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INM Independent News & Media Plc

0.0919
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.00 0.00% 0.0919 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.0919 EUR

Independent News & Media (INM) Latest News

Real-Time news about Independent News & Media Plc (London Stock Exchange): 0 recent articles

Independent News & Media (INM) Discussions and Chat

Independent News & Media Forums and Chat

Date Time Title Posts
01/8/201902:37INM5
29/3/201918:54When will we ever learn?129
26/11/201416:25Incisive Buying168
19/2/201410:29Independent News and Media675

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Independent News & Media (INM) Most Recent Trades

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Independent News & Media (INM) Top Chat Posts

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Posted at 01/8/2019 02:37 by spob
SCHEME is EFFECTIVE

The board of directors of Independent News & Media plc ("INM") announces that the Scheme became effective today, 31 July 2019.

Despatch of cheques and crediting of CREST accounts for Consideration due under the Scheme is expected to occur on 9 August 2019 and in any event by no later than 14 August 2019, in accordance with the terms of the Scheme.
Posted at 30/7/2019 17:51 by spob
30 July 2019

The board of directors of Independent News & Media plc ("INM") announces that the High Court of Ireland has today approved the Scheme.

The Scheme shall become effective on delivery to the Registrar of Companies of the Court Order together with the minute required by Section 86(1) of the Act confirming the capital reduction necessary to implement the Scheme and registration of the Court Order and minute by the Registrar of Companies. This is expected to occur on 31 July 2019. Accordingly, the Scheme is expected to take effect on 31 July 2019.

Trading of INM shares on Euronext Dublin and the main market of the London Stock Exchange will be suspended from 7:30 a.m. on 31 July 2019 and cancellation of INM shares to trading on Euronext Dublin and the main market of the London Stock Exchange will, subject to the Scheme becoming effective on 31 July 2019, take effect from 8:00 a.m. on 1 August 2019.
Posted at 19/7/2019 12:55 by spob
Scheme Court Hearing As soon as practicable after the satisfaction of regulatory clearances which is expected to be in the third quarter of 2019 ("D")



Expected last day of dealings in, and for the registration of transfers of, INM Ordinary Shares = D


Scheme Record Time. 11.59 p.m. on D


Effective Date and Effective Time of the Scheme. D+1 Business Day


Cancellation of listings of INM Ordinary Shares. By 8.00 a.m. on D+1 Business day

Despatch of cheques and crediting of CREST accounts for cash consideration due under the Scheme. Within 14 days of the Effective date


End Date. 31 December 2019
Posted at 19/7/2019 12:44 by spob
16 July




The board of directors of Independent News & Media plc ("INM") announces that, following the Scheme Meeting and the EGM held on 26 June 2019 in connection with the recommended cash offer by Mediahuis NV ("Mediahuis") for the entire issued and to be issued share capital of INM to be effected by way of a scheme of arrangement between INM and its shareholders under Chapter 1 of Part 9 of the Companies Act 2014, the Court Hearing, where sanction of the Scheme by the High Court will be sought, has been set for 30 July 2019 at 10.30am.
Posted at 28/3/2018 14:44 by lbo
https://www.independent.ie/business/media/davy-changes-inm-outlook-to-under-review-36751903.html
Posted at 26/3/2018 13:10 by lbo
https://www.independent.ie/business/media/inm-inform-stock-exchange-of-odce-probe-36743705.html
Posted at 04/12/2017 14:24 by lbo
https://www.businesspost.ie/opinion/irelands-biggest-media-company-inm-plenty-cash-still-faces-serious-challenges-ahead-403726http://radiotoday.ie/2017/11/communicorp-takes-another-denis-obrien-loan/
Posted at 29/11/2016 21:18 by hybrasil
Oh dear. Mr Pitt doesn't agree with the price mr Buckley wants to pay Denis for communicorp.
Posted at 17/10/2013 23:34 by carlo sartori
Caveat, I have huge confidence that the INM share price will move strongly northwards from here. Post the Capital raising event to raise €40m the Group will have VERY reasonable debt levels, costs well in control and revenues beginning to move north. A heady coctail, all-in-all the omens are excellent!

I believe and hope so.

Carlo
Posted at 18/9/2012 11:41 by pdosullivan
Unfortunately the problem with your claim that I merely parrot what others say is that I covered Independent News & Media when I covered the sector as a sell-side analyst. Thus, I suspect that I understand the workings of the company rather better than you give me credit for.

In any event, the share price performance of late has been rather in line with my own forecasts, and not at all with what you endorse (which brings us back to my opening sentence), so I think impartial followers of the stock will draw their own conclusions from that.

Might I also take this opportunity to note that the obvious problems with the argument sketched out above at this time are: (i) investor concerns around South African assets given recent labour disputes (which could easily dampen the sale price of INM South Africa); and (ii) the recent collapse in INM's 30% owned Australian associate APN News & Media's share price. Added to continued challenging advertising conditions in Ireland these pose continued near-term headwinds for the INM share price outlook. And that's before we even get onto INM's bank facilities, which mature in less than 2 years.

And sadly for Caveat_Emptor, no amount of ad hominem attacks will compensate for those challenges.
Independent News & Media share price data is direct from the London Stock Exchange

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