DXS International plc
Shares admitted to trading on the GXG Stock Exchange
DXS International plc ("DXS" or "the Company") is pleased to announce that its shares will be admitted to trading on the GXG Markets UK Multilateral trading facility with effect from 30th July 2012.
The Directors have been concerned by recent events at PLUS Markets and remain uncertain as to its future direction under the ownership of ICAP. In order to ensure that there is no interruption to the trading of DXS's shares, the Company's shares may now be traded on both PLUS Markets and from 30th July 2012 on GXG (DXSP).
About the GXG Exchange
GXG Markets operates an European Regulated Market and Multilateral Trading Facility ("MTF"). All shares trading on GXG Markets takes place through GXG's proprietary electronic trading platform that provides regulated brokers with direct market access so that brokers can:
see the order book for each security, for both the prices and volumes available;
place orders to buy and sell at prices and volumes that suit their investors, and
report trades that have been agreed with their clients.
The directors believe that by providing direct market access, GXG Markets offer a more transparent trading model with prices set by the last traded price rather than by a market maker. This, they believe, delivers faster trade reporting and eliminates spreads between the price a buyer pays and the price a seller obtains.
The Directors of DXS International plc accept responsibility for this announcement.
For further information on this announcement please contact:
Contact Information:
David Immelman
Unit 6a, Abbey Business Park,
Monks Walk, Farnham,
Surrey
GU9 8HT
Tel: 01252 719800
Website: www.dxs-systems.com
Corporate Adviser:
David Papworth
City & Merchant Limited,
Salisbury House,
29 Finsbury Circus,
London
EC2M 5QQ
Tel: 020 7101 7676