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9. Related party transactions
No Director has an interest in any material contract to which the Company is a party other than their appointment and remuneration as Directors. Please refer to page 69 of the Annual Report for the Directors’ remuneration tables.
10. Transactions with the Manager
Foresight Group LLP earned fees of £3,035,000 in the year ended 31 December 2023 (2022: £2,724,000). Additionally, a performance fee of £734,000 was paid in the year (2022: £nil), and a liability of £1,115,000 has been recognised as at 31 December 2023 (2022: £280,000).
Foresight Group LLP is the Company Secretary and received accounting and company secretarial services fees of £197,000 during the year (2022: £178,000).
As at 31 December 2023, the amount due to Foresight Group LLP was £8,000 (2022: £nil).
No amounts have been written off in the year in respect of debts due to or from the Manager.
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For further information please contact:
Gary Fraser, Foresight Group: 020 3667 8181