Wednesday June 3, 2020

Dutch investor ramps up INM stake

Cornilesse now largest individual backer after O’Brien

Ian Guider

Markets Editor

@ianguider
10th July, 2016
Independent News & Media head offices on Talbot Street in Dublin

A low-profile Dutch hedge fund manager has emerged as the owner of the fourth-biggest block of shares in Independent News & Media, which has seen its stock price slump by more than 20 per cent this year.

Bram Cornelisse owns the stake via Farringdon Capital Management (FCM). Although the fund directly owns just 0.15 per cent of the newspaper publisher’s shares, a filing shows that his holding has been increased to 4.4 per cent through contracts...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures

Tom Maguire | 1 month ago

What’s coming up today and what you might have missed

Hannah O’Brien | 5 months ago