REG-Director/PDMR Shareholding

ICGAnnouncement

03/10/2025 10:30

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ICG PLC (the “Company”)

3 October 2025

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

The Company received notification that on 30 September 2025 (following an
application to enter the relevant plan made on 22 September 2025), David
Bicarregui, Chief Financial Officer, was granted options for ordinary shares
of 26¼ pence each ("Ordinary Shares") in the Company under the ICG Sharesave
Plan 2025. Further information is included in the notification set out below,
in accordance with the requirements of the UK Market Abuse Regulation.

 1   Details of the person discharging managerial responsibilities/person closely associated                                                                                                                                 
 a)  Name                                                                              David Bicarregui                                                                                                                      
 2   Reason for the notification                                                                                                                                                                                             
 a)  Position/status                                                                   Chief Financial Officer                                                                                                               
 b)  Initial notification/Amendment                                                    Initial notification                                                                                                                  
 3   Details of the issuer, UK emission allowance market participant, auction platform or auctioneer                                                                                                                         
 a)  Name                                                                              ICG PLC                                                                                                                               
 b)  LEI                                                                               549300OGASR5WRKJ8R68                                                                                                                  
 4   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted                       
 a)  Description of the financial instrument, type of instrument  Identification code  Ordinary Shares of 26¼ pence  GB00BYT1DJ19                                                                                            
 b)  Nature of the transaction                                                         Grant of options under the ICG Sharesave Plan 2025 with a maturity date of 1 November 2028                                            
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     £17.26                                                                                                                                               1,057                                                              
 d)  Aggregated information  - Aggregated volume  - Price                              1,057  £17.26                                                                                                                         
 e)  Date of the transaction                                                           2025-09-30                                                                                                                            
 f)  Place of the transaction                                                          Outside of a trading venue                                                                                                            

Contacts:

Chris Hunt 
Head of Corporate Development and Shareholder Relations, ICG PLC
+44 (0) 20 3545 2020

Clare Glynn
Head of Corporate Communications, ICG PLC
+44 (0) 20 3545 7794

Andrew Lewis 
General Counsel and Company Secretary, ICG PLC
+44 (0) 20 3545 1344