April 30, 2018 / 2:43 PM / 3 months ago

Activist Crystal Amber 3.11 percent stake in De La Rue: filing

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

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