Directorate change June 2023

De La Rue plc (LSE: DLAR) ("De La Rue", the "Group" or the "Company") today announces that: 

Margaret Rice-Jones

a Non-executive Director of the Company, has advised that she does not intend to seek re-election as a Director of the Company at the 2023 AGM, having reached the end of her initial three-year term. This will allow her to focus on the increasing time requirements of her other commitments.

The Nomination Committee has already initiated a recruitment process for a replacement Non-executive Director.

Margaret Rice-Jones commented:

“I have enjoyed working with the Board and staff of De La Rue. I have decided not to seek a further term as my other commitments are now demanding more of my time. It is therefore appropriate that the De La Rue Board seeks to resource itself with the capacity to support the business.“

The Company’s Chairman, Clive Whiley, commented:

“Margaret has made a significant contribution to De La Rue during her time with the Company, both as a member of the Board and as the Senior Independent Director. We are grateful for everything she has done and wish her well for the future.”

Rob Harding

The Company’s CFO, whose resignation was announced on 31 January 2023, will be leaving at the expiry of his notice period on Friday 28 July.