Investor Relations
News Detail
8th Jun 2005
Completion of iTouch sale and AGM statement
At the Annual General Meeting of Independent News & Media PLC [ticker: INWS.L; INWS.I] [.Independent'], the Company said it was pleased to announce that the For-side.com Co. Limited offer for the entire issued and to be issued share capital in iTouch plc ['ITU.L'] had today been declared wholly unconditional. Accordingly, Independent expects to receive it's full cash consideration of STG£67.3m (approx. €100m) by June 24th 2005, at the latest.