Appointment of Chief Financial Officer

RNS Number : 3581I

DX (Group) PLC

21 March 2018

 

21 March 2018

AIM: DX.

DX (Group) plc

("DX" or "the Company")

Appointment of Chief Financial Officer

DX, a leading provider of delivery solutions, including parcel freight, secure, courier and logistics services, is pleased to announce the appointment of David Mulligan, FCA, to the Board of Directors as Chief Financial Officer, with effect from 9 April 2018. James Hayward, the Company's interim CFO since July 2017, will remain with DX for a period in order to complete an orderly handover.

David has over 20 years of experience in senior financial positions in a number of listed companies. He was most recently CFO at Hornby plc, where he was involved in delivering the restructuring and turnaround of the business. The major part of his career was at Morgan Sindall Group plc, the construction and regeneration group, which he joined in 1997. He became CFO in 2004, a position he held until his departure in 2013. He was also Divisional Finance Director at Renewi plc (formerly Shanks Group), the international waste management business. 

David qualified as a chartered accountant with Ernst & Young in 1995. 

Ron Series, Chairman of DX, commented, 

"I am pleased to announce David's appointment as CFO. He has an impressive track record of working with companies undergoing change, and will be a valuable asset as we progress our plans to revitalise DX and place the business on a sound footing for long term growth."

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies ("AIM Rules"):

David Kevin Mulligan, aged 48 years, is or has been in the last five years a director of the following companies:

Current directorships

Executive FD Limited

Past directorships

Hornby plc

Hornby Hobbies Limited

H&M (Systems) Limited

Hornby Industries Limited

Hornby America Inc.

3SE (Barnsley, Doncaster & Rotherham) Holdings Limited

3SE (Barnsley, Doncaster & Rotherham) Limited

Renewi Argyll & Bute Holdings Limited

Renewi Argyll & Bute Limited

Renewi Cumbria Holdings Limited

Renewi Cumbria Limited

Wakefield Waste PFI Holdings Limited

Wakefield Waste PFI Limited

Shanks Chemical Services Limited

Wastecom Limited

Renewi PFI Investments Limited

Geohess (U.K.) Limited

Caird Evered Holdings Limited

Caird Evered Limited

Elwa Holdings Limited

Elwa Limited

Energen Biogas Limited

Estech Europe Limited

Resource Recovery Solutions (Derbyshire) Holdings Limited

Resource Recovery Solutions (Derbyshire) Limited

Safewaste Limited

Shanks Dumfries And Galloway Holdings Limited

Shanks Dumfries And Galloway Limited

Shanks Environmental Engineering Limited

Renewi UK Services Limited

Shanks Waste Operations Limited

Tass Environmental Technology Limited

Shanks RRS Limited

Renewi SRF Trading Limited

Mr Mulligan does not have any beneficial interest in the ordinary shares of the Company. 

There are no other disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules.

Enquiries:

DX (Group) plc
Ron Series, Chairman		T: 020 3178 6378
Lloyd Dunn, Chief Executive Officer
finnCap (Nominated Advisor and Broker)		T: 020 7220 0500
Matt Goode/Simon Hicks/Hannah Boros(Corporate Finance) Andrew Burdis/Camille Gochez (Corporate Broking)
KTZ Communications		T: 020 3178 6378
Katie Tzouliadis, Irene Bermont-Penn, Emma Pearson

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

 

END

 

 

BOAFKKDQOBKDQNB