23 Jan 2020

Jane Tufnell appointed Chair-designate

ICG Enterprise Trust plc announces that non-executive director Jane Tufnell has been appointed Chair-designate of the Company. She will succeed Jeremy Tigue, who, as previously announced, will step down from the Board at the 2020 AGM after 12 years of service in accordance with the revised Corporate Governance Code. The appointment process was led by Lucinda Riches, Senior Independent Director.

Jane joined the ICG Enterprise Board in April 2019. She started her career in 1986 joining County NatWest, where she jointly ran the NatWest pension fund’s exposure to UK smaller companies. In 1994 she co-founded Ruffer Investment Management Ltd where she worked for over 20 years to build the business to an AUM of £20 billion before leaving in 2014. Jane is Chairwoman of Odyssean Investment Trust plc and a non-executive director of JPMorgan Claverhouse Trust plc, Record plc and Schroder UK Public Private Trust plc. Jane will step down from the Board of JPMorgan Claverhouse Investment Trust plc in March 2020.

Lucinda Riches, Senior Independent Director, commented: “Jane has a wealth of experience in financial services, asset management and listed companies, and I am delighted that she has agreed to succeed Jeremy as Chair.”  

“Jeremy has made a significant contribution to the success of ICG Enterprise over many years, and I would like to thank him for his wise counsel and support, and in particular his excellent stewardship of the Company as Chairman over the last three years.”

Jane Tufnell, added: “Over the last 10 years shareholder returns from ICG Enterprise have been more than double those of the FTSE All-Share. I am excited to have the opportunity to work with the Board and investment team as we look to build on this impressive track record over the coming years.”

As at the date of this announcement, Jane has beneficial interests in 10,000 ordinary shares of the Company.

Share price (ICGT)

34.00P (3.23%)
2:07AM 17 May 2022
The share price information is delayed by at least 15 minutes

Net Asset Value

As of 31 January 2022
Full year results for the twelve months ended 31 January 2022
Year Net assets NAV per share Share price Dividends per share
Jan 2021 £952m 1,384p 966p 24p
Jan 2020 £794m 1,152p 966p 23p
Jan 2019 £731m 1,057p 822p 22p
Jan 2018 £664m 959p 818p 21p
Jan 2017 £613m 871p 698p 20p
Jan 2016 £521m 731p 545p 11p
Jan 2015 £507m 695p 575p 15.5p
Jan 2014 £494m 677p 563p 15.5p
Jan 2013 £460m 631p 487p 5p
Jan 2012 £415m 569p 357p 5p
Jan 2011 £389m 534p 308p 2.25p
Dec 2009 £338m 464p 305p 2.25p
Dec 2008 £327m 449p 187p 4.5p