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.
Pepyn Dinandt, who has been nominated by Crystal Amber Fund Ltd and who has indicated his willingness to serve, will be a candidate in this process.
On Wednesday, De La Rue reported it had been by demand for banknotes sinking to a more than 20-year low.
Current stock price: 40.00 pence
12-month change: down 63%
By Heather Rydings, Alliance News senior economics reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.
De La Rue (DLAR)