14 Jul 2017 07:00
Board Change
Dublin and London 14 July 2017: Independent News & Media PLC (INM ID, INM LN) announces that Jerome Kennedy has informed the Board that he will not be seeking re-election and will retire as a Director at the conclusion of the company's AGM, to be held on 23 August 2017.
INM's Chairman, Leslie Buckley, said "the Board would like to express its sincere gratitude to Jerome for his immeasurable contribution to the Company over the last five years, a period in which INM was restored to a position of financial stability. His experience and guidance were invaluable during this challenging period for the business."
Ends.
For further information, contact:
MEDIA | INVESTORS & ANALYSTS |
Brian Bell Wilson Hartnell +353 1 669 0030 (office) +353 87 243 6130 (mobile) brian.bell@ogilvy.com | Robert Pitt Group Chief Executive Officer Independent News & Media PLC +353 1 466 3200 robert.pitt@inmplc.com
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Ryan Preston Group Chief Financial Officer Independent News & Media PLC +353 1 466 3200 ryan.preston@inmplc.com
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NOTE REGARDING FORWARD LOOKING-STATEMENTS
Some statements in this announcement are forward-looking. They represent our expectations for our business and involve risks and uncertainties. We have based these forward-looking statements on our current expectations and projections about future events. We believe that our expectations and assumptions with respect to these forward-looking statements are reasonable. However, because they involve known and unknown risks, uncertainties and other factors, which are in some cases beyond our control, our actual results or performance, may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements speak only as of the date of this document and no obligation is undertaken, save as required by law or by the Listing Rules of the Irish Stock Exchange and/or the UK Listing Authority, to reflect new information, future events or otherwise.
ABOUT INDEPENDENT NEWS & MEDIA PLC
INM is a market-leading media Group in the Republic of Ireland and Northern Ireland, with a strong newspaper and digital presence. INM is the largest newspaper contract printer, leading online news publisher and wholesale newspaper distributor on the island of Ireland. It manages gross assets of €218.6m and employs approximately 800 people.