Re CMA review

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

 

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