INM to delist NZX shares not traded since 2007
The Irish parent of Australasia's APN News & Media is delisting shares which haven't traded on the New Zealand stock exchange since 2007.
BUSINESSDESK: Independent News & Media, the Irish parent of Australasia’s APN News & Media, is delisting shares which haven't traded on the New Zealand stock exchange since 2007.
The locally listed shares last traded on September 28, 2007, for $5.30. INM will continue to list on the Dublin and London stock exchanges, with its NZX delisting is effective from June 22.
Shareholders are advised to contact their local broker or company secretary Geoff Caisley on how they can trade in their shares, the company said.
APN News & Media owns the New Zealand Herald, NZ Magazines, APN Regional Newspapers, APN Print and The Radio Network, including Newstalk ZB, ZM and Radio Hauraki.
In a separate announcement, INM has appointed Allan Marshall as an independent director, effective immediately.
Mr Marshall founded the publishing advisory service iMedia and is now heading the Telegraph Media Group technology transformation.
Hannah Lynch
Fri, 15 Jun 2012
Fri, 15 Jun 2012
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INM to delist NZX shares not traded since 2007
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