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