IG Design Group Plc, one of the world’s leading designers, innovators and manufacturers, of gift packaging and greetings, social expression giftware, stationery and creative play products, today announces that it has raised £5.25 million (before expenses) by way of a placing of 3,000,000 new Ordinary Shares at a price of £1.75 pence per share.
"I am delighted to welcome Lang into the Design Group fold.’’ Paul Fineman, Group CEO
“I am delighted to report that the Group has delivered another year of strong growth with all metrics again exceeding our financial, commercial and operational goals. We have, once again, demonstrated our ability to turn profit into cash and successfully deliver fast payback on investments made, allowing us to increase dividends from 1p to 2.5p."
“Our new name, IG Design Group plc, is far more than just a simple change of brand. It is the culmination of our three year business plan that lays the foundation for the future growth of our business.