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Completion of surplus UK warehouse sale

25th Mar 2026 07:00

RNS Number : 9578X
IG Design Group PLC
25 March 2026
 

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

[email protected]

Sam Modlin

Will Merison

 

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