Investor Relations
News Detail
Prospectus Issued
Issue of Prospectus, Issue of First Equity Issue Shares and New Bank Facilities Agreement Executed
Dublin/London –11th November, 2009: Independent News & Media PLC (“INM”, “the Company” or “the Group”) announces that it has today issued a Prospectus in connection with (i) the proposed admission of 723,200,000 new Ordinary Shares (the First Equity Issue Shares) to the Official Lists and trading on the Irish Stock Exchange and the London Stock Exchange; and (ii) the Proposed 59 for 50 Rights Issue of 1,844,099,165 new Ordinary Shares at a price of €0.05 each to raise approximately €92.2 million and admission of 92,204,958 new Ordinary Shares (the Underwriting Shares) to the Official Lists and trading on the Irish Stock Exchange and the London Stock Exchange; or (iii) the proposed admission of 1,844,099,165 new Ordinary Shares (the Second Equity Issue Shares) to the Official Lists and trading on the Irish Stock Exchange and the London Stock Exchange (“Prospectus”).
