De La Rue tanks as SFO launches probe over South Sudan conduct
Shares in banknote printer De La Rue tanked on Tuesday after it said the Serious Fraud Office has launched an investigation over "suspected corruption" in its business conduct in South Sudan.
De La Rue
89.60p
16:49 26/04/24
2.99%
2.60p
FTSE All-Share
4,423.59
17:14 26/04/24
n/a
n/a
FTSE Small Cap
6,484.28
16:59 26/04/24
n/a
n/a
Support Services
10,641.76
16:59 26/04/24
1.12%
118.01
De La Rue said it plans to co-operate with the SFO in its investigation.
"Given the early stage of these matters, it is not possible to predict reliably what effect their outcome may have on De La Rue," it said, adding that a further update will be provided as and when appropriate.
At 1455 BST, the shares were down 13% at 260.50p.