Update on proposed West Midlands hub

RNS Number : 5672Y

DX (Group) PLC

18 May 2016

 

AIM: DX.

DX (Group) plc

("DX" or "the Company")

Update on the proposed West Midlands hub

The Board of DX announces that, at the local authority planning hearing held late last night regarding the development of the Company's proposed new central hub in the West Midlands, the planning application was not approved.    

The Board of DX will now consider its options, including an appeal against the decision, in consultation with its planning and property advisers.  A further announcement will be made in due course.

Enquiries:

DX (Group) plc
Bob Holt, Chairman	M: 07778 798816
Petar Cvetkovic, Chief Executive Officer	T: 01753 631 624
Ian Pain, Chief Financial Officer	T: 01753 631 624
Zeus Capital (Nominated Advisor and Joint Broker)	T: 020 3829 5000
Nick How, Dan Bate
John Goold, Dominic King
Numis Securities (Joint Broker)	T: 020 7260 1314
Stuart Skinner, Toby Adcock
KTZ Communications	T: 020 3178 6378
Katie Tzouliadis, Viktoria Langley, Emma Pearson

 

END

 

 

MSCAPMRTMBBBMAF