StockMarketWire.com - DX (Group) is under investigation by the City of London Police economic crime directorate following an allegation against the company.

The company said this had resulted in the start of a preliminary investigation centred on the DX Exchange operations.

The group said: "The investigation is at a very early stage.

"The board of DX received the details of the allegation on 7 June 2017 and is co-operating fully with the City of London Police."

Separately, the board of John Menzies noted DX's announcement. It said it was considering its position and would make a further announcement as and when appropriate.

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