19 June 2009
News International Contract
Smiths News PLC, the UK’s leading wholesaler of newspapers and magazines, announced in its Interim Management Statement in July 2008 that it had successfully negotiated a new contract with News International which would take effect from July 2009.
At the request of News International, Smiths News has agreed to begin distributing newspapers and magazines to five additional areas (Luton / Harlow, Warrington, Coventry, Lancing (Brighton), Swindon), with effect from next Monday 22 June, two weeks earlier than planned. All other territories will start as planned on 6 July.
Mark Cashmore, Chief Executive of Smiths News commented:
“We are delighted to be able to support News International with its request to accelerate the commencement of this contract. It is a tribute to the quality of our people and our operational planning that we are able to take on these areas two weeks earlier than scheduled.”