Embargoed until 0700 hrs, 24 June 2016
International Greetings PLC (the "Company")
Change of Name
International Greetings 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 intends to change its name to IG Design Group plc. The name IG Design Group plc will be registered at Companies House and the name change will therefore become effective later today.
Trading in the Company's ordinary shares under the new name of IG Design Group plc will commence with effect from 8:00am on Monday 27 June 2016. The TIDM (IGR.L), ISIN and SEDOL of the Company remain unchanged.
Commenting on the change of name, Paul Fineman, Chief Executive, said:
"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.
We have transformed from a gift packaging manufacturer and supplier, to a design focused multi-category business servicing the world's biggest retailers. Our business is a unique blend of creativity and reliability, focused on profit growth. Coming together as one group, with one common goal, not only makes sense for our business objectives, but sets us up as a stronger more cohesive group, one that is designed to succeed."
- Ends -
For further information, please contact:
International Greetings plc Tel: 01525 887 310
Paul Fineman, Chief Executive
Anthony Lawrinson, Chief Financial Officer
Cenkos Securities plc Tel: 0207 397 8900
Bobbie Hilliam
Redleaf Communications Tel: 0207 382 4730
Rebecca Sanders-Hewett igr@redleafpr.com
Sarah Fabietti-Dallison
Susie Hudson