REG-Director/PDMR Shareholding

ICG Enterprise TrustAnnouncement

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ICG Enterprise Trust plc (the “Company”)

2 April 2026

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

The Company received notification on 1 April 2026 that Jane Tufnell, Chair,
transferred 13,283 ordinary shares in the Company ("Shares") from a General
Investment Account (“GIA”) to an Individual Savings Account (“ISA”),
and that she transferred 6,380 Shares to a person closely associated
(“PCA”) with her, who subsequently transferred those 6,380 Shares from a
GIA to an ISA.

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                                                                              Jane Tufnell                                                                                                                          
 2   Reason for the notification                                                                                                                                                                                             
 a)  Position/status                                                                   Chair                                                                                                                                 
 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                                                         Transfer of Ordinary Shares to PCA                                                                                                    
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     Nil                                                                                                                                                  6,380                                                              
 d)  Aggregated information  - Aggregated volume - Price                               6,380 Nil                                                                                                                             
 e)  Date of the transaction                                                           2026-04-01                                                                                                                            
 f)  Place of the transaction                                                          Outside a trading venue                                                                                                               
 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                                                         Disposal of Ordinary Shares from GIA                                                                                                  
     Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     £13.44                                                                                                                                               13,283                                                             
 d)  Aggregated information  - Aggregated volume - Price                               13,283 £13.44                                                                                                                         
 e)  Date of the transaction                                                           2026-04-01                                                                                                                            
 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                                                         Acquisition of Ordinary Shares into ISA                                                                                               
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     £13.44                                                                                                                                               13,283                                                             
 d)  Aggregated information  - Aggregated volume - Price                               13,283 £13.44                                                                                                                         
 e)  Date of the transaction                                                           2026-04-01                                                                                                                            
 f)  Place of the transaction                                                          London Stock Exchange - XLON                                                                                                          



 1   Details of the person discharging managerial responsibilities/person closely associated                                                                                                                                 
 a)  Name                                                                              Mark Tufnell                                                                                                                          
 2   Reason for the notification                                                                                                                                                                                             
 a)  Position/status                                                                   Person Closely Associated with Jane Tufnell (Chair)                                                                                   
 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                                                         Acquisition of Ordinary Shares                                                                                                        
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     Nil                                                                                                                                                  6,380                                                              
 d)  Aggregated information  - Aggregated volume - Price                               6,380 Nil                                                                                                                             
 e)  Date of the transaction                                                           2026-04-01                                                                                                                            
 f)  Place of the transaction                                                          Outside a trading venue                                                                                                               
 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                                                         Disposal of Ordinary Shares from GIA                                                                                                  
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     £13.44                                                                                                                                               6,380                                                              
 d)  Aggregated information  - Aggregated volume - Price                               6,380 £13.44                                                                                                                          
 e)  Date of the transaction                                                           2026-04-01                                                                                                                            
 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                                                         Acquisition of Ordinary Shares into ISA                                                                                               
 c)  Price(s) and volume(s)                                                            Price(s)                                                           Volume(s)                                                          
     £13.44                                                                                                                                               6,380                                                              
 d)  Aggregated information  - Aggregated volume - Price                               6,380 £13.44                                                                                                                          
 e)  Date of the transaction                                                           2026-04-01                                                                                                                            
 f)  Place of the transaction                                                          London Stock Exchange - XLON                                                                                                          

Contacts:

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

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

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