Full Year 2022 Foresight Group Holdings Ltd Earnings Presentation Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Tom Mills - Jefferies - Analyst : Hey, good morning, guys. I had a couple of questions, please, and thanks for the presentation. I think everyone who knows the [alts] industry knows about the challenges of the denominator effect for LPs, but perhaps taking a longer term, could you give us an idea what some of the larger LPs are telling you about the allocation intentions particularly as it relates to renewable infrastructure? And then secondly, Bernard, I think you gave a recent newspaper interview where you talked about the potential for Foresight to partner with potentially a large balance sheet player to accelerate and scale product rollout, could you maybe expand on that as well, please? Thanks very much.

Question: Tom Mills - Jefferies - Analyst : Very interesting. Thanks, Ben, and thanks, Gary.

Question: David McCann - Numis - Analyst : Yeah, morning. I just wanted to follow up on Tom's question there, the latter question there. I mean, so do you see this yet this is not a solution that you envisage, does that mean the group remains listed, does it become owned? So I'm just trying to think how should the market think about the ownership structure of the group and what that might mean, given what you then discussed about the first question. And then secondly, just a smaller question, you have in the annual report, you refer to an acquisition you've made post period end of a business called Wellspring, could you give us more details of that, please?

Question: David McCann - Numis - Analyst : Thank you for that. Could you just confirm on that one kind of the asset under management and what segment of the business that's consistent that's going to sit in?

Question: David McCann - Numis - Analyst : And the assets of the business?

Question: David McCann - Numis - Analyst : Great. Thank you.