LONDON (Reuters) - Activist Crystal Amber on Monday disclosed a 3.11 percent stake in De La Rue (DLAR.L), the company that makes British passports, in a filing to the London Stock Exchange.
Crystal Amber had taken a stake in De La Rue earlier this month after it lost the contract for Britain’s new blue post-Brexit passports to Franco-Dutch firm Gemalto (GTO.AS), Sky News previously reported.
De La Rue’s current contract, which is worth 400 million pounds ($549.44 million), ends in July 2019.
($1 = 0.7280 pounds)
Reporting by Maiya Keidan; editing by Simon Jessop