PIWORLD Investor Podcasts

Alexandra Jackson, Fund Manager of the Rathbone UK Opportunities Fund. The fund has returned 20% ytd (as at 22.10.21) and has an impressive track record over the longer term. Here, we learn about Alexandra's selection criteria of scalability, durability, quality and governance. This does lead to some UK tech companies, which do exist! She outlines how the team assessed the portfolio during the March 2020 Covid crises, and reflects on lessons learned, referring to their score card to take emotion out of investing decisions. She makes it all sound so easy! 00:41 Alexandra’s background 02:05 The performance of the fund v FTSE All Share and peers 03:54 Approach and learnings from March 2020 06:05 Investment selection criteria: Scalability: Future #FUTR & Keystone Law #KEYS Durability: Diploma #DPLM Quality: Halma #HLMA Governance: Greggs #GRG 10:47 Valuations 12:05 Lower PE stocks in the portfolio: MJ Gleeson #GLE, Beasley #BEZ 13:53 IPOs: Oxford Nanopore Technologies #ONT; Bites Technology Group #BYIT 16:57 Current sentiment to capital raises 17:32 UK tech, including Kainos #KNOS & Molten Ventures #GROW 22:14 What are the most exciting stocks that could move the dial in the next year: Intermedia Capital #ICP; Accsys Technologies #AXS; Greggs #GRG 24:54 Learning from mistakes 26:45 Qualities that make a good Fund Manager Alexandra Jackson manages the Rathbone UK Opportunities Fund, (formerly named Rathbone Recovery Fund) which she has run since 2014. She joined Rathbones in January 2007 and was formerly Assistant Fund Manager on the Rathbone Global Opportunities Fund. Alexandra holds the IMC and is a CFA (Chartered Financial Analyst) charterholder. Rathbone Funds UK: rutm.com Rathbone UK Opportunities Fund: https://www.rathbonefunds.com/uk/individual-investor/multi-asset-fixed-income-and-equity-funds/rathbone-uk-opportunities-fund

IG Design Group H1 2022 presentation for the period ended 30th September 2021, given by CEO, Paul Fineman, and CFO, Giles Willits. Paul Fineman, CEO 00:19 Introduction 00:40 Summary of the year Giles Willits, CFO 06:00 Financial overview Paul Fineman, CEO 11:41 Supply chain challenges and cost headwinds 17:09 The regions: DG Americas 20:08 DG International update 21:37 FY22 Outlook 23:15 FY23 Long-term positive outlook 29:10 Q&A IG Design Group plc, formerly International Greetings plc, is engaged in the design, manufacture and distribution of gift packaging and greetings; stationery and creative play products, and design-led giftware. The Company's geographic segments include UK and Asia; Europe; USA, and Australia. The Company sells its products in over 150,000 stores across approximately 80 countries. It also offers a portfolio of licensed and customer bespoke products suitable for sale through multi channel distribution. The Company's products include crackers, pens and pencils, stickers, single cards and gift wrap. The Company offers its products under the brands A Star, B Stationery, Papercraft and Pepperpot. Its subsidiaries include Artwrap Pty Ltd, International Greetings UK Ltd, International Greetings USA, Inc, International Greetings Asia Ltd, The Huizhou Gift International Greetings Company Limited, Hoomark BV, Anchor International BV and Hoomark S.p.z.o.o.

Appreciate Group interim results for the period ended 30th September 2021, presented to analysts by CEO, Ian O'Doherty and CFO, Tim Clancy. Ian O’Doherty, Chief Executive Officer 00:17 – Introduction 00:44 – Strategic highlights of the period 02:46 – Financial highlights of the period 04:45 – Strong recovery in H1 billings 05:27 – Corporate operational highlights 05:57 - Consumer operational highlights Tim Clancy, Chief Financial Officer 06:26 – Financial results 13:19 – Summary Ian O’Doherty, Chief Executive Officer 13:45 – Our strategic journey 13:54 – Evolving our strategy to drive growth Areas of emphasis: 14:57 – Performance 16:28 – Products 17:56 – Partnerships 19:08 – Platform 20:31 – Summary: Driving growth opportunities Appreciate Group plc is a United Kingdom-based company gifting and engagement company. The Company operates through two segments: Consumer and Corporate. The Consumer segment Offers multi-retailer redemption product directly from its Website www.highstreetvouchers.com or via its christmas savings offering. The corporate segment includes the Company's sales to businesses, offering primarily sales of the Love2shop voucher, flexecash cards, Mastercards and e-codes in addition to other retailer voucher. The Company's products are split into three categories: Multi-retailer redemption product, Single retailer redemption products, and Other. The Single retailer redemption products includes third party retailer vouchers, cards, and e-codes. The Other category provides hampers, merchandise, and consultancy fees. Its products include Love2shop gift card, Love2shop gift voucher, Love2shop holidays, single store vouchers and gift cards, corporate gift cards, and VIP experiences and group travel.

Eneraqua Technologies IPO'd on 22.11.21. Here, Mitesh Dhanak, CEO and Iain Richardson, CFO outline the business, why they have listed and their strategy going forward. 00:25 Who are Eneraqua Technologies? 01:19 Growth drivers 02:25 Financial highlights 02:46 Growth strategy About Eneraqua Technologies: Eneraqua Technologies (AIM:ETP) is a specialist in energy and water efficiency. The Group has two divisions: energy and water. Energy is the larger division, with the Company focused on clients with end of life gas, oil or electric heating and hot water systems. The Group provides turnkey retrofit district or communal heating systems based either on high-efficiency gas or ground/air source heat pump solutions that support Net Zero and decarbonisation goals. The water division is a growing service offering focused on water efficiency upgrades for utilities and commercial clients including hotels and care homes. The activities in both divisions are underpinned by the Company's wholly-owned intellectual property, the Control Flow HL2024 family of products which reduce water wastage and improve the performance of heating and hot water systems. The Company's main country of operation is the United Kingdom. The Company's head office is based in London with additional offices in Washington (Sunderland), Leeds, India, Spain and the Netherlands. The Company has 94 full time employees, with the majority employed within the UK. Eneraqua Technologies has received the London Stock Exchange's Green Economy Mark.

IG Design Group CEO, Paul Fineman, and CFO, Giles Willits, give an overview of the interim results for the period ending 30th September 2021. Paul Fineman, CEO 00:22 Overview of the period Giles Willits, CFO 01:13 Financial overview Paul Fineman, CEO 02:30 External challenges 05:06 Operational review 06:36 Outlook IG Design Group plc, formerly International Greetings plc, is engaged in the design, manufacture and distribution of gift packaging and greetings; stationery and creative play products, and design-led giftware. The Company's geographic segments include UK and Asia; Europe; USA, and Australia. The Company sells its products in over 150,000 stores across approximately 80 countries. It also offers a portfolio of licensed and customer bespoke products suitable for sale through multi channel distribution. The Company's products include crackers, pens and pencils, stickers, single cards and gift wrap. The Company offers its products under the brands A Star, B Stationery, Papercraft and Pepperpot. Its subsidiaries include Artwrap Pty Ltd, International Greetings UK Ltd, International Greetings USA, Inc, International Greetings Asia Ltd, The Huizhou Gift International Greetings Company Limited, Hoomark BV, Anchor International BV and Hoomark S.p.z.o.o.

Michael Bonte-Friedheim, CEO and Founder of NextEnergy Capital and Ross Grier, Managing Director of NextEnergy Capital present NextEnergy Solar Fund’s interim results for the period ended 30 September 2021, to analysts and investors. Michael Bonte-Friedheim, Group CEO 00:16 – Introduction 02:20 – NESF: a brief overview 02:56 – Financial highlights 05:39 – Key period highlights 07:12 – Period performance Ross Grier, Managing Director 08:04 – Portfolio growth Michael Bonte-Friedheim 10:16 – Nav bridge 10:44 – Portfolio bridge Ross Grier 12:23 – Nav sensitivities 14:30 – Optimised capital structure 15:23 – Ordinary share dividends 15:57 – Forecast power prices 17:10 – Protecting future cash flows 20:17 – ESG 21:20 – Strategic forward focus Michael Bonte-Friedheim 22:40 – NESF going forward 23:48 – Q&A 38:02 – Closing remarks NextEnergy Solar Fund Limited is a closed-ended investment company. The Company's principal activities and investment objectives are to provide investors with a sustainable and attractive dividend that increases in line with retail price index over the long-term by investing in a portfolio of solar photovoltaic (PV) assets that are located in the United Kingdom. It seeks to provide investors with an element of capital growth through the reinvestment of net cash generated in excess of the target dividend in accordance with its investment policy. Its portfolio includes over 94 solar PV plants that are located across approximately 20 different counties of England and Wales. In addition, the portfolio is diversified across over 20 non-connected contractors, approximately 10 different Tier 1 solar panel manufacturers and over nine Tier 1 inverter manufacturers. NextEnergy Capital IM Limited is the investment manager and NextEnergy Capital Limited is the investment advisor of the Company.

Nick Bolton, CEO, outlines Oxford Metrics strategic growth ambitions for the next five years 00:20 introduction and business highlights 03:34 Next step growth 04:11 Smart sensing 16:11 Change accelerated 17:40 Opportunity 28:09 M&A 31.45 Outlook Ever since 1984, Oxford Metrics (LSE: OMG) has been enabling the interface between the real world and its virtual twin. It was in that year we introduced our first motion capture system and we have been providing a bridge between the physical and digital world ever since. We started our journey in healthcare, expanded into entertainment, winning an OSCAR® and an Emmy®, then we moved into defence and engineering. We have a track record of creating value by incubating, growing and then augmenting through acquisition, unique technology businesses. Our smart sensing software enables over 10,000 customers in over 70 countries, to sense, analyse and apply all sorts of data, including all 10 of the world’s top 10 games companies and all of the top 20 universities worldwide. We even have around half the UK street lighting assets managed using our software. Our group is headquartered in Oxford with offices in Leamington Spa, Gloucester, California, Colorado and New Zealand and since 2001, has been a quoted company listed on AIM, a market operated by the London Stock Exchange.

Ian Whittaker, Media and Tech analyst, gives his views of the main themes in the sectors today, and where he sees investing opportunities including WPP, ITV and other broadcasters, online classified and grocery delivery. We discuss the effect of Apple’s privacy policy for themselves and the sector; Facebook’s rebrand and its investment case; how paid for subscription services affects linear TV & cinema and finally we discuss Pearson. 00:36 Ian’s background 01:47 Main themes in media & tech 04:10 The effect of Apple’s #APPL privacy policy 08:30 Facebook’s #FB new branding to Meta Platform Inc 12:18 Is now the time to invest in Facebook/Meta #FB? 13:44 Why were Tremor #TRMR and Trade Desk #TTD unaffected by Apple’s privacy changes? 16:01 What media and tech stocks look interesting now? #WPP & #ITV 21:22 Will traditional linear TV be affected by subscription video on demand, eg. Netflix #NFLX, Disney #DIS? 25:25 Pearson #PSON About Ian Whittaker Current City AM Analyst of the Year and twice winner of the award, Ian is founder of Liberty Sky Advisors, a boutique advisory and consultancy business focused on the Media and Tech spaces, as well as a co-founder of Bearstone Advisors, which focuses on European M&A in Media and Tech. Ian has over 20 years' experience working in the City where he was recognised for his industry knowledge across all parts of Media, Digital and Marcoms. With a proven track record of being ahead of the curve in understanding industry dynamics and the implications for companies, he is a regular columnist for Campaign, City AM and VideoWeek and has made numerous media appearances including Bloomberg, Sky News, CNBC and Radio 4. He is a regular speaker at major industry events and conferences. His subscription service The Bigger Picture focused on explaining the Media and Tech sectors from a wider perspective, can be found at www.ianwhittakermedia.com

Tracsis CEO Chris Barnes and CFO Andrew Kelly present the Group’s results for the full year ending 31st July 2021. Revenue growth of 12.7% in Rail Technology & Services Division. Adjusted EBITDA +23.8%, cash £25.4m. For the outlook, there will be a rebound in activity levels for Events and Traffic Data. The William-Shapps plan for rail will be a tailwind. The acquisitions of Icon Group and Flash Forward Consulting have strengthened the group, further M&A opportunities are sought. The first quarter is in line with expectations. Chris Barnes, CEO 00:18 Introduction 00:54 What Tracsis does 02:34 Overview of the year Andrew Kelly, CFO 03:52 Financial highlights 05:22 Revenues by division 07:05 Income Statement 08:00 Revenue bridge 08:37 Divisional performance 09:39 Cash flow Chris Barnes, CEO 11:52 Growth strategy 12:52 Williams-Shapps review 16:55 Operational performance software 17:53 Remote condition monitoring 19:07 RailHub 20:37 Smart ticketing 21:55 Addressable market 23:12 Data Analytics and GIS 24:00 Icon Group acquisition Andrew Kelly, CFO 24:57 ESG Chris Barnes, CEO 28:34 Rail technology outlook 29:42 Data analytics & Events outlook 32:00 Conclusion 33:10 Q&A Chris Barnes, CEO 44:21 Closing remarks Tracsis plc is a holding company. The Company is engaged in the business of software development and consultancy for the rail industry. Its segments include Rail Technology and Services, and Traffic & Data Services. The Rail Technology and Services segment includes its Software, Consultancy and Remote Condition Monitoring Technology, and also includes Ontrac Limited and Ontrac Technology Limited (together being Ontrac). The Traffic & Data Services segment includes data capture, analysis and interpretation of traffic and pedestrian data to aid with the planning, investment and ultimate operations of a transport environment and it also includes SEP Limited (SEP). It provides software products, consultancy services and delivers customized projects to solve a range of problems within the transport and traffic sector. It specializes in solving a range of data capture, reporting and resource optimization problems along with the provision of a range of associated professional services.

DOTD CEO, Milan Patel and CFO Paraag Amin give an overview of results for the full year ended 30th June 2021. Milan Patel, CFO 00:32 Overview of the year 03:09 Key operational achievements Paraag Amin, CFO 06:31 Financial highlights 08:05 What’s the focus for 2022? Milan Patel, CFO 08:52 Outlook dotdigital Group Plc is a United Kingdom-based company, which is engaged in providing software as a service (SaaS) and managed services to digital marketing professionals. The Company offers dotmailer, which provides e-mail and multi-channel marketing automation platform with various tools that enable marketers to create, manage, execute and evaluate various campaigns. In addition to its automation technologies, the Company also provides multi-channel marketing consultancy and services for businesses seeking to manage customer acquisition, conversion and retention. The Company also has pre-built integrations with e-commerce platforms and customer relationship management (CRM) products, such as Magento and Salesforce. dotmailer helps in using contact data to design, test and send automated campaigns. The Company's subsidiaries include dotmailer Limited, dotsearch Europe Limited and dotmailer Inc. Through its subsidiaries, it is engaged in providing Web- and e-mail-based marketing.