Coats Group Plc Regulatory News (COA)

24 Jan 2008 12:22

Guinness Peat Group PLC24 January 2008 Newbury Racecource plc The following is the text of a letter which is being sent today by Guinness Peat Group plc ("GPG") to Newbury Racecourse plc ("Newbury") in connection withGPG's purchase 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 on23 January 2008 of 5,500 Ordinary shares of Newbury ("Shares") and on 24 January2008 of 50,104 Shares, all at £11.50 per Share, the Group's direct interest nowamounts to 692,922 Shares representing 22.76% of the issued share capital ofNewbury. The Group has no interest in options or derivatives in the shares of Newbury.Therefore, following the above transactions, 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 22.76% 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 RussellCompany Secretary Guinness Peat Group plc Tel: (0)20 7484 3370 24 January 2008 This information is provided by RNS The company news service from the London Stock Exchange