Business
Completion of Belgium casino disposal
Completion of Belgium casino disposal.
About this update from Rank Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3587U\n Rank Group PLC\n 01 April 2021\n \n \n \n LEI: 213800TXKD6XZWOFTE12\n 1 April 2021\n The Rank Group Plc ('Rank' or the 'Group')\n Completion of Belgium casino disposal\n Rank confirms that it has now completed the sale of its Blankenberge casino and associated digital licence to Kindred Group plc.\n Total consideration for the sale was £25 million on a cash free / debt free basis and has been satisfied in cash. The sale proceeds will support the Group's liquidity and future initiatives derived from its Transformation 2.0 programme.\n \n Ends\n \n \n \n Contacts:\n Rank\n Sarah Powell - investor relations\n David Williams - public affairs\n \n \n \n \n \n Tel: +44 1628 504 303\n Tel: +44 1628 504 295\n \n \n \n \n Media Enquiries:\n FTI Consulting LLP (PR adviser to Rank)\n Edward Bridges \n Alex Beagley\n \n \n \n \n Tel: +44 20 3727 1067\n Tel: +44 20 3727 1045\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.\n END\n \n DISUAVURAAUSRAR\n ","length":3584,"tagName":"div"}]