Regulatory News and Financial Reports

The Board of Newbury Racecourse PLC today announces that Sarah Hordern has resigned as a Director from the Board with immediate effect. She held the position of Joint Managing Director for six years and prior to that was Finance Director of the Company for five years.The Board is pleased to announce the appointment of Claire Spencer as Finance Director. Claire was previously Group Financial Controller at the Racecourse and has worked at for the Company for three years. She takes up the role with immediate effect.Sarah will conduct a handover period of current duties as well as acting as a consultant to the Racecourse property redevelopment division until 11 April 2014.

Chairman Dominic Burke commented:

“On behalf of the Board, we would like to thank Sarah for her significant contribution to the Racecourse over the past 15 years. We are extremely grateful for the key role she has played in ensuring the successful management of the Company, especially its vital property redevelopment and recent resolving of the shareholder base, which ensure its long term future. We wish her every success for the future. We welcome Claire to the Board and look forward to continuing to work with her during this important period for the Racecourse.”
For further information, please contact:
Hudson Sandler
Tel: 020 7796 4133
Michael Sandler/ Charlie Jack/ Katie Matthews

27 Dec 2013

Board Change

Further to the announcement made on 13 December 2013, Stephen Higgins has resigned as a Director and from The Board of NewburyRacecourse PLC with immediate effect.

Stephen has been with Newbury since 2006 and Director since June 2008.

Chairman Dominic Burke commented:

“On behalf of the Board, we would like to thank Stephen for his immense contribution to the Racecourse and its success and development over many years. We wish him every success for the future.”

For further information, please contact:

Hudson Sandler Tel: 020 7796 4133
Michael Sandler/Charlie Jack/Katie Matthews

18 Dec 2013

Appointment of Chief Executive

The Board of Newbury Racecourse PLC is pleased to announce the appointment of Julian Thick as Chief Executive with effect from 16 December 2013.

Over the last 20 years Julian Thick, 43 has held a number of senior roles in the racing industry having been Managing Director of Aintree, Sandown and Kempton Park racecourses as well as a board member of Jockey Club Racecourses.

As previously announced, the role of Chief Executive is a new role. It has been created as the Board felt it is a necessary position as the Company moves to the next stage of implementing its strategy. The appointment of Julian Thick was taken after an extensive selection process managed by an independent executive search firm. There will be a planned handover of responsibilities to ensure the on-going smooth running of the Company.

Chairman Dominic Burke commented:

“We are delighted to welcome Julian to Newbury Racecourse. His significant racing and commercial experience will help take the business to the next stage of its development as a year round racing, entertainment and events business and we look forward to working with him. I, and my fellow board members, extend our sincere thanks and appreciation to the Company’s former Joint Managing Directors, Stephen Higgins and Sarah Hordern, for their considerable contribution to the success and development of the Company over many years”.

For further information, please contact:
Hudson Sandler

Tel: 020 7796 4133

Michael Sandler/Charlie Jack/Katie Matthews

2 Apr 2013