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Re: Property Transaction

29 Sep 2017 12:21

RNS Number : 2690S
DX (Group) PLC
29 September 2017
 

 

29 September 2017

AIM: DX.

DX (Group) plc

("DX" or "the Company")

 

Re: Property Transaction

Further to DX's announcement of 22 September 2017 reporting the sale and leaseback of certain freehold properties (the "Properties") with ChanceryGate (Livingston) ("the Property Transaction"), the Company is pleased to announce the completion of the Property Transaction today. In addition, it now reports that the aggregate book value of the Properties is £3.5m. The aggregate sale proceeds are £4.5m and the Property Transaction has resulted in the recognition of a £1.0m profit compared to book value. 

 

Enquiries:

 

 

 

DX (Group) plc

 

 

Bob Holt, Chairman

 

M: 07778 798816

 

 

 

Zeus Capital (Financial Adviser and Nominated Adviser to DX)

 

T: 020 3829 5000

Nick How, Giles Balleny (Corporate Finance)

 

 

Dominic King (Corporate Broking)

 

 

 

 

 

KTZ Communications

 

T: 020 3178 6378

Katie Tzouliadis

 

 

Irene Bermont-Penn

 

 

Emma Pearson

 

 

 

 

 

 

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