REG - Robinson PLC - Surplus Property Update

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RNS Number : 9112C  Robinson PLC  05 May 2026

 

Robinson
plc

5 May 2026

 

SURPLUS PROPERTY UPDATE

 

Robinson plc ("Robinson", the "Company" or the "Group"; stock code: RBN), the
custom manufacturer of plastic and paperboard packaging, is pleased to provide
an update on the status of the divestment of the Company's surplus properties.

 

In line with our Surplus Property Update on 7 August 2025 and most recently
described on 23 December 2025, the Company is pleased to announce the
completion of the sale of the Hipper House surplus property. Exchange of
contracts and completion took place simultaneously on 1 May 2026. The
consideration due on completion is £760,000 and the Company has committed to
pay future costs of up to £30,000. The net proceeds of £730,000 will be used
to reduce current bank debt. The property attracted rental income of £25,224
during 2025 and the book value was £316,519 at 31 December 2025.

 

The intention of the Group remains, over time, to realise value from the
disposal of surplus properties and use the proceeds to reduce indebtedness and
develop our packaging business.

 

For further information, please contact:

 

 Robinson plc                                   www.robinsonpackaging.com (http://www.robinsonpackaging.com)
 John Melia, CEO                                Tel: 01246 389280

 Mike Cusick, CFO

 Cavendish Capital Markets Limited
 Ed Frisby / Seamus Fricker, Corporate Finance  Tel: 020 7220 0500

 Ella Bedford, Corporate Broking

 

About Robinson:

 

Being a purpose-led business, Robinson specialises in custom packaging with
technical and value-added solutions for food and consumer product hygiene,
safety, protection, and convenience; going above and beyond to create a
sustainable future for our people and our planet. Its main activity is in
injection and blow moulded plastic packaging and rigid paperboard luxury
packaging, operating within the Food, Homecare, Personal care, and Luxury gift
sectors. Robinson provides products and services to major players in the
fast-moving consumer goods market including Bakkavor, British Pepper &
Spice, McBride, Persan, Procter & Gamble and Unilever.

 

Headquartered in Chesterfield, UK, Robinson has plants in the UK, Poland and
Denmark. Robinson was formerly a family business with its origins dating back
to 1839, currently employing nearly 400 people. The Group has an ongoing
disposal programme for its substantial surplus property portfolio with
development potential.

 

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