*REACH announcement
18 April 2023
CRYSTAL AMBER FUND LIMITED
("Crystal Amber" or the "Company")
Withdrawal of De La Rue requisition notice
On 31 March 2023, Crystal Amber 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 would be proposed to remove Non-Executive Director and Chairman Kevin Loosemore (the "Requisition").
Crystal Amber notes and welcomes the announcement from De La Rue on 14 April 2023 that its Chairman has resigned and that an accelerated recruitment process has been launched. Accordingly, Crystal Amber has written to De La Rue withdrawing its requisition notice.
Crystal Amber continues to constructively engage to achieve the urgent and necessary change of direction at De La Rue in order to restore shareholder value and capitalise on its strong customer base, its brand and the strategic value of its Authentication and Currency divisions.
For further enquiries please contact:
Crystal Amber Fund Limited
Chris Waldron (Chairman)
Tel: 01481 742 742
Allenby Capital Limited - Nominated Adviser
David Worlidge/Jeremy Porter/Dan Dearden-Williams
Tel: 020 3328 5656
Winterflood Investment Trusts - Broker
Joe Winkley/Neil Langford
Tel: 020 3100 0160
Crystal Amber Advisers (UK) LLP - Investment Adviser
Richard Bernstein
Tel: 020 7478 9080
*About Reach announcements
This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.
Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
