Opens in new Window) 10/06/09 Circular- Return on Capital
View Holding(s) in Company (Opens in new Window) 25/05/09 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 22/05/09 Holding(s) in Company
View Holding(s) in Company (Opens in new Window) 20/05/09 Holding(s) in Company
View Appointment of New Non Executive Director (Opens in new Window) 09/04/09 Appointment of New Non Executive Director
View ACE, Biofoods, Hainan sale Announcement (Opens in new Window) 01/04/09 ACE, Biofoods, Hainan sale Announcement
View Investment Support Termination (Opens in new Window) 22/03/09 Investment Support Termination
View Full Year Financial Statement and Dividend Announcement (Opens in new Window) 27/02/09 Full Year Financial Statement and Dividend Announcement
View Portfolio Update- AWT, DBI and Biofoods (Opens in new Window) 12/02/09 Portfolio Update- AWT, DBI and Biofoods
View EGM Announcement- Directors Appointment (Opens in new Window) 23/01/09 EGM Announcement- Directors Appointment
View Portfolio Update- AWT (Opens in new Window) 07/01/09 Portfolio Update- AWT
 
 
 
 

Contact Us

 

Elysium Fund Management Limited
PO Box 650
1st Floor Royal Chambers
St Julian's Avenue
St Peter Port
Guernsey
GY1 3JX

Tel: +44 1481 810 100
Email: [email protected]