23rd Jan 2008 12:43
Guinness Peat Group PLC23 January 2008 Newbury Racecourse plc The following is the text of a letter which is being sent today by Guinness PeatGroup plc ("GPG") to Newbury Racecourse plc ("Newbury") in connection with GPG'spurchase of shares in Newbury, "Disclosure of Interest in Shares pursuant to Rule 8.1/8.3 of the Takeover Code("the Code") Guinness Peat Group plc and its subsidiary companies ("the Group") hereby notifyNewbury Racecourse plc ("Newbury") that, following the on-market acquisitions on22 January 2008 of 5,000 Ordinary shares of Newbury ("Shares") at £11.00 perShare and a further 3,300 Shares at £11.50, the Group's direct interest nowamounts to 637,318 Shares representing 20.93% of the issued share capital ofNewbury. The Group has no interest in options or derivatives in the shares of Newbury.Therefore, following the above transaction, in accordance with its disclosureobligations under Rule 8.1/8.3 of the Code, the Group has a long interest inrelevant securities (as defined in the Code) in aggregate totalling 20.93% ofthe issued shares of Newbury. The Group has an interest by virtue of being a Rule 8.1/8.3 shareholder ofNewbury. No member of the Group is party to any agreement or arrangementrelating to the exercise of any rights conferred by holding the Shares thesubject of this notification" Richard Russell Company Secretary Guinness Peat Group plc Tel: (0) 20 7484 3370 23 January 2008 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Coats