Trading in DX shares resumes
DX has announced that trading in the company’s shares resumed today (21 August).
The suspension of the Shares followed a request from DX pending the outcome of its discussions with the Board of John Menzies to combine DX with John Menzies’ Distribution division.
As previously reported, these discussions came to an end earlier this month and the DX Board is now looking to develop the business on a standalone basis.
In a statement issued today (21 August), DX said its full year results for the year ended 30 June are currently expected to be announced in early Q4 and They will include the aborted costs of the transaction.
DX added: “The Company continues its discussions with Ron Series on his anticipated appointment as Chairman and it is expected that this appointment will be confirmed in the near term.
“The appointments to the board of Messrs Black, Dunn and Goodson are expected to follow shortly after that of Ron Series. Further announcements will made in due course as appropriate.”
