DX. Dx (group) Plc

TIDMDX.

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 GBP3.5m. The aggregate sale proceeds are GBP4.5m and the Property Transaction has resulted in the recognition of a GBP1.0m profit compared to book value.

Enquiries:

 
 
   DX (Group) plc 
   Bob Holt, Chairman                    M: 07778 798816 
 
   Zeus Capital (Financial Adviser       T: 020 3829 
    and Nominated Adviser to DX)          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

END

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September 29, 2017 07:21 ET (11:21 GMT)

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