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REG-Director/PDMR Shareholding

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ICG PLC (the “Company”)

20 March 2026

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

The Company has received notification that on 19 March 2026, Antje
Hensel-Roth, Chief People and External Affairs Officer, transferred 36,697
ordinary shares in the Company to a partnership, in exchange for a partnership
interest.

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                                                                              Antje Hensel-Roth                                                                                                                     
 2   Reason for the notification                                                                                                                                                                                             
 a)  Position/status                                                                   Chief People and External Affairs 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                                                         Transfer of ordinary shares from Antje Hensel-Roth to a partnership                                                                   
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     Nil                                                                                                                                                  36,697                                                             
 d)  Aggregated information  - Aggregated volume  - Price                              36,697  Nil                                                                                                                           
 e)  Date of the transaction                                                           2026-03-19                                                                                                                            
 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

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