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Indept. News & Media (INM)

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Friday 30 April, 2010

Indept. News & Media

Completion of UK Disposal

RNS Number : 1473L
Independent News & Media PLC
30 April 2010
 



COMPLETION OF DISPOSAL BY INM OF THE INDEPENDENT

AND THE INDEPENDENT ON SUNDAY IN THE UK

TO MR. ALEXANDER LEBEDEV

 

Ticker: (Bloomberg) INM.ID/ INM.LN and (Reuters) INME.I/ INME.L

 

Dublin/London 30th April 2010: Independent News & Media PLC ("INM" or the "Group") is pleased to announce that, following Irish Competition Approval and satisfaction of other conditions, the disposal of The Independent and The Independent on Sunday to Independent Print Limited, a company controlled by the family of Mr. Alexander Lebedev, which was previously announced by the Group on the 25th March 2010, was completed today.

 

- ENDS -

 

For further information, please contact:

 

Gavin O'Reilly

Vincent Crowley

Dónal Buggy

Chief Executive Officer

Chief Operating Officer

Chief Financial Officer

+353 1 466 3200

+353 1 466 3200

+353 1 466 3200

 

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

K Capital Source (Dublin)

Tel: +353 1 663 3680

Email: INM@kcapitalsource.com



 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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