De La Rue plc (LSE: DLAR) ("De La Rue", the "Group" or the "Company") announces that Rob Harding will be stepping down as Chief Financial Officer (CFO) and as a Director of the Company to take on a new role as Chief Financial Officer for PayPoint plc.
The Board and Management team have commenced a process to select Rob’s successor. Rob will continue to serve as CFO and a Director of the Company for up to six months, during his notice period, to assist with an orderly transition.
Clive Vacher, Chief Executive Officer, said “For the past three years, Rob has been a highly valued member of both the Board and the Executive Leadership Team and has been instrumental in the delivery of the Company’s ongoing transformation. On behalf of everyone at De La Rue, I would like to express my thanks to Rob for his contribution and wish him all the very best in his next role.”
De La Rue plc's LEI code is 213800DH741LZWIJXP78.
Enquiries:
De La Rue plc
+44 (0) 7990 337707
Clive Vacher, Chief Executive Officer
Louise Rich, Head of Investor Relations
Brunswick
+44 (0)207 404 5959
Stuart Donnelly
Ed Brown
The person responsible for the release of this announcement on behalf of De La Rue for the purposes of MAR is Rob Bellhouse (Company Secretary).
About De La Rue
De La Rue plc's 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 ID security components.
As at 31 December 2022 De La Rue had 1,900 employees who 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.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated by the Market Abuse Regulation (EU) No.596/2014, as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"). Upon the publication of this announcement, the inside information is now considered to be in the public domain.