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Surplus Property Update

5th May 2026 07:00

RNS Number : 9112C
Robinson PLC
05 May 2026
 

 

Robinson plc

5 May 2026

 

SURPLUS PROPERTY UPDATE

 

Robinson plc ("Robinson", the "Company" or the "Group"; stock code: RBN), the custom manufacturer of plastic and paperboard packaging, is pleased to provide an update on the status of the divestment of the Company's surplus properties.

 

In line with our Surplus Property Update on 7 August 2025 and most recently described on 23 December 2025, the Company is pleased to announce the completion of the sale of the Hipper House surplus property. Exchange of contracts and completion took place simultaneously on 1 May 2026. The consideration due on completion is £760,000 and the Company has committed to pay future costs of up to £30,000. The net proceeds of £730,000 will be used to reduce current bank debt. The property attracted rental income of £25,224 during 2025 and the book value was £316,519 at 31 December 2025. 

 

The intention of the Group remains, over time, to realise value from the disposal of surplus properties and use the proceeds to reduce indebtedness and develop our packaging business.

 

For further information, please contact:

 

Robinson plc

www.robinsonpackaging.com

John Melia, CEO

Mike Cusick, CFO

Tel: 01246 389280

Cavendish Capital Markets Limited

Ed Frisby / Seamus Fricker, Corporate Finance

Ella Bedford, Corporate Broking

Tel: 020 7220 0500

 

About Robinson:

 

Being a purpose-led business, Robinson specialises in custom packaging with technical and value-added solutions for food and consumer product hygiene, safety, protection, and convenience; going above and beyond to create a sustainable future for our people and our planet. Its main activity is in injection and blow moulded plastic packaging and rigid paperboard luxury packaging, operating within the Food, Homecare, Personal care, and Luxury gift sectors. Robinson provides products and services to major players in the fast-moving consumer goods market including Bakkavor, British Pepper & Spice, McBride, Persan, Procter & Gamble and Unilever.

 

Headquartered in Chesterfield, UK, Robinson has plants in the UK, Poland and Denmark. Robinson was formerly a family business with its origins dating back to 1839, currently employing nearly 400 people. The Group has an ongoing disposal programme for its substantial surplus property portfolio with development potential.

 

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