New Contracts
03 May 2011 - 4:02PM
RNS Non-Regulatory
TIDMSCEL
Sceptre Leisure PLC
03 May 2011
Sceptre Leisure Plc
("Sceptre" or the "Company")
New Contracts
Sceptre is pleased to announce that it has secured three new
sole-supply contracts worth an estimated GBP1.5m to provide
amusement and gaming machines:
-- Joseph Holt Limited has awarded a new two-year contract to
Sceptre for 100% sole supply to its 130-location managed and
tenanted estate. The contract continues the close working
relationship built up over more than twelve years
-- De Vere Hotels has extended its current two-year sole-supply
agreement with Sceptre for a further twelve months to August 2012.
The contract covers De Vere's nationwide estate of hotels
-- The McManus Pub Company Limited has awarded a new two-year
contract for 100% sole supply to its 13-strong pub estate
Commenting on the deals Ken Turner, Sceptre's chief executive,
said:
"These new deals demonstrate our continued progress towards
becoming the number one machine operator in the UK pub market.
Sceptre will continue to follow its strategy of growth both through
organic contract gains, and also through selected strategic
acquisitions.
"With the trend towards consolidation gathering pace, I believe
that Sceptre remains well-placed to take advantage of new
opportunities as they arise."
3 May 2011
Enquires
Sceptre Leisure plc
Ken Turner
Mark White +44 (0) 1772 694242
Panmure Gordon (NOMAD)
Andrew Burnett (Corporate Finance)
Adam Pollock (Corporate Broking) +44 (0) 20 7459 3600
College Hill
Matthew Smallwood
Jamie Ramsay +44 (0) 20 7457 2020
This information is provided by RNS
The company news service from the London Stock Exchange
END
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