REG - De La Rue PLC - Directorate Change

De La RueAnnouncement

13/09/2022 11:00

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RNS Number : 2836Z  De La Rue PLC  13 September 2022

DE LA RUE PLC

Directorate change

 

13 September 2022

 

APPOINTMENT OF A NON-EXECUTIVE DIRECTOR

 

De La Rue plc ("De La Rue" or the "Company") intends to appoint Mark Hoad,
Chief Financial Officer of TT Electronics plc, as a non-executive director of
the Company. The appointment is expected to be confirmed by the board at its
meeting on 29 September 2022.

A chartered accountant, Mark has acquired a deep understanding of finance and
operational activities during a career spent in senior finance/management
roles with FTSE listed companies. He has been a director of TT Electronics plc
and its Chief Financial Officer since January 2015 and previously held
equivalent roles with BBA Aviation plc.  His other experience includes
several years working in a variety of management roles in Continental Europe
and Australia, as well as a strong focus on driving business transformation in
the US. Mark has spent the last 25 years working in global industrial
businesses and has extensive experience of driving business and functional
re-structuring and transformation, M&A, and equity and debt capital
markets.

Once appointed as a non-executive director, he will join the Audit, Ethics,
Nomination and Remuneration Committees.

Kevin Loosemore, Chairman of De La Rue commented:

"Mark Hoad brings a very broad range of financial experience, particularly in
the public company arena, which will allow him to make a profound contribution
to the continued development of De La Rue.  I look forward to welcoming him
to the board."

There are no further matters required to be disclosed under Listing Rule
9.6.13.

 

- ends -

Enquiries:

De La Rue plc                        +44 (0) 7990 337707

Kevin Loosemore                    Chairman

Clive Vacher                           Chief
Executive Officer

Rob Harding                            Chief
Financial Officer

Louise  Rich                             Head of
Investor Relations

 

Brunswick Group LLP         +44 (0)207 404 5959

Stuart Donnelly

Ed Brown

De La Rue plc's LEI code is 213800DH741LZWIJXP78

 

About De La Rue

De La Rue plc's (DLAR) purpose is to secure trust between people, businesses
and governments. As a trusted partner of governments, central banks and
commercial organisations seeking to secure their global supply chains and cash
cycles, De La Rue provides highly secure physical and digital solutions that
underpin the integrity of economies and trade.

De La Rue's Currency division provides market-leading end-to-end currency
solutions, from finished banknotes to secure polymer substrate and banknote
security features to over half the central banks and issuing authorities
around the world.

Our Authentication division protects revenues and reputations through the
provision of physical and digital solutions to governments and commercial
organisations. We also manufacture financial documents and ID security
components.

De La Rue's 2,300 employees work with organisations in more than 140
countries, leveraging the group's manufacturing facilities in the UK, US,
Malta, Sri Lanka and Kenya.

De La Rue's shares are traded on the London Stock Exchange (LSE:DLAR). For
further information please visit www.delarue.com (http://www.delarue.com) .

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