IG Design Group
IGR · AIM · Personal Care, Drug and Grocery Stores · mcap £80m · 90.5p 4 open situations →
- EV
- £34.9m
- EV / EBIT
- 4.6x
- Net cash
- £54.7m
- FCF yield
- -6.9%
- Revenue
- £218m
- Share price 1y
- +62%
- Insiders 12m
- bought £16.0m
- Next report
- around 1 Dec
IG Design Group designs and makes celebration and gifting products such as wrapping paper, crackers, cards and party goods. After the 2025 disposal of DG Americas it sells mainly through its International division in the UK and Europe.
Open · 4
1 director buying
- 9 Oct 2026 Ari Bensoussan £427k
Octopus Investments Limited selling down
Next: 5.99% still held
- 18 Sep 2026 5.99%
- 11 Sep 2026 5.99%
- 30 Mar 2026 6.4%
- 6 Mar 2026 7.99%
DG Americas wind-down
Led to Distributable reserves and dividend – Buyback launched via Canaccord on 16 June 2026
DG Americas was sold to Hilco on 30 May 2025 and Hilco is realising the entities. The FY2026 results show a £110.2m loss on disposal and a £117.7m loss from discontinued operations. Future proceeds remain valued at £nil.
- Buyer
- Hilco, completed 30 May 2025 16 Jun 2026 ↗
- Loss on disposal
- £110.2m; loss from discontinued operations £117.7m 16 Jun 2026 ↗
- Future proceeds
- Fair value £nil at 31 March 2026 16 Jun 2026 ↗
Next: Hilco realisation of DG Americas entities
- 16 Jun 2026 Hilco realising; proceeds still valued at nil
- 2 Dec 2025 Sold 30 May 2025; Hilco realising; proceeds valued at nil
- 28 Oct 2025 Sold to Hilco; Hilco running sale process
Distributable reserves and dividend
Follows from DG Americas wind-down – Hilco realising; proceeds still valued at nil
The DG Americas sale left no distributable reserves in Dec 2025. The High Court approved the capital reduction on 3 Mar 2026. With the FY2026 results on 16 Jun 2026 the Board proposed a 1.0p final dividend and a buyback of up to 10% of shares. On 16 Jun 2026 the buyback began, with Canaccord buying up to 9,830,814 shares as principal until 24 Sep 2026 for cancellation.
- Buyback
- Up to 10% of issued share capital, under 2025 AGM authorities 16 Jun 2026 ↗
- Framework
- New capital allocation: growth, progressive dividend, return of surplus capital 16 Jun 2026 ↗
- Net cash
- £54.6m at 31 March 2026 16 Jun 2026 ↗
- Buyback size
- Up to 9,830,814 ordinary shares, up to 10% of issued share capital 16 Jun 2026 ↗
- Broker
- Canaccord Genuity buys as principal under an irrevocable non-discretionary instruction, then sells the shares to the Company for cancellation 16 Jun 2026 ↗
- Conditions
- Purchases require distributable reserves to be available at the time 16 Jun 2026 ↗
- 16 Jun 2026 Buyback launched via Canaccord on 16 June 2026
- 16 Jun 2026 Dividend reinstated and buyback announced
- 4 Mar 2026 Court approved 3 March 2026; registration pending
- 11 Feb 2026 Capital reduction approved by shareholders
Closed · 8
Company filings. Not investment advice.