The Board of DX announces that Chief Executive Officer, Lloyd Dunn, has resigned from his position and as a Director of the Company. His resignation takes effect from today's date.
Faeries, elves, centaurs, wizards, dragons. In its purest form, fantasy is one of the most ancient literary genres, and fantastical elements can be found in myths and folktales around the world. It is in fantasy that humankind encapsulated its need for escapism and wonder for the unknown. Despite the fantastical elements in those tales, fantasy in the form we all know differs and is much more recent. It has evolved in a more self-conscious way, encouraging individual interpretations of novelised narratives based in complex worlds. One of the most popular subgenres is what is known as “medieval fantasy” and is recognisable by its influences from the medieval European period, typically from western Europe. These influences include resemblances to western medieval monarchy, feudal system, warfare, and social structure, which are often permeated with a blend of magic and European folklore. But why is this Medieval European setting so common in modern fantasy?
DX, a leading provider of delivery solutions, including parcel freight, secure courier, 2-Man and logistics services, reports an amendment (the Amendment ) to the Company s Performance Share Plan ( PSP ) established in December 2017 for directors and certain senior management of the Company ( Participants ). The Amendment aims to retain the 38 Participants in the PSP for a further four years from the first vesting date of December 2021 by amending the PSP agreement so as to introduce a further three-year period of retention (the Retention Period ) for each tranche of Recovery Awards following their anticipated vesting in December 2021 and December 2022. In consideration of this Retention Period, the Company will pay the Employers National Insurance Contribution ( NIC ) liability for a share price up to 40p and not seek reimbursement as required under the current arrangements. The maximum amount payable by the Company pursuant to this