Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to johnstevens77,Bhoddhisatva,scotia,Anonymous,Cornytiv34, for Donating to support the site

De La Rue PLC (DLAR)

Share latest information on individual companies and hot news discussions. LSE Main Market companies only
Forum rules
No penny shares or promotional posts
EthicsGradient
Lemon Slice
Posts: 571
Joined: March 1st, 2019, 11:33 am
Has thanked: 33 times
Been thanked: 231 times

Re: De La Rue PLC (DLAR)

#324473

Postby EthicsGradient » July 7th, 2020, 11:39 pm

It now seems I was allocated 122 shares I was entitled to under the open offer (from an original holding of 280), plus 246 out of 478 excess shares I applied for. This seems a fairly random allocation number; some others who applied for excess must have got more of what they wanted.

Breelander
Lemon Quarter
Posts: 4179
Joined: November 4th, 2016, 9:42 pm
Has thanked: 1000 times
Been thanked: 1855 times

Re: De La Rue PLC (DLAR)

#369186

Postby Breelander » December 23rd, 2020, 3:45 pm

It's seldom that an RNS reveals details of the personal life of directors, but this Director/PDMR Shareholding announcement does just that.

Tranactions 1 and 2 are a straight forward Bed-and-ISA move by Mr Vacher, but not all of it went into his ISA, part of it was an early Christmas present for his fiancee.

Merry Christmas to the happy couple.

Transaction 3: Fiancee of the Executive Director/Chief Executive Officer
....
Transaction 1: Sale of 93,000 Ordinary Shares by Mr Vacher.
Transaction 2: Purchase of 80,000 Ordinary Shares into Mr Vacher's ISA.
Transaction 3: Purchase of 13,000 Ordinary Shares into Ms DeMarchi's ISA.
https://www.investegate.co.uk/de-la-rue ... 10597090J/

dealtn
Lemon Half
Posts: 6072
Joined: November 21st, 2016, 4:26 pm
Has thanked: 441 times
Been thanked: 2324 times

Re: De La Rue PLC (DLAR)

#369190

Postby dealtn » December 23rd, 2020, 3:55 pm

Breelander wrote:It's seldom that an RNS reveals details of the personal life of directors, but this Director/PDMR Shareholding announcement does just that.

Tranactions 1 and 2 are a straight forward Bed-and-ISA move by Mr Vacher, but not all of it went into his ISA, part of it was an early Christmas present for his fiancee.

Merry Christmas to the happy couple.

Transaction 3: Fiancee of the Executive Director/Chief Executive Officer
....
Transaction 1: Sale of 93,000 Ordinary Shares by Mr Vacher.
Transaction 2: Purchase of 80,000 Ordinary Shares into Mr Vacher's ISA.
Transaction 3: Purchase of 13,000 Ordinary Shares into Ms DeMarchi's ISA.
https://www.investegate.co.uk/de-la-rue ... 10597090J/


Not quite straight forward, given the sums involved. Presumably the split was arranged due to the "new" ISA and his fiancée's £20,000 contribution limit.

The prices of 151.4p and 151.44p show the tightness of a bid/offer spread you can achieve with a "friendly" broker though (if you are a high net worth Executive Director at a listed company, at least!).

I bought into this one a month or so back at 137p (or more correctly my wife's SIPP did!).

dealtn
Lemon Half
Posts: 6072
Joined: November 21st, 2016, 4:26 pm
Has thanked: 441 times
Been thanked: 2324 times

Re: De La Rue PLC (DLAR)

#403860

Postby dealtn » April 13th, 2021, 12:33 pm

Latest trading Update (and the previous one that got missed here).

https://www.investegate.co.uk/de-la-rue ... 00042105V/

https://www.investegate.co.uk/de-la-rue ... 00081277N/

Seem quite positive on the turnaround story continuing.

Breelander
Lemon Quarter
Posts: 4179
Joined: November 4th, 2016, 9:42 pm
Has thanked: 1000 times
Been thanked: 1855 times

Re: De La Rue PLC (DLAR)

#582855

Postby Breelander » April 14th, 2023, 5:29 pm

Resignation of Chairman and accelerated search for replacement

De La Rue plc (LSE: DLAR) ("De La Rue", the "Group" or the "Company") today announces that Kevin Loosemore has resigned as a Director of the Company to draw a line under recent speculation surrounding the leadership of the Company. He will leave office effective 1 May 2023.
https://www.investegate.co.uk/de-la-rue ... 19433181W/

Bouleversee
Lemon Quarter
Posts: 4652
Joined: November 8th, 2016, 5:01 pm
Has thanked: 1195 times
Been thanked: 902 times

Re: De La Rue PLC (DLAR)

#582865

Postby Bouleversee » April 14th, 2023, 6:15 pm

Breelander wrote:Resignation of Chairman and accelerated search for replacement

De La Rue plc (LSE: DLAR) ("De La Rue", the "Group" or the "Company") today announces that Kevin Loosemore has resigned as a Director of the Company to draw a line under recent speculation surrounding the leadership of the Company. He will leave office effective 1 May 2023.
https://www.investegate.co.uk/de-la-rue ... 19433181W/

I thought that news might have sent the share price up a tad but no, even further down today. My loss on this company, which I have held for yonks, is 93.73% so not much more to loose. Fortunately, I only had a fairly small holding but unfortunately most of my holdings seem to be in the red a.t.m. and I can't see many of them recovering t.b.h. I wonder who will take over; I doubt there'll be much of a rush. Difficult to see how there could be much improvement.

Breelander
Lemon Quarter
Posts: 4179
Joined: November 4th, 2016, 9:42 pm
Has thanked: 1000 times
Been thanked: 1855 times

Re: De La Rue PLC (DLAR)

#582873

Postby Breelander » April 14th, 2023, 7:31 pm

Bouleversee wrote:
Breelander wrote:Resignation of Chairman and accelerated search for replacement

https://www.investegate.co.uk/de-la-rue ... 19433181W/

I thought that news might have sent the share price up a tad but no, even further down today. My loss on this company, which I have held for yonks, is 93.73% so not much more to loose. Fortunately, I only had a fairly small holding but unfortunately most of my holdings seem to be in the red a.t.m. and I can't see many of them recovering t.b.h. I wonder who will take over; I doubt there'll be much of a rush. Difficult to see how there could be much improvement.

The news was released at 4:15pm, maybe a bit more of a reaction when the markets re-open next week. The activist investor fund Crystal Amber has been pushing for this since last year, wanting to put their own man in charge. Looks like they may get their wish....

Activist investor Crystal Amber blasts De La Rue claiming banknote maker's turnaround plan has 'failed by every measure' as pressure builds on chair

Activist investor Crystal Amber wants to oust De La Rue chairman Loosemore...
https://www.thisismoney.co.uk/money/mar ... asure.html

Crystal Amber wrote:On 31 March 2023 the Fund announced that it had sent to the board of De La Rue plc ("De La Rue") a requisition notice requiring De La Rue to convene a general meeting at which a resolution will be proposed to remove Non-Executive Director and Chairman Kevin Loosemore ("the Requisition"). The Requisition also proposed to appoint Pepyn Dinandt as a Non-Executive Director and Chairman.
https://www.investegate.co.uk/crystal-a ... 00063857V/

De La Rue wrote:The Board has launched an accelerated recruitment process, with an external search company, with the aim of appointing a new non-Executive Chairman on 2 May 2023, or as soon as practicable thereafter.

Pepyn Dinandt, who has been nominated by Crystal Amber Fund Limited and who has indicated his willingness to serve, will be a candidate in this process.
https://www.investegate.co.uk/de-la-rue ... 19433181W/

Bouleversee
Lemon Quarter
Posts: 4652
Joined: November 8th, 2016, 5:01 pm
Has thanked: 1195 times
Been thanked: 902 times

Re: De La Rue PLC (DLAR)

#582890

Postby Bouleversee » April 14th, 2023, 9:18 pm

The trouble is that bank notes are pretty useless these days. I tried to pay for a card costing £2.50 in a charity shop today with a fiver which had been sitting in my wallet for ages but they had no change so I paid with a bank card. Tough on those who don't do online banking and don't have bank cards and tough on De la Rue shareholders. It's such a pity they didn't get the passport contract. I just hope tha activator and the new ceo.have some bright ideas.

Breelander
Lemon Quarter
Posts: 4179
Joined: November 4th, 2016, 9:42 pm
Has thanked: 1000 times
Been thanked: 1855 times

Re: De La Rue PLC (DLAR)

#589958

Postby Breelander » May 18th, 2023, 4:00 pm

Breelander wrote:
Bouleversee wrote:I thought that news might have sent the share price up a tad but no, even further down today. My loss on this company, which I have held for yonks, is 93.73% so not much more to loose. Fortunately, I only had a fairly small holding but unfortunately most of my holdings seem to be in the red a.t.m. and I can't see many of them recovering t.b.h. I wonder who will take over; I doubt there'll be much of a rush. Difficult to see how there could be much improvement.

The news was released at 4:15pm, maybe a bit more of a reaction when the markets re-open next week. The activist investor fund Crystal Amber has been pushing for this since last year, wanting to put their own man in charge.....

De La Rue wrote:The Board has launched an accelerated recruitment process, with an external search company, with the aim of appointing a new non-Executive Chairman on 2 May 2023, or as soon as practicable thereafter.

Pepyn Dinandt, who has been nominated by Crystal Amber Fund Limited and who has indicated his willingness to serve, will be a candidate in this process.

Well, There's a new man at the helm, but it isn't Pepyn Dinandt...

De La Rue wrote:De La Rue plc (LSE: DLAR) ("De La Rue", the "Group" or the "Company") is pleased to announce that, following a comprehensive selection process, it has appointed Clive Whiley as Non-Executive Chairman of the Board, effective immediately.
https://www.investegate.co.uk/announcement/7531957

Bouleversee
Lemon Quarter
Posts: 4652
Joined: November 8th, 2016, 5:01 pm
Has thanked: 1195 times
Been thanked: 902 times

Re: De La Rue PLC (DLAR)

#590031

Postby Bouleversee » May 19th, 2023, 7:43 am

Thanks for that info, Bree. I can't say it fills me with joy, however i seem to remember my Mothercare shares disappeared into the ether.. i must check my records as to what happened there as my memory seems to have deserted me.

Dod101
The full Lemon
Posts: 16629
Joined: October 10th, 2017, 11:33 am
Has thanked: 4343 times
Been thanked: 7534 times

Re: De La Rue PLC (DLAR)

#590041

Postby Dod101 » May 19th, 2023, 8:48 am

Bouleversee wrote:Thanks for that info, Bree. I can't say it fills me with joy, however i seem to remember my Mothercare shares disappeared into the ether.. i must check my records as to what happened there as my memory seems to have deserted me.


I daresay De La Rue still has places elsewhere in the world that are still wedded to bank notes to go after but as for its UK market it is a bit like continuing to make horse whips in the 1920s in the UK.

And the new Chairman is a Non Executive not the CEO.

Dod

Bouleversee
Lemon Quarter
Posts: 4652
Joined: November 8th, 2016, 5:01 pm
Has thanked: 1195 times
Been thanked: 902 times

Re: De La Rue PLC (DLAR)

#590074

Postby Bouleversee » May 19th, 2023, 10:03 am

s.p. down 2.87% a.t.m.


Return to “Company Share news (LSE Main Market)”

Who is online

Users browsing this forum: No registered users and 3 guests