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Published on: April 3, 2018

Sale of Hirwaun Warehousing Property

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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