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Proxy Advisor Supports INM's Recommendation

27 Oct 2009 15:30

RNS Number : 4573B
Independent News & Media PLC
27 October 2009
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๏ปฟ

Glassย Lewisย Recommendsย Shareholdersย 

Vote AGAINST Resolutionย at Second EGM

Proxy Advisor Supportsย 

INM's Recommendation to Shareholders

Dublin/Londonย -ย 27ย October,ย 2009: Independent News & Media PLC ("INM" or theย "Company")ย today announces thatย Glass Lewis, the proxy advisory firm,ย hasย recommendedย that shareholders vote in line withย INM'sย recommendation and AGAINST the resolutionย being putย toย the Extraordinary General Meetingย (EGM)ย onย Friday,ย 13 November, 2009.ย 

Thisย recommendationย follows RiskMetrics Group who also recommended in line with INM andย AGAINST the resolution.

Full details of theย resolutionย and INM's recommendationย isย set out in the Notice of Meeting posted to all shareholders andย whichย is also available on the INM websiteย www.inmplc.com

For furtherย information, please contact:

Media

Pat Walsh

Murrayย Consultants (Dublin)

Tel: +353 1 498 0300

Rory Godson/ Paul Durman

Powerscourt (London)

Tel: +44 20 7250 1446

Investors and Analysts

Mark Kenny/ย Jonathan Neilan

FDย K Capital Source (Dublin)

Tel: +353 1 663 3680ย 

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