REG - Rank Group PLC - Business Update

RankAnnouncement

25/08/2021 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.
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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



 
               
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