RANK GROUP PLC — M&A Activity 2021

Apr 1, 2021

National Storage Mechanism | Additional information

RNS Number : 3587U

Rank Group PLC

01 April 2021

LEI: 213800TXKD6XZWOFTE12

1 April 2021

The Rank Group Plc ('Rank' or the 'Group')

Completion of Belgium casino disposal

Rank confirms that it has now completed the sale of its Blankenberge casino and associated digital licence to Kindred Group plc.

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.

Ends

Contacts: Rank Sarah Powell - investor relations David Williams - public affairs	Tel: +44 1628 504 303 Tel: +44 1628 504 295
Media Enquiries: FTI Consulting LLP (PR adviser to Rank) Edward Bridges                 Alex Beagley	Tel: +44 20 3727 1067 Tel: +44 20 3727 1045

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