21st Feb 2014 14:04
CANDOVER INVESTMENTS PLC - DisposalCANDOVER INVESTMENTS PLC - Disposal
PR Newswire
London, February 21
21 February 2014 DX to float on AIM from 27 February 2014 Candover Investments plc ("Candover") today announces that DX (Group) plc("DX") has successfully priced its initial public offering and the placing of200 million shares at 100p on AIM. On admission, DX is expected to have amarket capitalisation of £200 million. The flotation will result in a full exitfrom DX for Candover and the Candover 2005 Fund ("the 2005 Fund"). Candover will receive approximately £3.4 million in proceeds compared to its 30June 2013 valuation of £2.7 million. Ends. For further information, please contact: Candover Investments plc
Malcolm Fallen, CEO +44 20 7489 9848
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