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Independent News & Media PLC redenominates share capital into Euro’s
Independent announces that all resolutions were passed by shareholders at an Extraordinary General Meeting of the Company held following its Annual General Meeting on Wednesday 31st May 2000, including a resolution to redenominate the Company's Irish pound share capital into Euros.
The authorised and issued ordinary shares of nominal value IR25p each have been re-nominalised to ordinary shares of nominal value EUR 0.30. Application will be made to the UK Listing Authority and the Irish Stock Exchange for admission to the Official List of the UK Listing Authority and the Official List of the Irish Stock Exchange respectively of the redenominated and re-nominalised ordinary share capital of Company, and also application will be made to the London Stock Exchange for admission to trading of these shares.
This adjustment, which had immediate effect, does not alter the number of listed and fully paid ordinary shares in issue and the existing share certificates continue to be valid.
Ends. Thursday, 8th June 2000 For Reference: Noreen O'Kelly, Company Secretary
Independent News & Media PLC
Tel: +353 - 1 - 475 8432
