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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sceptre | LSE:SCEL | London | Ordinary Share | GB00B3BNQD36 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSCEL RNS Number : 4325K Sceptre Leisure PLC 20 April 2010 Sceptre Leisure plc ("Sceptre" or the "Company" or "the Group") Sale of Fixed Odds Betting Terminal Rental Business The Company is pleased to announce that on 19th April 2010 it sold its Fixed Odds Betting Terminal (FOBT) rental business to Global Draw Limited for a total cash consideration of GBP3.75m. The FOBT rental business comprises 751 terminals and associated customer contracts, with a net book value of GBP2.8m. The full amount of the consideration was paid in cash on completion, and generated a one-off profit on disposal of GBP0.9m, which will be recognised in the Group's 2010 annual results. The profit before tax attributable to the assets being sold was GBP0.3m over the past twelve months. Sceptre's current trading continues in line with the board's expectations. Ken Turner, Chief Executive of Sceptre Leisure, commented: "This sale of a non-core part of our business is at a significant profit. Its disposal frees up considerable capital and resources across the business to focus on the rollout of machines to our traditional markets in pubs and other leisure outlets where we continue to see strong demand." 20 April 2010 +---------------------+--------------------+ | Sceptre Leisure Plc | +44 (0) 1772 | | | 694242 | +---------------------+--------------------+ | Ken Turner | | +---------------------+--------------------+ | Guy van Zwanenberg | | +---------------------+--------------------+ | | | +---------------------+--------------------+ | | | +---------------------+--------------------+ | Seymour Pierce | + 44 (0) 207 107 | | Limited | 8000 | +---------------------+--------------------+ | Jeremy Porter | | +---------------------+--------------------+ | | | +---------------------+--------------------+ | | | +---------------------+--------------------+ | College Hill | +44 (0) 207 457 | | | 2020 | +---------------------+--------------------+ | Matthew Smallwood | | +---------------------+--------------------+ | Justine Warren | | +---------------------+--------------------+ This information is provided by RNS The company news service from the London Stock Exchange END DISDMGMDVLDGGZM
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