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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
 



Glass Lewis Recommends Shareholders 

Vote AGAINST Resolution at Second EGM

Proxy Advisor Supports 

INM's Recommendation to Shareholders

Dublin/London - 27 October, 2009: Independent News & Media PLC ("INM" or the "Company") today announces that Glass Lewis, the proxy advisory firm, has recommended that shareholders vote in line with INM's recommendation and AGAINST the resolution being put to the Extraordinary General Meeting (EGM) on Friday, 13 November, 2009. 

This recommendation follows RiskMetrics Group who also recommended in line with INM and AGAINST the resolution.

Full details of the resolution and INM's recommendation is set out in the Notice of Meeting posted to all shareholders and which is also 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 

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