M&A Activity • Oct 14, 2019
M&A Activity
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National Storage Mechanism | Additional information
RNS Number : 8269P
De La Rue PLC
14 October 2019
14 October 2019
DE LA RUE PLC
Completion of Sale of International Identity Solutions business
De La Rue plc, the world's premier currency and authentication provider, announces that it has completed the sale of its International Identity Solutions business to HID Corporation Limited, an ASSA ABLOY Group company, for a cash consideration of £42m on a cash-free, debt-free basis. This transaction was first announced on 12 June 2019.
De La Rue plc's LEI code is 213800DH741LZWIJXP78.
This transaction constituted a class 2 transaction for the purposes of the Financial Conduct Authority's Listing Rules.
The person responsible for the release of this announcement on behalf of De La Rue plc is Helen Willis (Chief Financial Officer).
Enquiries:
De La Rue plc +44 (0)1256 605322
Paul Sharma Head of Investor Relations
Brunswick +44 (0)207 404 5959
Azadeh Varzi
Stuart Donnelly
De La Rue is listed on the London Stock Exchange (LSE:DLAR). For further information visit www.delarue.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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