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Paragon expands again with cards buy

Paragon Group has expanded its Paragon ID business with the takeover of payment and loyalty card specialist Thames Technology, in a move that means the Business Growth Fund will exit its investment in the acquired business.

De La Rue shares slump on latest profit warning

De La Rue has issued a second profit warning in five months, sending its shares plummeting, and said its full year 2019/20 adjusted operating profit “will be significantly lower than market expectations”.

De La Rue appoints turnaround specialist as new CEO

De La Rue has appointed a business transformation specialist as its new chief executive as Martin Sutherland stands down following his completion of a handover.

De La Rue appoints new chairman

De La Rue has appointed a new chairman designate following months of activist pressure.

De La Rue shareholders revolt over pay

De La Rue shareholders have sent a strong message about their unhappiness at the PLC’s remuneration policy at its AGM.

Ideas wanted for future banknote security print tech

A call for innovations that could become security features on future banknotes has been launched by the Defence & Security Accelerator (DASA) and the Bank of England.

SFO launches probe into De La Rue

It never rains but it pours for De La Rue. The Serious Fraud Office has announced an investigation into its activities in South Sudan, just ahead of the PLC’s annual general meeting at which dissident shareholder Richard Bernstein will call for the security printer’s chairman to stand down.

Activist investor puts more pressure on De La Rue

De La Rue is on the receiving end of renewed pressure from activist investor Crystal Amber, which has called on chairman Philip Rogerson to stand down at next week’s AGM.

De La Rue to cut 170 jobs, Unite blames passport loss

De La Rue has launched a consultation at its Gateshead Plant that could result in the loss of 170 jobs, with union Unite laying the blaming squarely on the company’s loss of its £490m UK passport contract.

De La Rue finds US buyer for International Identity Solutions

De La Rue has sold its International Identity Solutions business to American specialist company HID Global for £42m.

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