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Launch of electric fleet for Lonon eliveries

17 Oct 2022 07:00

RNS Number : 0149D DX (Group) PLC 17 October 2022 160

AIM: DX.

DX (Group) plc

("DX" or "the Group" or "the Company")

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A leaing provier of elivery solutions, incluing parcel freight, secure courier, an logistics services

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DX launches electric vehicles for Lonon parcel eliveries

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DX, the provier of elivery solutions, incluing parcel freight, secure courier, an logistics services, is please to announce that its DX Express ivision has launche a strategic initiative with Silva Brothers Limite ("SBL") that will initiate the use of electric vehicles for its Lonon parcel eliveries.

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DX Express has worke with SBL as one of its 'final-mile' elivery partners for parcels since 2021, an this electrification programme marks an evolution of this strong working relationship.

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The first phase has launche with an initial 20 electric vehicles, liverie with DX braning, for use in Central Lonon. The electric vehicles will provie support for DX Express's growing Parcels operation, which provies secure, next-ay eliveries supporte by localise customer service. The initial electric fleet is anticipate to eliver approximately 70,000 parcels in its first full year of operation.

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The Lonon initiative is the latest step in the Group's plans to increase the use of electric vehicles within its overall fleet. It follows DX's recent announcement that it is acquiring a fleet of electric vehicles for its DX Freight ivision to use in its elivery an logistics partnership with IKEA.

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DX Express is focuse on significantly increasing its Parcels activity. Its plans are being supporte by the Group's secon major investment programme, which will invest 16320-2m over three years across the Group, in sites, aitional parcel-hanling equipment, an IT systems.

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Martin Illige, Managing Director of DX Express, commente:

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"We are elighte to have launche our first electric vans for our Parcels operation business with Silva Brothers Limite, one of our key final-mile partners in Lonon. The growth of the Parcels service is a major focus for the DX Express ivision, an we are now please to offer our customers this more environmentally-frienly approach to our highly secure, next-ay elivery service."

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Joelle Silva, CEO of Silva Brothers Limite, commente:

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"This fleet electrification programme is a sign of our growing partnership with DX Express in Lonon. We are very please to be playing our part in reucing carbon emissions in the capital while continuing to provie a compelling service proposition."

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Enquiries:

DX (Group) plc

T: 020 3178 6378 (c/o KTZ

www.xelivery.com

Communications)

Martin Illige, Managing Director of DX Express

Davi Mulligan, Chief Financial Officer

KTZ Communications

T: 020 3178 6378

Katie Tzouliais/Dan Mahoney

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NOTES TO EDITORS:

About DX (Group) plc

www.xelivery.com

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DX is a well-establishe provier of a wie range of elivery services to both business an resiential aresses across the UK an Irelan. Establishe in 197 as a Document Exchange service to the legal sector, DX now provies one of the wiest ranges of overnight elivery services in the market, as well as comprehensive logistics services. The business transports items ranging from confiential ocuments to large, awkwar-to-hanle freight that is unsuitable for stanar conveyors.

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In its last financial year, DX launche a secon major capital investment programme, which has just complete its first year. The three-year programme will see between 16320 million an 1632 million investe in the Group to support growth plans. The funs are mainly being use to increase the Group's epot network, expan its parcel-hanling equipment an to enhance IT systems.

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This information is provie by Reach, the non-regulatory press release istribution service of RNS, part of the Lonon Stock Exchange. Terms an conitions relating to the use an istribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.Reach is a non-regulatory news service. By using this service an issuer is confirming that the information containe within this announcement is of a non-regulatory nature. Reach announcements are ientifie with an orange label an the wor 8220Reach8221 in the source column of the News Explorer pages of Lonon Stock Exchange8217s website so that they are istinguishe from the RNS UK regulatory service. Other venors subscribing for Reach press releases may use a ifferent metho to istinguish Reach announcements from UK regulatory news.RNS may use your IP aress to confirm compliance with the terms an conitions, to analyse how you engage with the information containe in this communication, an to share such analysis on an anonymise basis with others as part of our commercial services. For further information about how RNS an the Lonon Stock Exchange use the personal ata you provie us, please see our Privacy Policy.160 END160160NRAMIBBTMTABTBT
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