De La Rue plc is pleased to announce the completion of the sale of its Authentication division to CA-MC Acquisition UK Limited (“CA-MC”), a subsidiary of Crane NXT, Co. (together with CA-MC, “Crane NXT”) in accordance with the terms of the share purchase agreement entered into on 4 April, as referred to in our previous announcements of 15 October 2024 and 7 April 2025.
As a result, the Group’s existing revolving credit facility has been repaid in full and a sum of £30m has been paid to the trustee of the Group’s defined benefit pension scheme by way of an accelerated deficit repair contribution.
