London, 7th September 2015: De La Rue is delighted at the recent announcement from the Royal Bank of Scotland that the new design £5 and £10 banknotes will be issued on its Safeguard® polymer substrate.
As announced by the Royal Bank, the new notes will be smaller than the existing ones and be completely re-designed with new themes and portrait subjects. The designs will be partly revealed in the coming months and, in line with other UK issuing authorities, it is planned that the new £5 will be issued in the second half of 2016 with the £10 to follow in 2017.
Commenting on the announcement, David Wheldon, Chief Marketing Officer at the Royal Bank of Scotland, said:
“The move to polymer notes will bring significant benefits to all those who use them. They will be smaller, cleaner and more secure. We are grateful for De La Rue’s assistance with this important project.”
About De La Rue:
De La Rue is a leading commercial banknote printer, security paper maker and provider of security products and software solutions and, as a trusted partner of governments, central banks and commercial organisations around the world, is at the forefront of the battle against the counterfeiter.
As the world’s largest commercial banknote printer, De La Rue provides customers with a fully integrated range of sophisticated products and services which are available either individually or as a whole. This includes a leading design capability, production of innovative security components, manufacture of security paper and polymer substrates and sophisticated printing of banknotes, all contributing to trust in the integrity of currencies.
De La Rue is the world’s largest commercial passport manufacturer in an environment of increasing global concern over security at national boundaries and border control.
De La Rue also produces a wide range of other security products, including tax stamps for governments who are seeking to combat illicit trade and collect excise duties. Other products include authentication labels, assuring purchasers of product validity, and government identity documents. In addition the Group manufactures high speed cash sorting and banknote inspection equipment.
De La Rue also provides a range of specialist services and software solutions including government identity schemes, product authentication systems and cash management processing solutions.
De La Rue is listed on the London Stock Exchange (LON:DLAR).