Our letter to the board of DX Group
We are withdrawing our EGM requisition dated 17 March 2017.
The untimely announcement of discussions between DX and John Menzies plc (“Menzies”) has fostered confusion over the purpose of the EGM. Our EGM proposals were brought to address the urgent need for effective leadership and to improve the governance standards of a suboptimal board structure. Our proposals were not designed to act as a referendum on an ill-conceived transaction that has been negotiated from a position of weakness.
Full version of this document is available to download here.