Business
Business Update
Business Update.
About this update from Rank Group Plc
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. Ends 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 This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014. 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 . END UPDEAEPLASSFEAA