Company Announcements

Completion of Belgium casino disposal

Source: RNS
RNS Number : 3587U
Rank Group PLC
01 April 2021


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.





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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