REG-Transaction in Own Shares <Origin Href="QuoteRef">ICGT.L</Origin>

ICG Enterprise TrustAnnouncement

31/07/2017 17:00

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ICG ENTERPRISE TRUST PLC

TRANSACTION IN OWN SHARES

31 July 2017

ICG Enterprise Trust plc ("the Company") announces that on 28 July 2017 it
bought back 50,000 of its own shares, to be held in treasury, at an average
price of 742.0p. The highest and lowest price paid was 742.0p. Further details
are set out below:

Number of shares held in treasury following this purchase: 3,358,508
Total shares in issue excluding treasury shares following this purchase:
69,554,492

For further information, please contact Nikki Edgar on 0203 201 7700.

Notes

The Company has bought back these shares under the authority granted by
shareholders at its Annual General Meeting in June 2017, which permits the
Company to repurchase a maximum of 14.99% of its ordinary shares. The actual
number of shares repurchased by the Company will depend on market conditions.
This authority lasts until the next shareholder authority granted (expected to
be at the Annual General Meeting in 2018), or until expressly revoked by
shareholders.

No maximum consideration payable has been determined by the Company, but the
Company is unable to pay a price for any shares pursuant to the buyback which
would equate to a premium to the net asset value. It is the Company's current
intention to hold any shares bought back in treasury.

The Company has instructed Numis Securities Limited as its broker in respect
of its buyback transactions. This arrangement is in accordance with Chapter 12
of the UKLA Listing Rules and the Company's general authority to repurchase
shares.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of
Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for
the content, accuracy and originality of the information contained therein.
Source: ICG Enterprise Trust Plc via Globenewswire