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On 25 March 2026, IG Design Group plc's subsidiary, IG Design Group UK Limited, completed the sale of a surplus warehouse. The warehouse, located at Hirwaun Industrial Estate, Aberdare, was sold to the Welsh Government for approximately £3.1 million. This transaction realized a profit of £2.9 million, after £0.1 million in selling costs and taxes, against the site's carrying value of £0.1 million.
| Date | 25 Mar 2026 |
| Time | 07:00:01 |
| Category | Disposals |
| ID | 9578X |
25 March 2026
IG Design Group plc
(the "Company", the "Group" or "Design Group")
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).
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For further information, please contact: |
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IG Design Group plc |
Tel: +44 (0)1525 887310 |
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Stewart Gilliland, Interim Executive Chair |
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Rohan Cummings, Chief Financial Officer |
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Canaccord Genuity Limited (Nomad and Broker) |
Tel: +44 (0)20 7523 8000 |
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Bobbie Hilliam |
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Elizabeth Halley-Stott |
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Alma Strategic Communications |
Tel: +44 (0)20 3405 0205 |
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Rebecca Sanders-Hewett |
designgroup@almastrategic.com |
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Sam Modlin |
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Will Merison |
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