What Changed

ICG Enterprise Trust plc bought back 15,000 of its own shares on 14 September 2026, according to the company's disclosure. The purchase was carried out at an average price of 1,416 pence per share, under the UKLA Listing Rules, the framework administered by the UK Listing Authority that governs how a listed company may repurchase its own stock. Under that framework, the trust cannot pay a price above the net asset value premium when buying back shares.

Highlights

  • ICG Enterprise Trust bought back 15,000 shares on 14 September 2026.
  • The average price paid was 1,416 pence per share.
  • The trust now holds 3,174,402 shares in treasury following the purchase.
  • 60,379,790 shares remain in issue excluding treasury.
  • The purchase was made under authority granted at the Annual General Meeting in June 2026.

Who Is Affected

Shareholders in ICG Enterprise Trust are affected because the repurchased shares will be held in treasury rather than cancelled, a treasury-shares arrangement that lets the trust reissue them later rather than retiring them permanently. Following the purchase, the trust holds 3,174,402 shares in treasury, while 60,379,790 shares remain in issue excluding treasury. The buyback was executed through Numis Securities Limited, trading as Deutsche Numis, which acts as the trust's appointed broker for the programme.

What To Watch Next

The authority for further buybacks traces to the Annual General Meeting held in June 2026, and it remains in force until the next shareholder authority is granted, expected at the Annual General Meeting in 2027, or until it is expressly revoked. The trust has not yet determined a maximum consideration for further purchases under this authority.