TIDMRNK
RNS Number : 4325S
Rank Group PLC
18 May 2009
18 May 2009
Rank announces management change at Mecca Bingo
The Rank Group ("Rank" or "the Group") announces that Simon Wykes, managing
director of Mecca Bingo has left Rank. The Group has begun a process to select a
new managing director for the business, which operates 103 licensed bingo clubs
across Great Britain.
In the interim, Rank's chief executive Ian Burke has assumed direct operational
management of the business.
Ian Burke said: "Simon has worked hard to stabilise Mecca Bingo during a period
in which the industry has had to adapt to the effects of the smoking ban, the
loss of Section 21 gaming machines and rising taxation. We have entered a new
phase in our strategy, as we look to move beyond stabilisation to rebuilding
Mecca Bingo's profits. On behalf of the board I would like to thank Simon for
his hard work and to wish him well for the future."
At the time of the publication of its interim management statement on 22 April
2009, Rank reported 1% revenue growth at Mecca Bingo for the first 16 weeks of
the financial year.
Ends
The Rank Group Plc
Dan Waugh, director of investor relations01628 504 053
Financial Dynamics
Ben Foster / Marc Cohen020 7831 3113
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