REG-Director/PDMR Shareholding

ICG Enterprise TrustAnnouncement

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ICG Enterprise Trust plc (the “Company”)

12 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 10 and 11 March 2026, Adiba
Ighodaro, Non-Executive Director, purchased a total of 300 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                                                                              Adiba Ighodaro                                                                                                                        
 2   Reason for the notification                                                                                                                                                                                             
 a)  Position/status                                                                   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 Enterprise Trust plc                                                                                                              
 b)  LEI                                                                               213800T2SY83WIJOJH13                                                                                                                  
 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 10 pence   GB0003292009                                                                                            
 b)  Nature of the transaction                                                         Purchase of ordinary shares                                                                                                           
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     £13.71                                                                                                                                               131                                                                
 d)  Aggregated information  - Aggregated volume  - Price                              131  £13.71                                                                                                                           
 e)  Date of the transaction                                                           2026-03-10                                                                                                                            
 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 10 pence   GB0003292009                                                                                            
 b)  Nature of the transaction                                                         Purchase of Ordinary Shares                                                                                                           
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     £13.71                                                                                                                                               169                                                                
 d)  Aggregated information  - Aggregated volume  - Price                              169  £13.71                                                                                                                           
 e)  Date of the transaction                                                           2026-03-11                                                                                                                            
 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