A 90% plummet in DX Group’s share price has prompted its largest shareholder to call for the removal of two board members for their “inexcusable” performance. Gatemore Capital Management, which owns 11.3% of DX Group, has requested an EGM to discuss the removal of board chairman Bob Holt and non-executive director Paul Murray. It wants to see them replaced with four new board members, including Nightfreight co-founders Lloyd Dunn and Russell Black, and former Tuffnells CEO Ron Series. Gatemore said […]
The deal that would have see DX Group acquire Menzies Distribution has been called off, and a new board of directors is set to be installed at DX under the guidance of its largest shareholder – Gatemore Capital Management.
Kettering Borough Council has launched an investigation into a fatal accident at a Great Bear Distribution warehouse in Northamptonshire earlier this month.
Tuffnells Parcels Express MD Chris Ward is leaving the business following its integration within parent company Connect Group.