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RNK Rank Group Plc

87.60
0.80 (0.92%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rank Group Plc LSE:RNK London Ordinary Share GB00B1L5QH97 ORD 13 8/9P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.80 0.92% 87.60 87.60 88.80 89.20 86.80 86.80 73,534 16:16:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Amusement & Rec Svcs, Nec 681.9M -95.3M -0.2034 -4.31 410.34M

Rank Group PLC Supreme Court decides in Rank VAT case (4872S)

08/07/2015 10:30am

UK Regulatory


Rank (LSE:RNK)
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RNS Number : 4872S

Rank Group PLC

08 July 2015

8 July 2015

The Rank Group Plc

Supreme Court decides in Rank VAT case

The Rank Group Plc ("Rank or Company"") notes the decision of the Supreme Court in favour of HM Revenue & Customs ("HMRC") regarding claims for overpaid VAT on certain types of amusement machines between 2002 and 2005. Following a Court of Appeal ruling against the Company in October 2013, Rank repaid GBP25.2m (in May 2014) of the GBP30.7m received in connection with these claims to HMRC and fully provided for the remainder. As a consequence, the decision has no impact on Rank's financial performance or balance sheet strength in the current or future periods.

Rank will announce its results for the year to 30 June 2015 on the 20(th) August 2015.

Enquiries:

The Rank Group Plc Tel: 01628 504303

Sarah Powell, Director of Treasury & Investor Relations

This information is provided by RNS

The company news service from the London Stock Exchange

END

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