11 Jun 2013 07:00
11 June 2013
Sportech PLC ("Sportech" or "the Group")
Update - VAT repayment claim
Following the announcement on 31 May 2013 that the First-tier Tax Tribunal ("FTT") had refused Her Majesty's Revenue & Customs ("HMRC") permission to appeal against the decision of FTT, HMRC have informed Sportech that they have applied directly to the Upper Tribunal for permission to appeal against the decision of the FTT.
Sportech has been advised that it should expect to hear whether HMRC have been granted the right to appeal in approximately 4 weeks.
The Group will update shareholders as soon as more information is available.
For further information, please contact:
Sportech PLC 020 7268 2400
Ian Penrose, Chief Executive
Brunswick Group LLP 020 7404 5959 / sportech@brunswickgroup.com
Mike Smith, Tom Williams