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Pin to quick picksDe La Rue Share News (DLAR)

Share Price Information for De La Rue (DLAR)

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Share Price: 98.00
Bid: 97.00
Ask: 98.20
Change: -2.00 (-2.00%)
Spread: 1.20 (1.237%)
Open: 99.00
High: 99.40
Low: 97.00
Prev. Close: 100.00
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SMALL-CAP WINNERS & LOSERS: De La Rue chair resigns after pressure

Mon, 17th Apr 2023 10:23

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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SMALL-CAP - WINNERS

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De La Rue PLC, up 7.9% at 43.15 pence, 12-month range 33p-118.8p. The stock bounces off recent lows. The security printed products maker said late Friday that Chair Kevin Loosemore has resigned to "draw a line under recent speculation surrounding the leadership of the company". He will leave on May 1. The firm has launched an "accelerated" search for his replacement, with the aim of appointing a new non-executive chair on May 2. Pepyn Dinandt, who has been nominated by shareholder Crystal Amber Fund Ltd and has indicated his willingness to be chair, will be a candidate in this process, De La Rue says. Loosemore has faced several calls to be removed from the board in recent months from Crystal Amber Fund, which has publicly criticised the firm for various alleged failures in governance and management.

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888 Holdings PLC, rise 2.4% at 76.50p, 12-month range 50.5p-220p. The gambling company's chair, Jon Mendelhson, buys 100,000 shares at 68.4p each, worth GBP68,4000 on Friday. Shares in the Gibraltar-based online betting and gaming company added 20% on Friday, after it said annual revenue was GBP1.24 billion in 2022, up 74% from GBP712.3 million in 2021, but it swung to a pretax loss of GBP115.7 million from a profit of GBP56.0 million, due to exceptional costs and adjusting items of GBP184.8 million. However, adjusted earnings before interest, tax, depreciation and amortisation amounted to GBP217.9 million, up from GBP119.7 million. Looking ahead, 888 said it expects 2023 revenue to be lower than 2022 by a low to mid-single-digit percentage, but adjusted Ebitda to be higher.

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SMALL-CAP - LOSERS

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Superdry PLC, down 1.4% at 87.7p, 12-month range 82.6p-184.4p. The clothing retailer extends Friday's losses, when it shed 17%. It withdrew its existing guidance of "broadly breakeven" adjusted pretax profit in the year ending April 30, compared to a profit of GBP21.9 million in financial 2022. This was, in part, due to retail sales in February and March, which were below its expectations

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By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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20 Jan 2023 10:57

CORRECT: SMALL-CAP WINNERS & LOSERS: Seraphine soars on takeover offer

(Correcting that TheWorksco.uk's like-for-like online sales in the 11 weeks to January 15 declined by 14.0%, not 15.0%).

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20 Jan 2023 10:14

De La Rue suffers on production halt in Kenya and litigation in India

(Alliance News) - De La Rue PLC on Friday assured investors of business opportunities in Kenya and elsewhere, after suspending its printing operations in the East African country on reduced orders.

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20 Jan 2023 10:02

SMALL-CAP WINNERS & LOSERS: Seraphine soars on takeover offer

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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20 Jan 2023 09:02

LONDON MARKET OPEN: FTSE 100 lifted by commodities despite UK gloom

(Alliance News) - Stock prices in London opened higher on Friday morning, despite UK retail sales unexpectedly falling in December and consumer confidence dropping to a historic low, with miners and oil companies again providing a much-needed lift to the FTSE 100.

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20 Jan 2023 07:55

De La Rue suspends Kenya operations, implicated in India probe

(Sharecast News) - De La Rue said on Friday that it has suspended banknote printing in Kenya and that the company is implicated in an investigation into the former finance secretary of India.

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2 Dec 2022 21:59

Crystal Amber says De La Rue must look to "industry consolidation"

(Alliance News) - De La Rue PLC should be open to being an M&A object, a major shareholder said on Friday after once again hitting out at the banknote printer's chair.

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28 Nov 2022 11:09

De La Rue chair secures backing proxy agencies

(Sharecast News) - The under-pressure chair of De La Rue has won the backing of three proxy agencies, it was reported on Monday, ahead of a vote to remove him from the board.

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25 Nov 2022 15:44

UK shareholder meetings calendar - next 7 days

Monday 28 November 
Crown Place VCT PLCAGM
European Smaller Cos Trust PLCAGM
JPMorgan Global Emerging Markets Income Trust PLCAGM
PRS REIT PLCAGM
Psych Capital PLCAGM
Seeing Machines LtdAGM
Tuesday 29 November 
Aura Energy LtdAGM
Bluefield Solar Income Fund LtdAGM
Castillo Copper LtdAGM
Challenger Energy Group PLCAGM
CT Property Trust LtdAGM
Duke Royalty LtdAGM
Esken LtdEGM re borrowings approval
Mosman Oil & Gas LtdAGM
Wednesday 30 November 
abrdn Asia Focus PLCAGM
Atlantic Lithium LtdAGM
Chamberlin PLCAGM
Coral Products PLCGM re proposed cancellation of share premium account
Dunelm Group PLCAGM
Ferguson PLCAGM
Gabelli Merger Plus+ Trust PLCAGM
Grit Real Estate Income Group LtdAGM
Leeds Group PLCAGM
Life Science REIT PLCGM re issue of the new ordinary shares 
MC Mining LtdAGM
Pires Investments PLCAGM
Renishaw PLCAGM
Thursday 1 December 
Aptamer Group PLCAGM
Bowleven PLCAGM
CQS New City High Yield Fund LtdAGM
essensys PLCAGM
James Halstead PLCAGM
Kin & Carta PLCAGM
Transense Technologies PLCAGM
Vast Resources PLCAGM
Virgin Wines UK PLCAGM
Friday 2 December 
De La Rue PLCGM re company chairman resignation
Global Petroleum LtdAGM
Highbridge Tactical Credit Fund LtdAGM
Orosur Mining IncAGM
Revolution Bars Group PLCAGM
Ruffer Investment Co LtdAGM
Schroder BSC Social Impact Trust PLCAGM
SLF Realisation Fund LtdAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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23 Nov 2022 17:06

LONDON MARKET CLOSE: Sterling pushes higher ahead of Fed minutes

(Alliance News) - Stocks in London closed in the green on Wednesday as investors look eagerly to the Federal Open Market Committee minutes out later this evening.

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23 Nov 2022 10:41

SMALL-CAP WINNERS & LOSERS: De La Rue plunges on swing to interim loss

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

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23 Nov 2022 10:40

De La Rue swings to half-year loss led by currency revenue decline

(Alliance News) - De La Rue PLC on Wednesday said it swung to a pretax loss in a "challenging" half year, largely due to a decline in currency revenue.

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23 Nov 2022 10:09

LONDON BROKER RATINGS: Numis cuts De La Rue; BoA raises Severn Trent

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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23 Nov 2022 09:04

LONDON MARKET OPEN: FTSE 100 outperforms thanks to miners, oil stocks

(Alliance News) - Stock prices in London were mixed at the market open on Wednesday, with the FTSE 100 index outperforming thanks oil and mining stocks, as investors looked ahead to the release of the US Federal Reserve minutes.

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23 Nov 2022 07:53

LONDON BRIEFING: United Utilities profit rises despite revenue fall

(Alliance News) - Stocks in London were called slightly higher on Wednesday, on a busy day for economic indicators and central bank tea-leaf reading before the US shuts for a holiday.

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23 Nov 2022 07:10

De La Rue warns on profits, shares slide

(Sharecast News) - Banknote printer De La Rue warned on Wednesday that full-year profits would miss consensus expectations as it said it swung to a half-year loss.

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