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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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PRESS: De La Rue Shareholder Urges Chair Philip Rogerson To Quit - Sky

Wed, 17th Jul 2019 06:56

(Alliance News) - De La Rue PLC shareholder Crystal Amber Fund Ltd intends to call an emergency general meeting unless Chair Philip Rogerson leaves this month, Sky News reported late Tuesday.

https://news.sky.com/story/fund-piles-pressure-on-de-la-rue-with-threat-to-oust-chair-11764418

At the end of June, the banknote and security documents printer said Rogerson has decided to retire once he has helped find a new chief executive officer for the company.

Chief Executive Martin Sutherland's departure was announced at the end of May and De La Rue said he will leave "as soon as his successor is in place". Sutherland stepped down amid a sharp drop in the company's annual profit.

Turning back to Sky's report, the news agency said a number of shareholders have expressed concerns Rogerson plans to stay until a new CEO is in place and are likely to support a move to oust him at an earlier juncture.

More News

25 Nov 2020 11:28

De La Rue Swings To Profit In First Half Amid Reduces Operating Costs

25 Nov 2020 09:09

Costs cuts pay off for de La Rue as profits soar

(Sharecast News) - UK banknote and passport printer De La Rue reported a huge rise in first-half profit on Wednesday, driven by cost cuts under its turnaround plan and said it was in early talks with governments on Covid-19 immunity certificates.

22 Nov 2020 18:13

Sunday newspaper round-up: China, Facebook, Petropavlovsk

(Sharecast News) - Britain will lose billions of pounds of investment and thousands of jobs unless it reverses its hostility to China, an influential lobby group for Chinese businesses has warned. In the most stark public intervention yet, the China Chamber of Commerce in the UK - which represents companies including Huawei, ZTE and Air China - said there could also be a consumer backlash against British companies such as Jaguar Land Rover and Burberry, which are heavily reliant on China's middle-class customers. Relations between China and the UK are at their lowest ebb in decades, hit by Beijing's power grab in Hong Kong and Donald Trump's trade war with President Xi Jinping. - Sunday Times

20 Nov 2020 13:42

UK EXECUTIVE CHANGE SUMMARY: New CFOs For Indivior And Costain

18 Nov 2020 16:01

UK Earnings, Trading Statements Calendar - Next 7 Days

30 Oct 2020 10:28

De La Rue Banknote Printing Contract With Bank Of England Extended

30 Oct 2020 07:02

BOE extends banknote printing contract with De La Rue

LONDON, Oct 30 (Reuters) - The Bank of England said on Friday it had extended its banknote printing contract with De La Rue."The Bank has decided to extend its contract with De La Rue to operate the printing facility at Debden, Essex until 2028," ...

15 Oct 2020 11:01

De La Rue's First Half Earnings Meet Internal Expectations

15 Oct 2020 09:57

De La Rue says trading 'positive', revenue in line

(Sharecast News) - Banknote printer De La Rue said on Thursday that trading for the financial year 2020/21 has been positive, with revenue and adjusted operating profit for the first half in line with its expectations.

1 Oct 2020 10:20