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Pin to quick picksDe La Rue Share News (DLAR)

Share Price Information for De La Rue (DLAR)

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Share Price: 95.80
Bid: 96.40
Ask: 98.00
Change: -2.20 (-2.24%)
Spread: 1.60 (1.66%)
Open: 98.00
High: 98.00
Low: 95.80
Prev. Close: 98.00
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De La Rue chairman heads for the exit

Mon, 24th Jun 2019 07:48

(Sharecast News) - Banknote printer De La Rue said on Monday that chairman Philip Rogerson plans to retire from the board.The news comes less than a month after the company announced that chief executive officer Martin Sutherland was stepping down."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," De La Rue said.It added that Rogerson's departure was "part of an orderly succession process following the appointment and integration of the new CEO."The company also said that senior independent director Andy Stevens is planning to step down "due to his other commitments". He will remain on the board until a successor has been appointed, but in any event until no later than 31 December.De La Rue warned last month that operating profit for FY20 would be "somewhat lower" than the current year as the banknote print market was expected to become "increasingly competitive" as the strong demand driven by overspill in the last few years starts to normalise. Richard Bernstein, who runs activist investor Crystal Amber, tweeted earlier: "On Thursday we wrote to Philip Rogerson, De La Rue's Chairman: 'We have concluded that all stakeholders would be better served if you now stand down from the board.' Reneging on releasing shareholder value, the final straw. This morning, DLAR announces Rogerson is standing down."Crystal Amber has a 5% stake in De La Rue.At 1100 BST, the shares were up 0.3% at 303.50p.
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17 Apr 2023 10:23

SMALL-CAP WINNERS & LOSERS: De La Rue chair resigns after pressure

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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14 Apr 2023 17:12

IN BRIEF: De La Rue chair resigns to "draw a line" under speculation

De La Rue PLC - Basingstoke, England-based security printed products maker - Says Chair Kevin Loosemore has resigned to "draw a line under recent speculation surrounding the leadership of the company." He will leave on May 1. Launches an "accelerated" search for his replacement, with the aim of appointing a new non-executive chair on May 2.

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12 Apr 2023 17:31

FTSE 100 ends higher for fourth straight day, U.S inflation cools

March domestic pay growth slows - survey

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12 Apr 2023 16:54

LONDON MARKET CLOSE: Stocks in the green as US inflation rate cools

(Alliance News) - Stocks in London closed higher on Wednesday as the US inflation rate continued to cool, providing investors with some hope that the cycle of rate hikes may soon be at an end.

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12 Apr 2023 12:03

LONDON MARKET MIDDAY: Stocks tentatively higher ahead of US inflation

(Alliance News) - Stock prices in London were largely higher at midday on Wednesday, amid cautious trade ahead of the release of eagerly-awaited inflation data from the world's largest economy.

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12 Apr 2023 10:26

Crystal Amber promises sizeable return amid Hurricane Energy buyout

(Alliance News) - Crystal Amber Fund Ltd on Wednesday said it plans a "substantial" return of capital after it receives funds from the buyout of investee Hurricane Energy PLC by Prax Exploration & Production PLC.

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12 Apr 2023 10:06

SMALL-CAP WINNERS & LOSERS: De La Rue sinks as banknote demand wanes

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

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12 Apr 2023 09:49

De La Rue shares sink as warns on profit amid falling banknote demand

(Alliance News) - De La Rue PLC on Wednesday said it has been hurt by demand for banknotes sinking to a more than 20-year low.

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12 Apr 2023 08:49

LONDON MARKET OPEN: Stocks looking for direction before US inflation

(Alliance News) - Stock prices in London opened mixed on Wednesday, as caution prevailed ahead of a US inflation reading and minutes from the Federal Reserve's March meeting.

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12 Apr 2023 08:10

De La Rue warns on profits as banknote demand slides

(Sharecast News) - Banknote printer De La Rue warned on profits on Wednesday and said it has begun talks with its lenders as demand for banknotes has fallen to its lowest level in more than 20 years.

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12 Apr 2023 07:52

LONDON BRIEFING: Anglo American's De Beers shines; Unite bookings up

(Alliance News) - Stocks in London were called flat on Wednesday, with the focus for the day on a US inflation reading in the afternoon, before the release of central bank meeting minutes later.

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6 Apr 2023 10:47

IN BRIEF: De La Rue shares up new CFO Charles Andrews appointed

De La Rue PLC - Basingstoke, England-based security printed products maker - Hires Charles Andrews as interim chief financial officer, with effect from April 11. This follows the resignation of Rob Harding in January, who left to become CFO at payment services provider PayPoint PLC. Most recently, Andrews was senior vice president Airframe at aerospace firm Meggitt PLC, and has held senior finance roles at Ingram Micro Inc and GSK PLC.

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6 Apr 2023 09:38

De La Rue appoints interim finance chief

(Sharecast News) - Banknote printer De La Rue has named Charles Andrews as interim chief financial officer.

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6 Apr 2023 09:37

SMALL-CAP WINNERS & LOSERS: Motorpoint expects revenue to rise 9.1%

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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31 Mar 2023 15:16

IN BRIEF: Crystal Amber Fund again seeks to remove De La Rue chair

De La Rue PLC - Basingstoke, England-based maker of security and authentication features on currencies, financial documents and identity cards - Receives general meeting requisition from 9.8% shareholder Crystal Amber Fund Ltd. Demands the removal from the board of Chair Kevin Loosemore and his replacement by Pepyn Dinandt.

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