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RNS Number : 0867H De La Rue PLC 01 May 2025
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1 May 2025
De La Rue plc
Completion of sale of Authentication division
De La Rue plc (LSE: DLAR) ("De La Rue" or the "Group" or the "Company") is
pleased to announce the completion of the sale of its Authentication division
to CA-MC Acquisition UK Limited ("CA-MC"), a subsidiary of Crane NXT, Co.
(together with CA-MC, "Crane NXT") in accordance with the terms of the share
purchase agreement entered into on 4 April, as referred to in our previous
announcements of 15 October 2024 and 7 April 2025.
As a result, the Group's existing revolving credit facility has been repaid in
full and a sum of £30m has been paid to the trustee of the Group's defined
benefit pension scheme by way of an accelerated deficit repair contribution.
Enquiries:
De La Rue plc + 44 (0)7990 337707
Clive Whiley Chairman
Clive Vacher Chief Executive Officer
Louise Rich Head of Investor Relations
Deutsche Numis + 44 (0)207 260 1000
(Sole Financial Adviser and Joint Broker)
Jonathan Wilcox
Luke Bordewich
Kevin Cruickshank
Raed El Dana
Investec + 44 (0)207 597 5970
(Joint Broker)
David Anderson
Charlotte Young
Brunswick + 44 (0)207 404 5959
Stuart Donnelly
Ed Brown
About De La Rue
Founded in 1813, De La Rue is a leading commercial supplier of banknotes and a
long-standing trusted partner to central banks and governments worldwide. Our
products underpin the integrity of economies and trade, enabling businesses
and citizens to participate securely in the global economy. By supporting
physical currency, we help ensure financial inclusion for those who might
otherwise lack access to payment systems.
Headquartered in Basingstoke, UK, De La Rue operates on a truly global basis,
supplying 54% of the world's central banks and manufacturing in the UK, Europe
and Asia. We offer world-leading banknote design and technical support, fully
finished banknotes and advanced security features, including our durable
SAFEGUARD® polymer substrate. Our products are optimised for ease of
manufacture, reduced environmental impact and cash cycle efficiency.
De La Rue's commitment to high Environmental, Social and Governance standards
is reflected in our multiple international certifications, including ISO 14001
(environmental), ISO 37001 (anti-bribery) and ISO 27001 (information
security), among others. We are consistently ranked among the Financial Times
European Climate Leaders and are a founding member of the Banknote Ethics
Initiative (BnEI), reinforcing our role as a transparent and ethical partner.
De La Rue's shares are traded on the London Stock Exchange (LSE: DLAR). De La
Rue plc's LEI code is 213800DH741LZWIJXP78. For further information please
visit www.delarue.com (http://www.delarue.com) .
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