11th Nov 2009 15:39
RiskMetrics Recommends Shareholders
Vote FOR Resolutions at EGMs on 26 November
Leading Proxy Advisor Supports
INM's Recommendation to Shareholders
Dublin/London - 11 November, 2009: Independent News & Media PLC ("INM" or the "Company") today announces that RiskMetrics Group, the world's leading independent proxy advisory firm, recommends that shareholders vote in line with INM's recommendations and FOR all of the four resolutions being put to shareholders at two Extraordinary General Meetings (EGMs) on Thursday 26 November 2009.
INM's recommendations are set out in the two Notices of Meetings posted to all shareholders. As outlined in those documents, the Board of INM believes that the approval of all four resolutions is in the best interests of the Company, its Shareholders as a whole and its creditors, and recommends that Shareholders vote FOR all resolutions.
Full details of the resolutions and INM's recommendations are set out in the Notices of Meetings which are 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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