|Bid||60.00 x 0|
|Ask||64.00 x 0|
|Day's range||60.77 - 63.72|
|52-week range||60.00 - 105.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||3.65|
|Earnings date||25 Oct 2023|
|Forward dividend & yield||N/A (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.