Coats Group PlcLSE: COA

Disposal of Investment

· Issued by Coats Group Plc
RNS Number : 3198R
Guinness Peat Group PLC
16 November 2012
 

GUINNESS PEAT GROUP plc

("GPG" or "the Company")

ANNOUNCEMENT

GPG announces that it has completed the sale of its entire holding of 1,428,174 Ordinary Shares in Newbury Racecourse plc, a company quoted on the PLUS Stock Exchange in the UK.  The cash consideration of £6,426,783 was received on completion.

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7484 3370

16 November 2012

Enquiry details are:

New Zealand and Australian media:               Geoff Senescall on:                 +64 9 309 5659

UK media:                                                                   Kevin Smith on:                        +44 20 7282 1054


This information is provided by RNS
The company news service from the London Stock Exchange
 
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