Independent News & Media Regulatory News (INM)

3 Nov 2009 11:56

Independent News & Media PLC

Issue of Circular convening Extraordinary General Meeting in relation to THE

RESTRUCTURING

Dublin/London - 3rd November, 2009: Independent News & Media PLC ("INM", "the Company" or "the Group") announces that it has today issued a circular to shareholders convening an extraordinary general meeting of the Company ("EGM") to be held at 11.15 a.m. on 26th November, 2009 (or, if later, immediately following the conclusion or adjournment of the Class 1 EGM, convened to be held at 11.00 a.m. on the same day and at the same location) ("Circular"). 

An indicative timetable in relation to the implementation of the Restructuring is set out below. 

The Resolutions to be proposed at the EGM will facilitate, inter alia, the implementation of the Restructuring, which has been previously announced by the Company. 

All capitalised/defined terms in this announcement have the same meaning as those contained in the Circular issued to shareholders.

A copy of the Circular is available for download from the Company's website: www.inmplc.com.

A copy of the Circular, which is being posted to Shareholders in INM today, has also been submitted to the Irish Stock Exchange and the UK Listing Authority, and will shortly be available for inspection at the following locations:

For further information, please contact:

Expected timetable of principal events: 

Event  Time and Date

Date of issue of the Class 1 Circular 2 November 2009

Date of issue of the Share Capital Circular  3 November 2009

First Requisitioned EGM 11.00 a.m. on 3 November 2009

Latest time for submission of block voting instructions 

by Bondholders in respect of the Bondholder Meeting 11.00 a.m. on 6 November 2009

Time and date of Bondholder Meeting to consider 

the Restructuring  11.00 a.m. on 10 November 2009

First Equity Issue 11 November 2009 

Latest time and date for receipt of Forms of Proxy and 11.00 a.m. on 11 November 2009

CREST Proxy Instruction for the Second Requisitioned EGM

Second Requisitioned EGM 11.00 a.m. on 13 November 2009

Latest time and date for receipt of Forms of Proxy and  1 1.00 a.m. on 24 November 2009

CREST Proxy Instruction for the Class 1 EGM

Time and date of Class 1 EGM 11.00 a.m. on 26 November 2009

Latest time and date for receipt of Forms of Proxy and  11.15 a.m. on 24 November 2009

CREST Proxy Instruction for the Share Capital EGM

Time and date of Extraordinary General Meeting  11.15 a.m. on 26 November 2009

Record Date for participation in the Rights Issue 6.00 p.m. on a date not yet determined but expected 

to be on or around the business day following the EGM

Launch of Rights Issue as soon as practicable following the conclusion of the EGM

Ends