18th May 2016 07:27
LONDON (Alliance News) - Mail, parcels and logistics operator DX Group PLC said on Wednesday its planning application for the development of a new central hub in the West Midlands has not been approved.
DX Group said a local authority planning hearing was held on Tuesday night regarding the development of the central hub, but the planning application was not approved at the meeting.
DX Group said it will now consider its options, including an appeal against the decision, in consultation with its planning and property advisors.
Shares in DX Group were down 11% at 20.00 pence on Wednesday.
By Hannah Boland; [email protected]; @Hannaheboland
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