IG DESIGN GROUP:  Sale of Hirwaun Warehousing Property

IG Design plc | Published on 03/04/2018

IG Design Group plc (“Design Group”) has announced the sale of property in Hirwaun, Wales. The property, which was used as warehousing, has been sold to a power company that has exercised a previously granted option to purchase. The cash proceeds of the transaction amount to £2.5m, payable on completion and will result in a £1.1m-£1.3m exceptional gain in Q4 of FY2018.

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