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 […]
Connect Group has continued to enjoy growth in the first half of its trading year driven by its acquisition of Tuffnells Parcel Express in 2014.
Tuffnells Parcels Express sales have risen sharply with almost 300 new customers being brought on board since it was acquired in December by Connect Group.
DX Group has become the latest target of union GMB’s campaign against the ‘gig economy’.