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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: 99.60
Bid: 98.00
Ask: 99.80
Change: 0.60 (0.61%)
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Open: 99.60
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TIMELINE-From Libya to China, banknote printer De La Rue's 200-year history

Tue, 26th Nov 2019 14:05

Nov 26 (Reuters) - British banknote printer De La Rue
, whose roots stretch back nearly 200 years, on Tuesday
warned its future was in doubt, wiping almost a quarter off the
company's value.

From printing cash during World War Two to developing the
world's first cash machine, here are some of the milestones in
the company's history:

OCTOBER 2019

London-listed De La Rue cut its profit forecast for the
second time in five months days after appointing turnaround
specialist Clive Vacher as CEO.

JULY 2019

UK Serious Fraud Office opened a criminal investigation over
"suspected corruption" in South Sudan, where De La Rue had won a
contract to print the country's currency.

MAY 2019

De La Rue warned of a profit downturn this year and said its
CEO Martin Sutherland would step down, triggering a 29% fall in
shares.

MAY 2018

Activist investor Crystal Amber said https://in.reuters.com/article/us-de-la-rue-activist/activist-crystal-amber-says-de-la-rue-vulnerable-to-takeover-idINKBN1I243A
the company was "highly vulnerable" to a takeover.

MARCH 2018

Company lost https://in.reuters.com/article/britain-eu-passport/sacre-bleu-new-post-brexit-british-passport-to-be-made-by-franco-dutch-firm-idINKBN1GY10N
a contract to make new blue British passports after Brexit to
Franco-Dutch firm Gemalto.

NOVEMBER 2011

Company won https://www.reuters.com/article/delarue/update-2-de-la-rue-profit-lifted-by-south-sudan-deal-idUSL5E7MM0KG20111122
a contract to supply currency to newly independent South Sudan.

SEPTEMBER 2011

Britain's air force delivered https://uk.reuters.com/article/uk-libya-britain-cash/dinars-from-heaven-as-britain-flies-banknotes-to-libya-idUKTRE77U4OR20110901
40 tonnes of Libyan dinars, printed by the company, to the
country's new rulers following the overthrow of Muammar Gaddafi.

JAN 2011

France's Oberthur Technologies walked https://www.reuters.com/article/delarue-oberthur/update-3-oberthur-walks-away-from-de-la-rue-bid-idUSLDE70N0LK20110124
away from a bid for the company.

2009

De La Rue won a ten-year contract to produce the UK passport
and the Bank of England renewed the contract to print sterling.

2003

De La Rue won https://polaris.brighterir.com/public/de_la_rue/news/rns/story/xoq4e1w
the main contract to produce banknotes for Iraq after Saddam
Hussein's death.

Company signed a seven-year contract to supply sterling for
the Bank of England, taking over the bank's manufacturing
operation

1967

Jointly developed and installed the world's first ATM
outside Barclays Bank in Enfield, UK.

1957

Marketed banknote counting machine.

1947

Listed in London.

1939

During World War Two, De La Rue printed currency for some
occupied countries, which was hidden in a quarry until the end
of the war.

1934

China places its first order for currency.

1862

Supplied to the Confederate States the only American stamp
to be produced abroad: the Five Cents Blue.

1860

Printed its first paper money - the Mauritius 5 pound, 1
pound and 10 shilling notes.

1821

Founder Thomas de la Rue set up in London, making straw hats
before producing stationery, playing cards, railway tickets and
stamps over next decades.

1813

Founder launched his first commercial venture, Le Miroir
Politique newspaper in Guernsey.

Source: Reuters stories and company website https://www.delarue.com/about-us/our-history-orig.

($1 = 0.7794 pounds)
(Reporting by Tanishaa Nadkar in Bengaluru. Editing by
Josephine Mason and Jane Merriman)

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SMALL-CAP WINNERS & LOSERS: De La Rue chair resigns after pressure

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IN BRIEF: De La Rue chair resigns to "draw a line" under speculation

De La Rue PLC - Basingstoke, England-based security printed products maker - Says Chair Kevin Loosemore has resigned to "draw a line under recent speculation surrounding the leadership of the company." He will leave on May 1. Launches an "accelerated" search for his replacement, with the aim of appointing a new non-executive chair on May 2.

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*

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SMALL-CAP WINNERS & LOSERS: De La Rue sinks as banknote demand wanes

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De La Rue shares sink as warns on profit amid falling banknote demand

(Alliance News) - De La Rue PLC on Wednesday said it has been hurt by demand for banknotes sinking to a more than 20-year low.

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12 Apr 2023 08:49

LONDON MARKET OPEN: Stocks looking for direction before US inflation

(Alliance News) - Stock prices in London opened mixed on Wednesday, as caution prevailed ahead of a US inflation reading and minutes from the Federal Reserve's March meeting.

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12 Apr 2023 08:10

De La Rue warns on profits as banknote demand slides

(Sharecast News) - Banknote printer De La Rue warned on profits on Wednesday and said it has begun talks with its lenders as demand for banknotes has fallen to its lowest level in more than 20 years.

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12 Apr 2023 07:52

LONDON BRIEFING: Anglo American's De Beers shines; Unite bookings up

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6 Apr 2023 10:47

IN BRIEF: De La Rue shares up new CFO Charles Andrews appointed

De La Rue PLC - Basingstoke, England-based security printed products maker - Hires Charles Andrews as interim chief financial officer, with effect from April 11. This follows the resignation of Rob Harding in January, who left to become CFO at payment services provider PayPoint PLC. Most recently, Andrews was senior vice president Airframe at aerospace firm Meggitt PLC, and has held senior finance roles at Ingram Micro Inc and GSK PLC.

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6 Apr 2023 09:38

De La Rue appoints interim finance chief

(Sharecast News) - Banknote printer De La Rue has named Charles Andrews as interim chief financial officer.

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31 Mar 2023 15:16

IN BRIEF: Crystal Amber Fund again seeks to remove De La Rue chair

De La Rue PLC - Basingstoke, England-based maker of security and authentication features on currencies, financial documents and identity cards - Receives general meeting requisition from 9.8% shareholder Crystal Amber Fund Ltd. Demands the removal from the board of Chair Kevin Loosemore and his replacement by Pepyn Dinandt.

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