De La Rue Regulatory News (DLAR)

DE LA RUE PLC

Directorate change

13 September 2022

APPOINTMENT OF A NON-EXECUTIVE DIRECTOR

De La Rue plc ("De La Rue" or the "Company") intends to appoint Mark Hoad, Chief Financial Officer of TT Electronics plc, as a non-executive director of the Company. The appointment is expected to be confirmed by the board at its meeting on 29 September 2022.

A chartered accountant, Mark has acquired a deep understanding of finance and operational activities during a career spent in senior finance/management roles with FTSE listed companies. He has been a director of TT Electronics plc and its Chief Financial Officer since January 2015 and previously held equivalent roles with BBA Aviation plc. His other experience includes several years working in a variety of management roles in Continental Europe and Australia, as well as a strong focus on driving business transformation in the US. Mark has spent the last 25 years working in global industrial businesses and has extensive experience of driving business and functional re-structuring and transformation, M&A, and equity and debt capital markets.

Once appointed as a non-executive director, he will join the Audit, Ethics, Nomination and Remuneration Committees.

Kevin Loosemore, Chairman of De La Rue commented:

"Mark Hoad brings a very broad range of financial experience, particularly in the public company arena, which will allow him to make a profound contribution to the continued development of De La Rue. I look forward to welcoming him to the board." 

There are no further matters required to be disclosed under Listing Rule 9.6.13.

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Enquiries:

De La Rue plc +44 (0) 7990 337707

Kevin Loosemore Chairman

Clive Vacher Chief Executive Officer

Rob Harding Chief Financial Officer

Louise Rich Head of Investor Relations

Brunswick Group LLP +44 (0)207 404 5959

Stuart Donnelly

Ed Brown

De La Rue plc's LEI code is 213800DH741LZWIJXP78

About De La Rue

De La Rue plc's (DLAR) 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 financial documents and ID security components.

De La Rue's 2,300 employees 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). For further information please visit www.delarue.com.