Maker of tabletop fantasy to enter index after surge in value
Games Workshop, maker of the hit tabletop fantasy Warhammer, has battled its way to the gates of the FTSE 100 three decades after listing on the London stock market. The company, whose hundreds of stores worldwide serve legions of fans of its complex games, is expected to replace value retailer B&M, Mike Ashley’s Frasers Group or homebuilder Vistry when the index’s latest reshuffle is announced on Wednesday.
“When or if it does come, we don’t see it as a core driver, it could be an accelerator but there is a lot of potential in North America and in Asia for the core business without it.” Games Workshop was founded in 1975 by friends John Peake, Steve Jackson and Ian Livingstone, who sold handmade wooden games from their homes in London. It grew as a mail-order business for fantasy games and opened its first store in 1978. The founders are no longer involved in the business.
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