DXS INTERNATIONAL PLC
RESULT OF ANNUAL GENERAL MEETING
AND ENTITLEMENT OFFER
The Directors of DXS International plc are pleased to announce that at the Annual General Meeting held on 6th December all the Resolutions proposed were duly passed.
The Entitlement Offer of 3,100,000 Ordinary Shares at 12p per share has now closed with a total of over £262,470 subscribed by more than 60 shareholders. As a result 2,187,280 new Ordinary shares have been issued and these qualify for tax relief under the Enterprise Investment Scheme. Share certificates in respect of these shares will be issued by the Registrars shortly. Following this allotment the Company's issued share capital consists of 31,471,868 ordinary shares with a nominal value of 0.33p each.
The figure of 31,471,868 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
The Directors have decided that, given the level interest from prospective investors that are not currently shareholders, they will make the unsubscribed balance of the Entitlement Offer shares available to new investors for a short period ending 15th January 2014. These new Ordinary Shares will be allocated on a first come first served basis and documents are available from the Company's Corporate adviser City & Merchant.
The Directors of DXS International plc accept responsibility for this announcement.
Contact Information:
David Immelman
DXS International plc
Wrecclesham House
Wrecclesham
Farnham
GU10 4PS
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