Icg Enterprise Trust Plc Gbp · LSE:ICGT
Icg Enterprise Trust Plc Gbp — ICG Enterprise Trust — 9M FY2022 Earnings Presentation
15 slides from Icg Enterprise Trust Plc Gbp's earnings presentation, Feb 1, 2022
Slide 1: Results for the nine months to 31 October 2021
iCG ENTERPRISE TRUST Results for the nine months to 31 October 2021 1 FEBRUARY 2022
Slide 2: Highlights
Highlights Performance Strategic iCG ENTERPRISE TRUST NAV per share of 1,628p; total return of 7.3% during the quarter, 33.2% over the last twelve months Actively managed portfolio performing strongly; Return on a Local Currency Basis of 8.3% during the quarter, 44.7% over the last twelve months Rob
Slide 3: Period in review
Period in review iCG ENTERPRISE TRUST PERFORMANCE BALANCE SHEET NAV per share Portfolio LTM Return 1,628p £1,090m £76m 1 io2 Cash £949m NAV per share! Portfolio’ as P| % 45% 33 0 || 0 £247m Liquidity FY21 Q3'22 FY21 Q3'22 NEW INVESTMENTS DURING THE QUARTER REALISATION ACTIVITY DURING THE QUARTER Tot
Slide 4: Track record of consistent value creation for our shareholders
Track record of consistent value creation iCG for our shareholders HISTORICAL NAV GROWTH 1,800 e e? . 12% 1,600 e e e e 8% 1,400 e e e A% e e ° e 1,200 © oe ° ° 1,000 800 600 Jan-16 Jan-17 Jan-18 Jan-19 Jan-20 Jan-21 | 7 M NAV pershare(p) @Q-o-Q NAV per Share Total Return (RHS) ALONGSIDE PROGRESSIVE
Slide 5: Actively managed Portfolio continues to grow
Actively managed Portfolio continues to grow iCG ENTERPRISE TRUST PORTFOLIO VALUE ™1CG-managed investments @ Third Party Direct and Secondary Investments Third Party F ird Party Funds £695m £594m £601m FY17 FY18 FY19 £806m FY20 £949m FY21 £1,090m Q3'22 — 5 ICG SELECTS UNDERLYING COMPANIES 25% 12 7]
Slide 6: New investments and valuation increases
New investments and valuation increases iCG ENTERPRISE TRUST MOVEMENT IN PORTFOLIO VALUE DURING THE QUARTER £84m ( vale nore cet | 40% Uplift to Carryin £75m (Nesom | (arin oe | Value from 27 Full ng New (weve! | pore r ence nee e eee ra ieee! { ‘ / Ma £39m ! £46 1 £30m f4smo | = | £1,090m as £1,019
Slide 7: Record realisation momentum continuing
Record realisation momentum continuing iCG ENTERPRISE TRUST HISTORICAL REALISATION ACTIVITY £265m 1 \ ' pono 1 1 To penne, i io pr : : H H FY '18 FY'19 FY '20 FY '21 9m '22 "1Q4 realisation UPLIFTS TO CARRYING VALUE" FyY18 FY19 FY20 FY21 9m ‘22 40% 35% 37% 31% 30% Note: realisation numbers exclude £
Slide 8: Substantial new investments, weighted towards High Conviction
Substantial new investments, weighted towards High Conviction NEW INVESTMENTS ag £41m £18m £69m £6 £54m oo FY'8 FY'19 FY!20 FY'21 @ Third Party Funds @ High Conviction Investments 9m '22 1Q4 investments SELECTED HIGH CONVICTION INVESTMENTS iCG ENTERPRISE TRUST 6 MONTHS TO 31 JULY 3 MONTHS TO 31 OCTO
Slide 9: Underlining strategic benefit of Third Party Funds alongside ICG-managed investments
Underlining strategic benefit of Third Party aon Funds alongside |CG-managed investments EXAMPLES OF THIRD PARTY FUNDS AND CURRENT DIRECT INVESTMENTS! PROVIDING DEAL FLOW TO DIRECT INVESTMENTS Ww | GRIDI RON | (CLASS AEUATION * Commitments to Third Party Funds give access and insight to direct inves
Slide 10: European Camping Group (ECG)
European Camping Group (ECG) iCG os Direct investment in focus 1 Osuna on | “THE TRANSACTION WILL PROVIDE A SOLID FOUNDATION FOR FUTURE GROWTH”! ~£9.5M EUROPEAN CAMPING fae leading European operator of premium campsites INVESTMENT ALONGSIDE GROUP PAI PARTNERS >22k units in >310 sites BQ >. pans Scal
Slide 11: Portfolio today: actively managed, constructed for defensive growth
Portfolio today: actively managed, constructed for defensive growth APPROPRIATELY DIVERSIFIED PORTFOLIO % of Portfolio value J ove li 7 BALANCED GEOGRAPHICAL EXPOSURE \ a ) May not sum due to rounding = North America = Europe mUK = Rest of World PETsMART ooo Ori “LHS Yupo RESILIENT SECTOR EXPOSURE o
Slide 12: Well positioned to navigate dynamic market conditions
Well positioned to navigate dynamic iCG os market conditions SELECTED EXAMPLES FROM TOP 30 COMPANIES Potential characteristics of defensive growth companies Dominant market Mission-critical Ability to pass on 7 . 4 . en High margins position services price increases allegro Ret TsOURCE berlin 3! Aut
Slide 13: Outlook: focus on delivering compounding shareholder value over the long term
Outlook: focus on delivering compounding oo shareholder value over the long term HIGHLIGHTS FOR THE QUARTER PROVEN MODEL TARGETING CONSISTENT RETURNS * Actively managed portfolio performing strongly Dedicated, Focused Unique access to ICG platform investment strategy experienced investment team * Ro
Slide 14: Q&A
Q&A PRIVATE AND CONFIDENTIAL
Slide 15: Legal notice
Legal notice iCG |. What this document is for This document has been prepared by ICG Alternative Investment Limited (“ICG AIL”) as manager of ICG Enterprise Trust plc (“ICG Enterprise”). The information and any views contained in this document are provided for general information only. It is not int
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