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Pin to quick picksRank Regulatory News (RNK)

Rank Information

Share Price Information for Rank (RNK)

London Stock Exchange
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Share Price: 94.80
Bid: 92.20
Ask: 95.00
Change: 4.80 (5.33%)
Spread: 2.80 (3.037%)
Open: 90.00
High: 95.00
Low: 90.00
Prev. Close: 90.00
RNK Live PriceLast checked at -

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Business Update

25 Aug 2021 07:00

RNS Number : 6684J
Rank Group PLC
25 August 2021
 

25 August 2021

The Rank Group Plc LEI: 213800TXKD6XZWOFTE12

The Rank Group Plc (LSE: RNK) ('Rank' or 'the Group') provides an update on its VAT refund claim

The Group notes the decision by HM Revenue and Customs ('HMRC') that it has decided not to appeal the decision handed down by the First-tier Tribunal on 30 June 2021 regarding VAT paid on slot machine income in the period from April 2006 to January 2013.

The First-tier Tribunal has agreed a 60-day extension to allow HMRC and Rank to agree the exact quantum of the claim which Rank still expects to be c.£80m.

Ends

 

Contacts:

 

Rank

 

Sarah Powell - investor relations

Tel: +44 1628 504 303

 

 

FTI Consulting LLP (PR adviser to Rank)

 

Edward Bridges

Tel: +44 20 3727 1067

Alex Beagley

Tel: +44 20 3727 1045

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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