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 its full cash consideration of STG.

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"INM has a very clear, compelling and coherent strategy for growth, with a very resolute and sturdy version of our newspaper brands' place within the fast-changing media matrix."

Gavin O'Reilly, Chief Operating Officer
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