Directorate Change

RNS Number : 9650T

De La Rue PLC

20 December 2012

 

DE LA RUE PLC

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

De La Rue plc is pleased to announce the appointment of Andrew Stevens as a non-executive director of the Company with effect from 2 January 2013.

Mr Stevens has extensive international experience in the technology and engineering sectors, having spent over thirty years operating across the globe, including in North America, Europe, the Middle East and Asia. He was a director of Cobham plc between 2003 and 2012, where he held a range of positions, becoming Chief Executive in 2010 until stepping down from that role in June 2012.  Before that he held senior positions in Rolls-Royce, Messier Dowty International and Spirent plc.

Commenting on the appointment Philip Rogerson, Chairman of De La Rue plc said:

"Andrew Stevens brings with him valuable and highly relevant experience of working in many parts of the world where De La Rue does business. This, combined with his background in technology and engineering excellence, will enable him to make a significant contribution to the Board and the strategic direction of the Group."

There is nothing which is required to be disclosed under Listing Rule 9.6.13 in respect of Andrew Stevens.

- ends -

20 December 2012

Enquiries:

De La Rue plc		[phone]
Tim Cobbold	Chief Executive
Colin Child	Group Finance Director
Rob Hutchison	Group Director of Communications
Brunswick		[phone]
Jon Coles
Zoe Bird

Notes to editors:

As the world's largest integrated commercial banknote printer, De La Rue is a trusted partner of governments, central banks, issuing authorities and commercial organisations around the world. The Group has in recent years been involved in the design or production of over 150 national currencies. De La Rue also produces a wide range of security documents including passports, driving licences, authentication labels and tax stamps. In addition, the Group manufactures sophisticated, high speed cash sorting and inspection equipment. De La Rue also offers a range of specialist services and software solutions including government identity schemes, product authentication systems and cash management processing solutions. De La Rue employs approximately 4,000 people worldwide and is listed on the London Stock Exchange. For further information visit De La Rue's website at www.delarue.com

 

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