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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Independent News & Media Plc | LSE:INM | London | Ordinary Share | IE00B59HWB19 | ORD EUR0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.0919 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMINM
RNS Number : 3618Q
Independent News & Media PLC
29 November 2016
This announcement contains inside information.
29 November 2016
INDEPENDENT NEWS & MEDIA PLC
Statement Regarding Media Speculation
29(th) November 2016 - Independent News & Media PLC (the "Company"), noting recent media speculation, confirms that an issue arose between the Chief Executive Officer and the Chairman in relation to the terms of a possible acquisition by the Company. Discussions on the possible acquisition ended at a preliminary stage and the acquisition was never considered by the Board. The CEO raised the issue with the Company's Senior Independent Director. The Board established a sub-committee to review the issue and the sub-committee reported to the Board that no issue of concern arose for the Company. The Board has, with the agreed absence of the CEO and Chairman, unanimously adopted the committee's report.
The Board and the Company's management remain fully focussed on the business and in ensuring that day-to-day operations are conducted as normal.
For further information, contact:
Hot Features
Premium
Media Investors & Analysts
Nigel Heneghan Michael Doorly
Heneghan PR Company Secretary
+ 353 1 660 7395 (office) Independent News & Media
+ 353 86 258 7206 (mobile) PLC
nigel@hpr.ie +353 1 466 3260
michael.doorly@inmplc.com
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
END
SPCMMMZMZRNGVZZ
(END) Dow Jones Newswires
November 29, 2016 02:01 ET (07:01 GMT)
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