ICGT ICG Enterprise Trust

Hardman & Co Research on ICG Enterprise Trust plc: Unique approach to capital allocation

Hardman & Co Research
Hardman & Co Research on ICG Enterprise Trust plc: Unique approach to capital allocation

28-Jan-2025 / 11:40 GMT/BST
The issuer is solely responsible for the content of this announcement.

Hardman & Co Research on ICG Enterprise Trust plc:

Unique approach to capital allocation

 

In this note we examine how shareholders benefit from ICGT’s unique approach to capital allocation (first discussed on page 11 of our 16 May 2024 note ). We have in previous notes highlighted how ICGT’s defensive growth strategy in practice differentiates itself from peers (see Appendix 1) and the capital allocation policy is also a differentiator. ICGT’s approach rewards investors with immediate income through a progressive dividend, long-term compounding capital growth through new PE investments, ongoing NAV accretion through a long-term buyback programme and further NAV accretion with an opportunistic buyback programme when the discount is high.

 

Please click on the link below for the full report:

If you are interested in meeting the company, you can register your interest by clicking on the above link.

To contact us:

Hardman & Co

9 Bonhill Street

London

EC2A 4DJ

 

Follow us on X:

Contact:

Mark Thomas


 

 



 

Hardman & Co Research can be accessed for free under MiFID. Please to read the statement.

About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.


Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
End of Announcement - EQS News Service

2076339  28-Jan-2025 

fncls.ssp?fn=show_t_gif&application_id=2076339&application_name=news&site_id=research_pool~~~9efe1c65-8ece-4ff7-9608-f21c8e0a38a3
EN
28/01/2025

Underlying

ICGTICG Enterprise Trust

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on ICG Enterprise Trust

 PRESS RELEASE
Free
ICGT ICG Enterprise ...

ICG Enterprise Trust announces realisation of Datasite

ICG Enterprise Trust announces realisation of Datasite 22 July 2025 ICG Enterprise Trust announces realisation of Datasite, its fourth largest portfolio company ICG Enterprise Trust plc (“ICGT”) is pleased to announce that it has fully realised its co-investment1 in Datasite, a provider of software focused on virtual data rooms. At 31 January 2025, Datasite was ICGT’s fourth largest company exposure, accounting for 1.9% of the Portfolio value. The co-investment portion accounted for 1.6% of the Portfolio value. As a result of the sale ICGT has received cash proceeds of $30 million (£22 ...

July 22, 2025 1 EN
 PRESS RELEASE
Free
ICGT ICG Enterprise ...

Transaction in Own Shares

Transaction in Own Shares ICG Enterprise Trust plc (the “Company”) 17 July 2025 Transaction in Own Shares The Company announces that on 16 July 2025 it bought back 10,000 of its own shares, to be held as treasury shares, at an average price of 1382 pence per share. Further details are set out below: Number of shares held as treasury shares following settlement of this purchase: 480,721.Total shares in issue excluding treasury shares following settlement of this purchase: 63,073,471. The Company has bought back these shares under the authority granted by shareholders at its Annual Gene...

July 17, 2025 1 EN
 PRESS RELEASE
Free
ICGT ICG Enterprise ...

Transaction in Own Shares

Transaction in Own Shares ICG Enterprise Trust plc (the “Company”) 10 July 2025 Transaction in Own Shares The Company announces that on 9 July 2025 it bought back 15,000 of its own shares, to be held as treasury shares, at an average price of 1378 pence per share. Further details are set out below: Number of shares held as treasury shares following settlement of this purchase: 470,721.Total shares in issue excluding treasury shares following settlement of this purchase: 63,083,471. The Company has bought back these shares under the authority granted by shareholders at its Annual Gener...

July 10, 2025 1 EN
Mark Thomas
  • Mark Thomas
ICGT ICG ENTERPRISE TRUST
07/02/25 July 2, 2025 1 EN
 PRESS RELEASE
Free
ICGT ICG Enterprise ...

Transaction in Own Shares

Transaction in Own Shares ICG Enterprise Trust plc (the “Company”) 2 July 2025 Transaction in Own Shares The Company announces that on 1 July 2025 it bought back 15,000 of its own shares, to be held as treasury shares, at an average price of 1381 pence per share. Further details are set out below: Number of shares held as treasury shares following settlement of this purchase: 455,721.Total shares in issue excluding treasury shares following settlement of this purchase: 63,098,471. The Company has bought back these shares under the authority granted by shareholders at its Annual Genera...

July 2, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch