UK 09:58 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
H.I.G. has ‘noted’ the announcement by DX Group (DX.) of a possible offer by it for DX at 48.5p per share and announced that it “has received letters of intent in support of the possible offer from Gatemore Capital Management LLP and Lloyd Dunn”, though also “there can be no certainty that an offer will ultimately be made even if the pre-conditions are satisfied or waived. A further statement will be made as and when appropriate”. So what now of a current 43p to sell DX share price?
DX Group (DX.) has announced “a possible all cash offer for the company at a price of 48.5 pence per DX share” from H.I.G. European Capital Partners. So what of the shares currently at 43p?
Parcel freight, secure courier and logistics services group DX (DX.) has confirmed that it has “received a claim from Tuffnell Parcels Express in relation to confidential competitor information being obtained by DX in the past. Matters referred to in the claim were subject to a corporate governance inquiry and investigation by DX, the conclusions of which were reported by the company in an announcement made on 20 September 2022. The group intends to defend its position robustly”. So what of a share price currently approaching 6% lower to 28p?
Parcel freight, secure courier and logistics services group DX (DX.) has issued an AGM update including that “trading to date remains in line, and that the pipeline of new business opportunities continues to be very healthy. The group remains in a strong financial position”. So what of a current share price response up to 27p?
Previously writing on parcel freight, secure courier and logistics services group DX (DX.), last month I noted following two years corporate governance shambles, a Chairman change EGM notice. So what now with results for its year ended 2nd July 2022?
Writing on parcel freight, secure courier and logistics services group DX (DX.), last week with the shares at 24p I questioned two years corporate governance shambles “concluded” and that with also it still very much having to prove its corporate governance “progress” and also still without a CEO, I continued to avoid. Now a 20% shareholder in the group has announced it has served notice to convene an EGM to vote down Executive Chairman Ron Series and replace him with Mark Hammond.
Parcel freight, secure courier and logistics services group DX (DX.) “is pleased to announce the restoration of the company's ordinary shares to trading”... and they have currently responded down 20% to 24p, so what’s the situation here now?
DX Group (DX.) has announced that an “investigation identified evidence that confidential competitor information was obtained over a period of time and that an isolated offer of payment (of de minimis financial amount) for such information had been made by employees”... but that still there was the internal “investigation being curtailed and information flows restricted. Insufficient disciplinary action was taken”! Shocking stuff...and now what’s the result?
