Completion of Loan Note issue

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 £7.7m, has today been completed. 

All Loan Notes, totalling £24m 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 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

 

END

 

 

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