ICG Enterprise Trust plc (ICGT) Ordinary 10p Shares

ICG Enterprise Trust Plc is a United Kingdom-based closed-ended investment company. The Company’s principal activity is investing in private equity funds and directly into private companies. The Company’s objective is to provide long-term growth by investing in private companies managed by private equity managers. It seeks to invest in cash-generative portfolio companies held in North America and Europe. The Company holds interests in closed-ended limited partnerships which invest in underlying companies for the purposes of capital appreciation. It invests in various sectors, such as technology, media and telecommunications, consumer goods and services, healthcare, business services, industrials, financials, education, leisure and others. Its subsidiaries include ICG Enterprise Trust Limited Partnership, ICG Enterprise Trust (2) Limited Partnership and others. Its investment manager and alternative investment fund manager (AIFM) is ICG Alternative Investment Limited.

ICG Enterprise Trust will typically invest through: Primary Funds: commitments to private equity funds during their initial fund raise. Secondary Funds: acquiring interests in funds or investments after the fund’s initial fund raise accessed either directly or through a fund structure. Co-investments: investing alongside leading private equity managers, or directly, in specific private companies.

• Ongoing charge1.38%
• Annual management charge -
• Performance feeYes

Management fee is payable as a proportion of NAV at 1.25% p.a. for NAV less than GBP 1.5bn at 1.1% p.a. for NAV between GBP 1.5bn and GBP 2bn and at 1% p.a. for NAV greater than GBp 2bn.