Business Update

RNS Number : 6684J

Rank Group PLC

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

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