5 Dec 2016 17:14
INDEPENDENT NEWS AND MEDIA PLC
Result of Extraordinary General Meeting
Ticker: (Bloomberg) INM.ID/INM.LN and (Reuters) INME.I/INME.L
Dublin/London, 5 December 2016: Independent News & Media PLC (the "Company") announces that all resolutions proposed at its Extraordinary General Meeting (the "EGM") held earlier today at the O'Callaghan Alexander Hotel, 41-47 Fenian Street, Dublin 2, Ireland were passed by shareholders following polls conducted at the meeting. The results of the polls conducted at the meeting are set out below.
Resolution | Votes For | Votes Against | Total Votes | Votes Withheld | Total (Inc. Withheld) | |||
Number | % | Number | % | Number | Number | Number | ||
(1) To approve the Capital Reduction | 761,896,668 | 99.88% | 891,394 | 0.12% | 762,788,062 | 22,240 | 762,810,302 | |
(2) To approve the cancellation of Deferred Shares and consequential amendments to the Company's Articles of Association | 761,897,428 | 99.88% | 891,967 | 0.12% | 762,789,395 | 20,907 | 762,810,302 | |
Notes:
1. The "Vote Withheld" option is provided to enable abstention on any particular resolution. It should be noted that a "Vote Withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" or in the Total Votes shown.
2. The total number of ordinary shares eligible to vote was 1,386,547,375.
The full text of the Resolutions was included in the Circular (including notice of EGM) sent to shareholders on 10 November 2016, available on the Company's website, http://www.inmplc.com/investor-relations/.
Capitalised terms used but not otherwise defined in this announcement will have the same meanings given to them within the Circular.
In accordance with the Listing Rules, copies of the Resolutions passed at the EGM have been forwarded to both the Irish Stock Exchange and the UK's National Storage Mechanism and will be shortly available for inspection at the following locations:
Companies Announcement OfficeIrish Stock Exchange28 Anglesea StreetDublin 2Ireland
And
http://www.morningstar.co.uk/uk/NSM
5 December 2016
Michael Doorly
Company Secretary
Independent News & Media PLC
+353 1 466 3260
Ends