Independent News CEO ups stake to 27.82 pct

DUBLIN, April 16 (Reuters) - Independent News & Media (INME.I: Quote, Profile, Research) Chief Executive Anthony O'Reilly bought an additional 1 million shares on Wednesday, increasing his stake to 27.82 percent, the company said.

The publisher of newspapers in Ireland, Britain, South Africa and Australasia said O'Reilly had bought the shares for 2.02 euros ($3.20) each and that directors of Independent News & Media (INME.L: Quote, Profile, Research) now held a combined 29.28 percent of the group. (Reporting by Andras Gergely, editing by Will Waterman)