Previous close | 62.00 |
Open | 63.72 |
Bid | 60.00 x 0 |
Ask | 64.00 x 0 |
Day's range | 60.77 - 63.72 |
52-week range | 60.00 - 105.00 |
Volume | |
Avg. volume | 39,940 |
Market cap | 51.603M |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 3.65 |
EPS (TTM) | N/A |
Earnings date | 25 Oct 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Kevin Loosemore had been targeted for months by activist investor Crystal Amber Fund
Loosemore's resignation comes weeks after its third-largest shareholder Crystal Amber Fund Limited had called for a general meeting to oust the company's chairman. The company said it has launched a search for Loosemore's replacement. Crystal Amber has nominated Pepyn Dinandt as a candidate.
(Reuters) -Activist investor Crystal Amber Fund is making another effort to oust the chairman of De La Rue after a failed attempt last year, seeking a shake-up at the struggling banknote printer to revive its performance and share price. Crystal Amber, the London-listed company's third-biggest shareholder with a roughly 9.8% stake, on Friday called for a shareholder meeting to remove Kevin Loosemore and appoint Pepyn Dinandt in his stead. De La Rue said on Friday it was considering the contents and legality of the requisition notice.