De La Rue Regulatory News (DLAR)

De La Rue plc

Director/PDMR Shareholding

Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them

7 January 2020

De La Rue plc (the "Company") announces a change in the interests of Clive Vacher, an Executive Director and Person Discharging Managerial Responsibilities ("PDMR") of the Company, in ordinary shares of 44 152/175p in the capital of the Company ("Shares").

De La Rue Performance Share Plan ("PSP")

In accordance with the PSP, Mr. Vacher was granted a nil-cost option (the "Option") over 326,245 Shares on 6 January 2020 ("Award Date") subject to the rules of the PSP.

The Option was granted subject to performance conditions measured over a three-year performance period. The Option will vest on the third anniversary of the Award Date, subject to the satisfaction of the performance conditions relating to the Option and the rules of the PSP. In line with the UK Corporate Governance Code, following the vesting of the Option, it will then, again subject to the rules of the PSP, be subject to a two-year post-vesting holding period before Mr. Vacher will be able to sell any Shares acquired under the Option.

The number of Shares shown below represents the maximum that may be acquired if all performance conditions are achieved in full. The Company may also transfer additional Shares to reflect the value of dividends that would have been paid on the Shares in respect of which the Option vests over the period between the Award Date and the end of the post-vesting holding period.

The relevant notification set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

Ed Peppiatt, Company Secretary

Contact Number: 01256 605212

7 January 2020

De La Rue plc's LEI code is 213800DH741LZWIJXP78.