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Response to media article

13 Feb 2023 07:00

RNS Number : 6476P
DX (Group) PLC
13 February 2023
 

AIM: DX.

DX (Group) plc

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

 

Response to media article

 

DX, the provider of delivery solutions, including parcel freight, secure courier and logistics services, notes an article published by The Sunday Times on the weekend of 11/12 February 2023, titled, "The driver, the logistics firm and the 'espionage'".

 

The Group confirms that on Friday, 10 February 2023, it received a claim from Tuffnell Parcels Express in relation to confidential competitor information being obtained by DX in the past. Matters referred to in the claim were subject to a corporate governance inquiry and investigation by DX, the conclusions of which were reported by the Company in an announcement made on 20 September 2022. The Group intends to defend its position robustly and will respond to the claim in due course.

 

As matters are now subject to legal proceedings, the Company will not provide further comment until the appropriate time.

 

Enquiries:

DX (Group) plc

T: 020 3178 6378 (c/o KTZ

Mark Hammond, Chairman

 Communications)

Paul Ibbetson, Chief Executive Officer

David Mulligan, Chief Financial Officer

finnCap (Nominated Adviser and Joint Broker to DX)

T: 020 7220 0500

Matt Goode/Simon Hicks (Corporate Finance)

Andrew Burdis/Charlotte Sutcliffe (ECM)

 

Liberum (Joint broker to DX)

T: 020 3100 2000

Nick How/William Hall

KTZ Communications

T: 020 3178 6378

Katie Tzouliadis/Robert Morton/Dan Mahoney

 

 

About DX (Group) plc:

 

DX is a well-established provider of a wide range of delivery services to both business and residential addresses across the UK and Ireland. First established in 1975 as a Document Exchange service to the legal sector, DX now provides one of the widest ranges of overnight delivery services in the market, as well as logistics services. Items that DX transports range from confidential documents and valuable packages to large, awkward-to-handle freight, unsuitable for automated conveyor.

 

DX Freight: comprises DX 1-Man, DX 2-Man and Logistics. The Division specialises in the delivery of irregular dimension and weight freight ("IDW").

 

DX Express: comprises DX Parcels and DX Exchange and Mail. The Division specialises in the express delivery of parcels and documents.

 

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Date   Source Headline
13th Sep 202311:39 amRNSForm 8.3 - DX Group PLC
13th Sep 202310:31 amRNSForm 8.5 (EPT/RI) - DX (Group) plc
13th Sep 20239:35 amRNSForm 8.5 (EPT/RI)
13th Sep 20237:44 amRNSForm 8.5 (EPT/RI)
12th Sep 20234:47 pmGNWForm 8.3 - DX (Group) plc
12th Sep 20234:42 pmRNSForm 8.3 - DX Group Plc
12th Sep 20234:08 pmRNSForm 8.3 - DX Group Plc
12th Sep 20233:56 pmRNSForm 8.5 (EPT/RI)
12th Sep 20232:09 pmRNSForm 8.3 - DX Group PLC
12th Sep 20232:02 pmGNWForm 8.3 - [DX (Group) plc - Opening Declaration - 11 09 2023] - (CGAML)
12th Sep 202312:20 pmRNSForm 8.3 - DX Group PLC
12th Sep 202312:03 pmRNSGatemore supports offer from HIG for DX Group
12th Sep 20239:37 amRNSPOSSIBLE OFFER FOR DX GROUP PLC
12th Sep 20239:24 amRNSForm 8.5 (EPT/RI)
12th Sep 20239:10 amPRNForm 8.3 - DX (Group) plc
12th Sep 20239:05 amRNSForm 8.5 (EPT/RI)
11th Sep 20232:36 pmRNSPossible Offer
11th Sep 20237:00 amRNSOpening of new regional hub in Haydock
21st Aug 20237:00 amRNSNew Depot Opening in Norwich
14th Aug 20237:00 amRNSAppointment of Joint Broker
9th Aug 20234:25 pmRNSHolding(s) in Company
8th Aug 20237:00 amRNSFirst former Tuffnells site opened
3rd Aug 20232:07 pmRNSIssue of Equity and Total Voting Rights
18th Jul 20237:00 amRNSTrading Update
11th Jul 20237:00 amRNSOpening of Deeside Depot
29th Jun 20237:00 amRNSAgreement regarding Tuffnells sites
28th Jun 20237:00 amRNSMajor investment in electric vehicles
14th Jun 20237:00 amRNSDevelopment of a New Regional Hub
7th Jun 20237:00 amRNSSettlement of Claim
18th May 20237:00 amRNSHolding(s) in Company
12th May 20237:00 amRNSChange of Adviser
24th Apr 20237:00 amRNSExpansion of Depot Network
6th Apr 202312:29 pmRNSGrant of share award and PDMR notification
3rd Apr 20234:25 pmRNSGrant of SAYE Options
27th Mar 20237:00 amRNSNew hub and new depot opened
13th Mar 20237:00 amRNSNew Depot Openings
8th Mar 20238:03 amRNSGrant of share awards and PDMR shareholding
27th Feb 20237:00 amRNSInterim Results
13th Feb 20237:00 amRNSNotice of Interim Results
13th Feb 20237:00 amRNSResponse to media article
9th Feb 20238:00 amRNSDX Freight Appointments
7th Feb 20232:12 pmRNSIssue of Equity and Total Voting Rights
31st Jan 202311:41 amRNSHolding(s) in Company
31st Jan 20237:00 amRNSAppointment of CEO
31st Jan 20237:00 amRNSTrading Update
18th Jan 20238:07 amRNSTR1 Notification
13th Jan 20232:49 pmRNSHolding(s) in Company
12th Jan 20232:25 pmRNSIssue of Equity and Total Voting Rights
6th Jan 20238:00 amRNSDirector/PDMR Shareholdings
15th Dec 202210:36 amRNSResult of AGM

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