DE LA RUE PLC - Acquisition

Dear client

 The boards of directors of ACR Bidco Limited and De La Rue plc are announcing that they have reached agreement on the terms and conditions of a recommended all cash acquisition by Bidco of the entire issued, and to be issued, ordinary share capital of De La Rue.

The Shareholder will be entitled to receive:130 pence in cash per De La Rue Share

The Acquisition values the entire issued and to be issued share capital of De La Rue at approximately £263 million. The Acquisition Price represents a premium of approximately:

• 19 per cent. to the Closing Price of 110 pence per De La Rue Share on 11 December 2024;
• 38 per cent. to the Closing Price of 94 pence per De La Rue Share on 14 October 2024; and
• 30 per cent. to the Volume Weighted Average Price during the ninety-day period ended 11 December 2024

It is intended that the London Stock Exchange and the FCA will be requested respectively to cancel trading of De La Rue Shares on the London Stock Exchange's Main Market and the listing of De La Rue Shares from the Commercial Companies (Equity Shares) category of the Official List on or shortly after the Effective Date.

The Acquisition will become Effective early in the third quarter of 2025.

ISIN - GB00B3DGH821

Please see notification link: https://www.londonstockexchange.com/news-article/market-news/recommended-acquisition/16990751 

Please be aware we do not have any holders on the platform.

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Kind regards