25th Mar 2026 07:00
25 March 2026
IG Design Group plc
(the "Company", the "Group" or "Design Group")
Completion of surplus UK warehouse sale
IG Design Group plc, a leading designer, innovator and manufacturer across various celebration and creative categories, announces that its subsidiary, IG Design Group UK Limited, has completed the sale of a surplus warehouse at Hirwaun Industrial Estate, Aberdare to the Welsh Government for c.£3.1 million. As previously indicated in the February 2026 trading update, this disposal forms part of the Group's efforts to strengthen its balance sheet. The carrying value of the site was £0.1 million and the sale will realise a profit of £2.9 million (after £0.1m of selling costs and taxes).
For further information, please contact: | |
IG Design Group plc | Tel: +44 (0)1525 887310 |
Stewart Gilliland, Interim Executive Chair | |
Rohan Cummings, Chief Financial Officer | |
Canaccord Genuity Limited (Nomad and Broker) | Tel: +44 (0)20 7523 8000 |
Bobbie Hilliam | |
Elizabeth Halley-Stott | |
Alma Strategic Communications | Tel: +44 (0)20 3405 0205 |
Rebecca Sanders-Hewett | |
Sam Modlin | |
Will Merison |
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