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UK smallcap opening - Business Direct up on 6-year order win


Published :
Tue, 08 Jan 2008 09:04
By : Agencies
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LONDON (Thomson Financial) - Logistics company Business Direct Group PLC ticked up 0-1/4 a penny to 3-1/4 pence as it won a six-year contract for 40 ParcelXchange virtual depots from DHL Same Day Ireland.

The operator of the ParcelXchange intelligent drop-box said it will initially supply 10 ParcelXchanges to be located in major towns and cities throughout Ireland, with the roll-out beginning in the first quarter of 2008.

Elsewhere, Speymill Group took on 3-1/2 pence to 50-1/2 pence after announcing it has a pipeline of other projects under negotiation after it postponed the arrangement to finance the development of a luxury residential tower in the Bel-Lago in the Nam Van reclamation area due to a delay in the process of applying for and receiving certain building permits.

tf.TFN-Europe_newsdesk@thomson.com

hmb/jag

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