RNS No 7170q
G R HOLDINGS PLC


COMPANY NAME:
GR HOLDINGS PLC

COUNTRY OF INCORPORATION:
ENGLAND AND WALES UNDER THE COMPANIES ACT 1985 WITH REGISTRATION NUMBER 
449563

COMPANY BUSINESS:
THE PRINCIPAL COMPANY BUSINESSES ARE:
(a) the operation of Grayshott Hall, a health fitness retreat;
(b) transactions involving property;
(c) the manufacture and sale of Morlands sheepskin car rugs, footwear and
    other products, and
(d) investment

DETAILS OF SECURITIES TO BE ADMITTED (ie, where known, number of shares, nominal
value and issue price):

- Ordinary shares of 5p each (Authorised 27,000,000) 13,168,100 Allotted.
- 10 1/2 per cent second cumulative preference shares of #1 each (Authorised
  1,600,000) 1,550,108 Allotted 

CAPITAL TO BE RAISED ON ADMISSION:
N/A

FULL NAMES AND FUNCTIONS OF DIRECTORS, INCLUDING PROPOSED DIRECTORS:
- Anthony David Stalbow (Chairman and Managing Director)
- John Adrian Stalbow (Executive Director)
- John Henry James Lewis (Non-executive)


PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A
PERCENTAGE OF THE ISSUED SHARE CAPITAL:

                                    ORDINARY SHARES OF 5P EACH    PERCENTAGE
A. Stanford and Company Limited 1              9,882,869             75.05
Barclays Nominees (Branch) Nominees 2          1,050,500              7.98
Mrs Z B Pomson                                 1,040,000              7.89
Guinness Peat Group PLC                          747,268              5.67

1 A D Stalbow and J A Stalbow have interests in the share capital of this
  company,

2 The Dirctors have not been nofified of any individual owner of 3% or more
  contained within this holding

                                    SECOND CUMULATIVE PREFERENCE OF
                                                         #1 EACH
Boden & Hubbard                                          426,776    27.53
Chase Nominees                                           293,500    18.93
Pershing Keen Nominees Limited                           247,975    15.99
Cuim Nominees Limited                                    110,000     9.10
A D Stalbow                                              116,437     7.51
           

NAMES AND ADDRESSES OF PROMOTERS:
N/A

NAME AND ADDRESS OF NOMINATED ADVISOR:

Beeson Gregory Limited, The Registry, Royal Mint Court, London EC3N 4EY

NAME AND ADDRESS OF NOMINATED BROKER:
Beeson Gregory Limited, The Registry, Royal Mint Court, London EC3N 4EY

AVAILABILITY OF ADMISSION DOCUMENT AT TIME OF ADMISSION, TO CONTAIN FULL DETAILS
OF THE COMPANY AND OF ITS SECURITIES:
N/A

DATE:
Tuesday 22 July 1997

NEW/UPDATE
New annoncement relating to transfer from Official List of the London 
Stock Exchange

END


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