REG-Director/PDMR Shareholding

ICGAnnouncement

Today 07:00

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ICG plc (the “Company”)

4 March 2026

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

The Company received notification that on the 2 and 3 March 2026, John Lester
& Son Limited, a person closely associated with Matthew Lester, Non-Executive
Director, purchased a total of 1,528 ordinary shares in the Company.

The notifications set out in this announcement are disclosed in accordance
with the requirements of the UK Market Abuse Regulation.

 1   Details of the person discharging managerial responsibilities/person closely associated                                                                                                                                 
 a)  Name                                                                              John Lester & Son Limited                                                                                                             
 2   Reason for the notification                                                                                                                                                                                             
 a)  Position/status                                                                   Person Closely Associated with Matthew Lester (Non-Executive Director)                                                                
 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                                                         Purchase of ordinary shares                                                                                                           
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     £16.59                                                                                                                                               1,024                                                              
 d)  Aggregated information  - Aggregated volume  - Price                              1,024  £16.59                                                                                                                         
 e)  Date of the transaction                                                           2026-03-02                                                                                                                            
 f)  Place of the transaction                                                          London Stock Exchange - XLON                                                                                                          
 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                                                         Purchase of Ordinary Shares                                                                                                           
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     £15.84                                                                                                                                               504                                                                
 d)  Aggregated information  - Aggregated volume  - Price                              504  £15.84                                                                                                                           
 e)  Date of the transaction                                                           2026-03-03                                                                                                                            
 f)  Place of the transaction                                                          London Stock Exchange - XLON                                                                                                          

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