Re CMA review

DX (Group)

RNS Number : 2117D
DX (Group) PLC
05 July 2016
 

 

 

 

 

 

AIM: DX.

DX (Group) plc

("DX" or "the Company")

 

Re: UK Competition and Market Authority's review

 

DX, a leading independent parcels, mail and logistics operator, announces that the UK Competition and Markets Authority ("CMA") is reviewing the Company's acquisition of the trade and assets of The Legal Post (Scotland) Limited and First Post Limited ("the review") and that, accordingly, CMA has served an initial enforcement order under section 72(2) of the Enterprise Act 2002 ("the order").

 

Having been informed of the review and the order, DX is now engaging in a consultation with CMA and will make a further announcement in due course.

 

 

Enquiries:

 

DX (Group) plc

 

 

 

 

Bob Holt, Chairman

 

M: 07778 798816

Petar Cvetkovic, Chief Executive Officer

 

T: 01753 631 624

Ian Pain, Chief Financial Officer

 

T: 01753 631 624

 

 

 

Zeus Capital (Nominated Advisor and Joint Broker)

 

T: 020 3829 5000

Nick How, Dan Bate, John Goold, Dominic King

 

 

 

 

 

Numis Securities (Joint Broker)

 

T: 020 7260 1314

Stuart Skinner, Toby Adcock

 

 

 

 

 

KTZ Communications

 

T: 020 3178 6378

Katie Tzouliadis, Viktoria Langley, Emma Pearson


This information is provided by RNS
The company news service from the London Stock Exchange
 
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