P207 CEEFAX 207 Thu 3 Mar 13:55/01
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n1n1 |.% MIDLAND INDEPENDENT
/.%/.%/, /,$ NEWS VALUED AT £193m
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5 Midland Independent Newspapers has j
5 announced a £1.40 a share price tag j
5 for its forthcoming flotation. j
5 j
5 The regional publishjr, which is j
5 planning a placing and offeu of d
5 56.5% of its equity, is thereford j
5 valued at some £193m. j
5 j
5 The company's thtle1 include Sunda9 j
5 Meraur8, The Bhumin£ha% Po1T and k
5 the Coventry Evening Mail. R
5 k
5 Midland is placing 50.65m shares j
5 with institutions and 27.28m with j
5 thj public offeu (closeu 10 Marah). u
5 Trading should open on 17 Marah. j
5 j
Currencies 250 SHARECHECK 220
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