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IN BRIEF: IG Design sells surplus UK warehouse to Welsh government

ALN

IG Design Group PLC - Buckinghamshire, England-based celebration products and gift packaging firm - Subsidiary IG Design Group UK Ltd completes the sale of a surplus warehouse in Aberdare, Wales to the Welsh government for around £3.1 million. Says the disposal reflects its attempts to enhance its balance sheet, with the company expecting to realise profit of £2.9 million on the disposal.

Current stock price: 54.05 pence, up 3.9% on Wednesday afternoon in London

12-month change: down 3.5%

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