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Closure of Belfast Printing Operation

21 Aug 2015 18:20

RNS Number : 8085W
Independent News & Media PLC
21 August 2015
 



Independent News & Media PLC ("INM" or "the Company")

 

 

CLOSURE OF BELFAST PRINTING OPERATION

 

 

Dublin/London 21 August, 2015: Independent News & Media PLC (INM ID, INM LN) today announced the planned closure of its printing operation in Belfast. INM also confirmed that it remains committed to its Belfast publishing business which will continue as normal. The print closure, which is expected to be implemented by no later than June 2016, is expected to entail a reduction of up to 89 employees, and reflects the industry wide trend of reducing print volumes as consumption of news via digital channels increases, together with the ending of a key contract with a UK publisher in Belfast.

 

 

ENDS

 

Further information, contact:

MEDIA

INVESTORS & ANALYSTS

Nigel Heneghan/Eve Noone

Heneghan PR

+353 1 660 7395 (office)

+353 86 258 7206 (mobile)/+353 87 9144855

nigel@hpr.ie

Robert Pitt

Group Chief Executive Officer

Independent News & Media PLC

+353 1 466 3200

Robert.Pitt@inmplc.com

 

Ryan Preston

Group Chief Financial Officer

Independent News & Media PLC

+353 1 466 3200

Ryan.Preston@inmplc.com

 

 

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