ICG Enterprise Trust plc (the “Company”)

January 26, 2023

Trading in Own Shares

The Company announces that it has bought back on January 25, 2023 20,000 of its own shares, to be held as own shares, at an average price of 1154 pence per share.

Further details are listed below:

  • Number of treasury shares held following this buyback: 4,557,425

  • Total shares issued excluding treasury shares following this buyback: 68,355,575

The Company has repurchased these shares within the framework of the authorization given by the shareholders at its June 2022 General Meeting, which allows the Company to repurchase a maximum of 14.99% of its ordinary shares. The actual number of shares repurchased by the Company will depend on market conditions. This authorization lasts until the next granted shareholder authorization (expected at the 2023 Annual General Meeting), or until it is expressly revoked by the shareholders.

The figure of 68,355,575 above may be used by shareholders as the denominator for calculations by which they will determine whether they are required to notify their interest or a change in their interest in the Company under the disclosure and disclosure rules. FCA transparency.

No maximum consideration payable has been determined by the Company, but the Company is unable to pay a price for the shares under the redemption that would amount to a premium to the net asset value. The Company currently intends to hold the repurchased shares in treasury.

The Company has appointed Numis Securities Limited to act as its broker in connection with its repurchase transactions. This arrangement is in line with UKLA listing rules and the company’s general permission to buy back shares.

Analyst/Investor Requests:
chris hunt
Shareholder Relations, ICG
+44 (0) 20 3545 2020

Andrew Lewis
Secretary General, ICG
+44 (0) 20 3545 1344

Media:
Claire Glynn,
Corporate Communication, ICG
+44 (0) 20 3545 1395

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