19 June 2023
De La Rue plc
Directorate change
De La Rue plc (LSE: DLAR) ("De La Rue", the "Group" or the "Company") today announces that:
Margaret Rice-Jones
a Non-executive Director of the Company, has advised that she does not intend to seek re-election as a Director of the Company at the 2023 AGM, having reached the end of her initial three-year term. This will allow her to focus on the increasing time requirements of her other commitments.
The Nomination Committee has already initiated a recruitment process for a replacement Non-executive Director.
Margaret Rice-Jones commented:
"I have enjoyed working with the Board and staff of De La Rue. I have decided not to seek a further term as my other commitments are now demanding more of my time. It is therefore appropriate that the De La Rue Board seeks to resource itself with the capacity to support the business."
The Company's Chairman, Clive Whiley, commented:
"Margaret has made a significant contribution to De La Rue during her time with the Company, both as a member of the Board and as the Senior Independent Director. We are grateful for everything she has done and wish her well for the future."
Rob Harding
The Company's CFO, whose resignation was announced on 31 January 2023, will be leaving at the expiry of his notice period on Friday 28 July.
Enquiries
De La Rue plc |
+44 (0) 7990 337707 |
|
Clive Vacher |
Chief Executive Officer |
|
Rob Harding |
Chief Financial Officer |
|
Louise Rich |
Head of Investor Relations |
|
Brunswick |
+44 (0)207 404 5959 |
|
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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. ENDBOAUWOBROUUNARR
==