De La Rue PLC Directorate Changes (1080D)
June 24 2019 - 1:01AM
UK Regulatory
TIDMDLAR
RNS Number : 1080D
De La Rue PLC
24 June 2019
24 June 2019
DE LA RUE PLC
DIRECTORATE CHANGES
De La Rue plc (the "Company") announces that Andy Stevens,
Senior Independent Director, who was appointed a Non-executive
Director of the Company on 2 January 2013, has informed the Board
of his intention to step down as a Director of the Company due to
his other commitments.
Andy will remain on the Board until such time as a successor as
Senior Independent Director has been appointed, but in any event
until no later than 31 December 2019. Until then he will continue
as the Senior Independent Director and accordingly will be standing
for re-election at the Company's forthcoming Annual General
Meeting.
As previously announced, the search for a new CEO is underway,
led by the Chairman. The Chairman has indicated his intention to
retire from the Board as part of an orderly succession process
following the appointment and integration of the new CEO.
In this context a search has commenced for two Non-executive
Directors with the intention to replace the Chairman and Senior
Independent Director in line with the succession process outlined
above.
The Company is also pleased to announce that Maria da Cunha,
Non-executive Director, is appointed the designated Non-executive
Director responsible for Workforce Engagement.
De La Rue plc's LEI code is 213800DH741LZWIJXP78.
Enquiries:
De La Rue plc +44 (0)1256 605000
Philip Rogerson Chairman
Brunswick +44 (0)207 404 5959
Azadeh Varzi
Stuart Donnelly
About De La Rue
De La Rue's purpose is to enable every citizen to participate
securely in the global economy. As a trusted partner of
governments, central banks and commercial organisations, De La Rue
provides products and services that underpin the integrity of
trade, personal identity and the movement of goods.
As the world's largest designer and commercial printer of
banknotes, De La Rue designs, manufactures and delivers banknotes,
banknote substrates and security features to customers in a world
where currency will continue to be a key part of the developing
payments eco-system. De La Rue is the only integrated supplier of
both paper and polymer banknotes, and creates security features
that ensure banknotes are protected against counterfeiting.
De La Rue is the world's largest commercial designer and printer
of passports, delivering national and international identity tokens
and software solutions for governments in a world that is
increasingly focused on the importance of a legal and secure
identity for every individual.
De La Rue also creates and delivers secure product identifiers
and 'track and trace' software for governments and commercial
customers alike to help to tackle the challenge of illicit or
counterfeit goods and the collection of revenue and excise
duties.
De La Rue is listed on the London Stock Exchange (LSE:DLAR). For
further information visit www.delarue.com
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END
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