AGM Statement

RNS Number : 6419G

De La Rue PLC

25 July 2019

 

DE LA RUE PLC

2019 AGM Statement

25 July 2019

At De La Rue plc's ("De La Rue" or "the Group") Annual General Meeting to be held today, Philip Rogerson, Chairman of De La Rue, will make the following statement.

Trading and outlook

The Board's expectations for 2019/20 remain unchanged from the full year results statement issued on 30 May 2019.

Based on our expectations from Product Authentication & Traceability (PA&T) and the planned timings of cost cutting initiatives, the Group's performance is expected to be heavily weighted towards the second half of the year.

Dividend

Subject to shareholder approval at today's AGM, the proposed final dividend for the year ended 30 March 2019 of 16.7p per share will be paid on 2 August 2019 to shareholders on the register on 5 July 2019. This, together with the 8.3p per share paid in January 2019, represents a full year dividend of 25.0p per share.

De La Rue plc's LEI code is 213800DH741LZWIJXP78.

Enquiries:

De La Rue plc   01256 605322

Paul Sharma   Head of Investor Relations

Brunswick Group LLP [phone]

Azadeh Varzi

Stuart Donnelly

 

END

 

 

AGMDGGDRLBDBGCS