Independent News & Media PLC Directorate Change (1664Z)
29 August 2018 - 11:00PM
UK Regulatory
TIDMINM
RNS Number : 1664Z
Independent News & Media PLC
29 August 2018
INDEPENDENT NEWS & MEDIA PLC
APPOINTMENT OF NEW DIRECTOR
Ticker: (Bloomberg) INM.ID/INM.LN and (Reuters)
INME.I/INME.L
Dublin, 29 August 2018: Independent News and Media PLC ("INM" or
the "Company") announces that Mr. Kieran Mulvey has been appointed
as a non-executive Director of the Company with effect from
today.
Mr. Mulvey has been nominated to the Board by Mr. Denis O'Brien,
the Company's largest shareholder and, accordingly, the Board has
determined that Mr. Mulvey should not be considered to be
independent on application of the independence criteria set by the
UK Corporate Governance Code. INM is currently actively engaged in
securing a further candidate for appointment to the Board to
restore compliance with the Board constituent provisions of the
Code. The Company hopes to make a further announcement in this
regard in the coming months.
Mr. Mulvey has had a distinguished career in public service
having been Director General of the Workplace Relations Commission,
and formerly Chief Executive of the Labour Relations Commission,
for over 25 years until his retirement in 2016 and has served on
the governing boards of a number of public bodies including
University College Dublin, the Independent Radio and Television
Commission and the National Economic and Social Council. He is
currently a Director of Dublin City University DAC, Chairman of
Adare Human Resources Ltd, Chairman of Sport Ireland and
Trustee/Treasurer of the registered charity, the International
Foundation for the Protection of Human Rights Defenders. Mr. Mulvey
has extensive experience on projects with the European Union and
the International Labour Organisation and since his retirement has
been engaged by the Government on a number of strategic issues. He
is the recipient of Honorary Doctorates from the National
University of Ireland and University College Dublin.
Murdoch MacLennan, Chairman of INM said: "I would like to
welcome Kieran to the INM Board. His wide-ranging industrial
relations and business experience will add significantly to the
calibre of our Board as we face up to the many challenges that lie
ahead."
Mr. Mulvey does not hold, and has not in the past five years
held, a directorship in any other publicly quoted company.
The Company hereby confirms that Mr. Mulvey has no further
disclosures to make in accordance with Rule 6.6.7 (1) to (6) of the
Listing Rules of Euronext Dublin and Rule 9.6.13 (1) to (6) of the
Listing Rules of the UK Listing Authority.
Ends.
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END
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