27th Oct 2009 15:30
Glass Lewis Recommends Shareholders
Vote AGAINST Resolution at Second EGM
Proxy Advisor Supports
INM's Recommendation to Shareholders
Dublin/London - 27 October, 2009: Independent News & Media PLC ("INM" or the "Company") today announces that Glass Lewis, the proxy advisory firm, has recommended that shareholders vote in line with INM's recommendation and AGAINST the resolution being put to the Extraordinary General Meeting (EGM) on Friday, 13 November, 2009.
This recommendation follows RiskMetrics Group who also recommended in line with INM and AGAINST the resolution.
Full details of the resolution and INM's recommendation is set out in the Notice of Meeting posted to all shareholders and which is also available on the INM website www.inmplc.com
For further information, please contact:
Media Pat Walsh Murray Consultants (Dublin) Tel: +353 1 498 0300 |
Rory Godson/ Paul Durman Powerscourt (London) Tel: +44 20 7250 1446 |
Investors and Analysts Mark Kenny/ Jonathan Neilan FD K Capital Source (Dublin) Tel: +353 1 663 3680 |
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