Financial analyst De La Rue is in discussions with an equity firm about a potential investment.
It could be done with Disruptive Capital selling up to 40 per cent of the firm for 125p per share, a 14 per cent premium on its pre-announcement share price.
De La Rue shares rose 2.3 per cent, or 2.5p, to 112p following the announcement.
Talks with other parties about the sale of its premium business are ongoing but there is ‘no certainty’ of an agreement, it said.
Raise shares: De La Rue is in talks with private equity firm Disruptive Capital
Basingstoke-based De La Rue reported profits of £7.3million for the six months to September 28, down from £7.9million in the same period last year.
Revenues fell 10 per cent to £145 million.
In October, it made a deal to sell its authentication business to US firm Crane NXT for £300million.
According to Boss Clive Vacher, several groups visited. The industry has been hit by falling demand for the securities but shares have risen 30 percent this year.
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