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RANK GROUP PLC

Legal Proceedings Report Aug 25, 2021

4760_bfr_2021-08-25_61c8dfa0-f2d5-45b5-8756-4736d58a2760.html

Legal Proceedings Report

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National Storage Mechanism | Additional information

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.

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