DX Group

("DX" or "the Group")

Opens New £12m Flagship Regional Hub and Depot in Stanton by Dale - Derbyshire

DX, a leading provider of delivery solutions, including parcel freight, secure courier, 2-person and logistics services, is pleased to announce the completion and opening of its new multi-million-pound Regional Hub and Depot in Stanton by Dale, Derbyshire. The new Regional Hub and Depot has been in development for 18 months after detailed planning permission was secured and significantly increases the Group's capacity in the East Midlands region. This opening is in line with DX's programme to continue to scale its capacity and develop its depot network.

The new Regional Hub and Depot is located on a 4.47acre site on the New Stanton Park, near Ilkeston. It is situated close to the M1 junction 25, providing it with excellent transport links both within the East Midlands region and beyond. The site comprises a 20,500 sq ft purpose-built freight depot equipped with a raised dock mechanisation and has capacity for 40 trailers. Importantly, it also incorporates the latest technology to reduce carbon emissions.

The new Hub and Depot support the Group's Freight activities, which specialise in parcel freight and in particular awkward-to-handle freight (irregular dimension and weight ("IDW")) items. The new Depot replaces a smaller depot and, together with the Hub, will improve operational efficiencies in the region, reduce carbon emissions and enhance customer services levels, a key focus for the Group.

The flagship site reflects the business' commitment to its goal of Net Zero by 2050. It is fitted with a 45 kWp solar array to the roof, which is expected to generate an estimated 34 mWh of renewable energy and eliminate 9.4 tCO2e per annum. The site's remaining energy requirements will be provided by a renewable REGO-backed electricity supply. The new Regional Hub and Depot also benefits from LED lighting throughout the building, including LUX/PIR sensors, and external lighting with built-in solar panels, which charge during the day, whilst large skylights flood the warehouse with natural light during daylight hours. EV charging points have been installed to support the transition to electric vehicles/plug-in hybrid electric vehicles (EV/PHEV), and a rainwater attenuation tank has been fitted to minimise any pressure on the drainage network.

Paul Ibbetson, Chief Executive Officer of DX Group, commented:

"We are delighted to open our new DX Freight Regional Hub and Depot in Derbyshire, which incorporates some of the latest available technology to reduce carbon emissions. The new site is part of our continuing expansion of the business representing a £12m investment and forms a central element of the Board's wider three-year investment programme aimed at supporting continued growth. The new Depot will enhance our position in the East Midlands, increasing the capacity and capability of our Freight operation. It will also deliver further efficiencies to our operations and provide enhanced local customer service benefits, a priority for the Group.

"Enlarging and improving the depot network underpins the continued successful delivery of our growth plans over the short to medium term, and we look forward to reporting on further openings over the coming months."

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About DX Group:

DX is a well-established provider of a wide range of delivery services to both business and residential addresses across the UK and Ireland. First established in 1975 as a Document Exchange service to the legal sector, DX now provides one of the widest ranges of overnight delivery services in the market, as well as logistics services. Items that DX transports range from confidential documents and valuable packages to large, awkward-to-handle freight, unsuitable for automated conveyor.

The Group operates through two divisions, DX Freight and DX Express.

·      DX Freight comprises DX-1, DX-2 and Logistics, with the Division being only one of a small number of operators that provides an overnight delivery service for irregular dimension and weight freight ("IDW").

·     DX Express comprises DX Parcels and DX Exchange and Mail, with the Division specialising in the express delivery, including pre-9am, of parcels and documents.