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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Praesepe | LSE:PRA | London | Ordinary Share | GB00B1263L43 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 5.625 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Dec 2019 to Dec 2024
TIDMPRA
RNS Number : 3061K
Praesepe PLC
13 July 2011
13 July 2011
Praesepe plc
Category B3 gaming machines consultation announcement
Praesepe plc ("Praesepe" or "the Company" or "the Group", AIM:PRA) is delighted that the UK Department of Culture, Media and Sports ("DCMS") has announced the outcome of the Category B3 gaming machines consultation regarding the stake size and number of machines that can be operated from a single gaming venue.
The Government has announced that with effect from today there is an increase in the maximum stake for Category B3 gaming machines from GBP1 to GBP2 and an increase in the maximum number of B3 machines in venues to 20% of the total number of category B3, C and D machines within that venue. These machines are operated in the Group's Adult Gaming Centres (AGCs) and Bingo Clubs.
We are delighted that the Government is supporting the UK gaming sector and in particular UK gaming machine manufacturers.
As previously announced, Category B3 machines are an important part of Praesepe's commercial offering and any increase in stakes should have a positive impact on our business and the potential for revenue growth.
- Ends -
For more information please contact:
Hot Features
Premium
Enquiries:
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Praesepe plc Tel: +44 (0) 7970
Nick Harding, Chief Executive Officer 148 000
Matthew Proctor, Chief Financial Officer Tel: +44 (0) 7985
116 578
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Liberum Capital Limited (Nominated Adviser Tel: +44 (0) 20 3100
and Broker) 2222
Chris Bowman
Richard Bootle
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Brunswick Tel: +44 (0)20 7404
Chris Blundell 5959
Claire Boszko
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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