Further re recruitment of Chairman

De La Rue PLC

02 May 2023

 

2 May 2023

De La Rue plc

Update on the recruitment of the new Chairman

The Board of De La Rue would like to provide an update on the process to appoint a new Chairman, following the departure of Kevin Loosemore on 1 May 2023.

The Nomination Committee has been running a fast-track process, supported by a search firm. Interviews have taken place with a range of candidates who have come forward with the support of shareholders and partners, as well as from search activities. We are not yet at the stage of making a final appointment but are progressing candidates through the final stage of our process. These candidates have strong backgrounds in relevant situations.

We will provide a further update when an appointment is made. In the short period until appointment of a new Chairman, the Board has appointed Nick Bray as 'Interim Chairman'.

Enquiries

De La Rue plc		[phone]
Nick Bray		Interim Chairman
Margaret Rice-Jones		Senior Independent Director
Clive Vacher		CEO
Louise Rich		Head of Investor Relations
Brunswick		[phone]
Stuart Donnelly
Ed Brown

About De La Rue

De La Rue plc's purpose is to secure trust between people, businesses and governments. As a trusted partner of governments, central banks and commercial organisations seeking to secure their global supply chains and cash cycles, De La Rue provides highly secure physical and digital solutions that underpin the integrity of economies and trade.

De La Rue's Currency division provides market-leading end-to-end currency solutions, from finished banknotes to secure polymer substrate and banknote security features to over half the central banks and issuing authorities around the world.

Our Authentication division protects revenues and reputations through the provision of physical and digital solutions to governments and commercial organisations. We also manufacture ID security components.

At 25 March 2023, De La Rue had over 1,800 employees who work with organisations in more than 140 countries, leveraging the group's manufacturing facilities in the UK, US, Malta, Sri Lanka and Kenya.

De La Rue's shares are traded on the London Stock Exchange (LSE:DLAR). De La Rue plc's LEI code is 213800DH741LZWIJXP78.

For further information please visit www.delarue.com.

 

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