NEWBURY RACECOURSE PLC: Result of General Meeting regarding Share Buy-Back

NEWBURY RACECOURSE PLC: Result of General Meeting regarding Share Buy-Back
FOR IMMEDIATE RELEASE 
15 November 2012 
Newbury Racecourse PLC 
Result of General Meeting in relation tothe Share Buy-Back of 1,428,174 
Ordinary Shares owned by GPG (UK) Holdings plc ("Share Buy-Back") 
Newbury Racecourse PLC (the "Company"), the racing, entertainment and events
business is pleased to announce that at the General Meeting of the Company held
today, all of the resolutions were duly passed by Shareholders and the Company
has today completed the purchase of 1,428,174 Ordinary Shares from GPG (UK)
Holdings plc, representing approximately 29.9 per cent. of the issued share
capital of the Company (the "GPG Shares") at a price of 450 pence per share. 
The Company has today drawn-down £6.5m under the loan agreement with Compton
Beauchamp Estates Limited to purchase the GPG Shares. The GPG Shares purchased
by the Company have been cancelled and therefore, the Company's issued share
capital will, immediately following completion, comprise of 3,348,326 Ordinary
Shares. 
Following completion of the Share Buy-Back, the voting rights attributable to
the Ordinary Shares held by Compton Beauchamp Estates Limited and Erik Penser
constitute approximately 40.9 per cent. of the issued share capital of the
Company. 
The Directors' percentage holdings in the Company, as a result of the
completion of the Share Buy-Back and cancellation of the GPG Shares are as
follows: 


                               Ordinary     Percentage of 
                               Shares       Issued Share  
                                            Capital       


                                                      
Dominic Burke                  23,000       0.69%          
                                                      
John Dodds                     -            -              
                                                      
The Honourable Harry Herbert   12,924       0.39%          
                                                      
Stephen Higgins                1,500        0.04%          
                                                      
Sarah Hordern                  16,725       0.50%          
                                                      
Lady Madeleine Lloyd-Webber    319,656      9.55%          
                                                      
Christopher Spence             2,250        0.07%          
                                                      
Erik Penser                    302,327      9.03%          
                                                      
Compton Beauchamp Estate       1,068,073    31.90%        
Limited                                                    
                                                      
Brian Stewart-Brown            13,332       0.40%          
                                                      
Laurie Todd                    -            -              
                                                      
Total                          1,759,787    52.6% 
      
ENQUIRIES 
Newbury Racecourse plc Tel: 01635 40015
Sarah Hordern (Joint Managing Director) 
Hudson Sandler Tel: 020 7796 4133
Michael Sandler/Charlie Jack/Katie Matthews 
END 
-0- Nov/15/2012 16:25 GMT
 
 
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