Design Group Regulatory News (IGR)

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, THE REPUBLIC OF IRELAND, SWITZERLAND, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

11 February 2020

IG Design Group plc

("Design Group", the "Company" or the "Group")

Result of General Meeting

IG Design Group plc, one of the world's leading designers, innovators and manufacturers of celebrations, gifting, stationery and creative play products, announces that, at the General Meeting held at 1.00 p.m. today, all resolutions were duly passed. Accordingly, it is expected that Admission will become effective and dealings in the Second Tranche Placing Shares will commence at 8.00 a.m. on 12 February 2020.

Issue of Equity, Admissions and Total Voting Rights

A total of 17,291,067 New Ordinary Shares are being issued and allotted pursuant to the Placing, comprising of 7,887,347 First Tranche Placing Shares that were admitted to trading at 8.00 a.m. on 24 January 2020 and 9,403,720 Second Tranche Placing Shares that are expected to be admitted to trading at 8.00 a.m. on 12 February 2020. The Placing Shares are being credited as fully paid and will be identical to and rank pari passu in all respects with the existing Ordinary Shares.

Following Admission of the Second Tranche Placing Shares, the issued share capital of the Company will consist of 96,366,796 Ordinary Shares, with one voting right each. The Company does not hold any Ordinary Shares in treasury.

The above figures may be used by Shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Further details of the Second Tranche Placing can be found in the announcement published by the Company at 4.35 p.m. (UK) on 20 January 2020 regarding the proposed Bookbuild and the circular posted to shareholders on 21 January 2020, which are available to view on the Company's website at www.thedesigngroup.com/investors/reports-presentations.

The terms used but not defined in this Announcement have the meaning given to them in the announcement published by the Company on 20 January 2020 regarding the proposed Bookbuild, unless otherwise stated.

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About IG Design Group plc

IG Design Group plc, the largest consumer gift packaging business in the world, is a designer, innovator and manufacturer of products that help people celebrate life's special occasions. Design Group works with more than 11,000 customers in over 80 countries throughout the UK, Europe, Australia and the USA. Its products are found in over 210,000 retail outlets, including several of the world's biggest retailers, for example Walmart, Target, Amazon, Costco, Lidl and Aldi. Its brand, Tom Smith, also holds the Royal Warrant for the supply of Christmas crackers and Christmas wrapping paper to the Royal family. Design Group is a diverse business operating across multiple regions, categories, seasons and brands. Its four major product categories are: Celebrations, Stationery and Creative Play, Gifting, and Not-for-resale consumables. It offers customers a full end-to-end service from design through to distribution, offering both branded and bespoke products from the value-focused through to the higher-margin ends of the market. The acquisition of Impact Innovations Inc. has significantly increased the scale of the Group and added to the Celebrations category with seasonal home décor product range providing a further opportunity for growth. The Company was admitted to the Alternative Investment Market of the London Stock Exchange in 1995 under the name 'International Greetings plc' and rebranded to IG Design Group plc in 2016. For further information please visit www.thedesigngroup.com.