Brief: DX (Group) Says Received Non Binding Proposal From H.I.G. European Capital Partners

DX (Group)

11/09/2023 14:39

Sept 11 (Reuters) - DX (Group) PLC  DXDX.L :
    * DX (GROUP) PLC  - POSSIBLE OFFER
    * DX (GROUP) PLC - CONFIRMS THAT IT HAS RECEIVED A NON BINDING AND
CONDITIONAL
PROPOSAL FROM H.I.G. EUROPEAN CAPITAL PARTNERS LLP
    * DX (GROUP) PLC: PROPOSAL REGARDING A POSSIBLE ALL CASH OFFER FOR COMPANY
AT A
PRICE OF 48.5 PENCE PER DX SHARE
    * DX (GROUP) PLC - HAS AGREED TO PROVIDE H.I.G. WITH ACCESS TO CONFIRMATORY
DUE
DILIGENCE
    * DX (GROUP): PROPOSAL IS AT A VALUE THAT BOARD WOULD BE MINDED TO RECOMMEND
TO
SHAREHOLDERS, SHOULD FIRM INTENTION BE ANNOUNCED ON SUCH FINANCIAL TERMS

Source text for Eikon:  ID:nRSK0543Ma 
Further company coverage:  DXDX.L 

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