TIDMDX.

RNS Number : 2688A

DX (Group) PLC

22 December 2017

AIM: DX.

DX (Group) plc

("DX" or the "Company")

Completion of Loan Note issue

DX, the independent parcels, mail and logistics operator, announces that following shareholder approval at the General Meeting on 15 December 2017 of the conditional conversion rights attaching to the Loan Notes issued by the Company, as announced on 9 October 2017, the issue of Tranche 2 Loan Notes, of GBP7.7m, has today been completed.

All Loan Notes, totalling GBP24m in aggregate across Tranche 1 and Tranche 2, and issued to certain of the Directors and key institutional shareholders, are now in issue and are capable of conversion at 10 pence per new DX share.

 
   DX (Group) plc                        T: 0333 241 1525 
   Zoe Pepper, General Counsel and 
    Company Secretary 
 
   Zeus Capital (Nominated Adviser       T: 020 3829 5000 
    to DX) 
   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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(END) Dow Jones Newswires

December 22, 2017 08:19 ET (13:19 GMT)

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