Best of the Best (BOTB)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

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 340.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 340.00p
  • 52 Week Low: 185.00p
  • Currency: UK Pounds
  • Shares Issued: 10.07m
  • Volume: 338
  • Market Cap: £34.23m

Best of the Best collects on £4.5m claim

By Iain Gilbert

Date: Wednesday 23 May 2018

LONDON (ShareCast) - (Sharecast News) - AIM-quoted competitions organiser Best of the Best has received £4.5m from Her Majesty's Revenue and Customs as a result of a 2016 decision by the Supreme Court in favour of online gambling and entertainment business Sportech.
The Supreme Court refused HMRC permission to appeal the court's decision regarding a VAT repayment claim on Sportech's 'Spot the Ball' game on 8 December 2016, resulting in a successful VAT reclaim by the betting technology firm.

BOTB, which had previously submitted a protective claim in 2013 to recover overpaid VAT, then submitted a top-up claim, which, combined with the original amount totalled £4.5m, to HMRC to recover taxes paid over an eight-year period on the game.

However, BOTB noted that it still needs to determine the net positive contribution to the company as professional fees, expenses and taxes remained outstanding and would need to be deducted from the figure.

Elsewhere, HMRC informed BOTB that the company was liable to pay retrospective Remote Gaming Duty for a period of four years. BOTB has sought legal and tax advice and will contest HMRC's claim.

As of 1000 BST, BOTB shares had shot up 15.23% to 280p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

BOTB Market Data

Currency UK Pounds
Share Price 340.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 340.00p
52 Week Low 185.00p
Volume 338
Shares Issued 10.07m
Market Cap £34.23m

BOTB Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.46% below the market average81.46% below the market average81.46% below the market average81.46% below the market average81.46% below the market average
68.83% below the sector average68.83% below the sector average68.83% below the sector average68.83% below the sector average68.83% below the sector average
Price Trend
67.53% above the market average67.53% above the market average67.53% above the market average67.53% above the market average67.53% above the market average
67.90% above the sector average67.90% above the sector average67.90% above the sector average67.90% above the sector average67.90% above the sector average
Income
91.93% below the market average91.93% below the market average91.93% below the market average91.93% below the market average91.93% below the market average
73.08% below the sector average73.08% below the sector average73.08% below the sector average73.08% below the sector average73.08% below the sector average
Growth
30.47% above the market average30.47% above the market average30.47% above the market average30.47% above the market average30.47% above the market average
55.26% above the sector average55.26% above the sector average55.26% above the sector average55.26% above the sector average55.26% above the sector average

BOTB Dividends

  Latest Previous
  Final Special
Ex-Div 06-Sep-18 05-Jul-18
Paid 21-Sep-18 20-Jul-18
Amount 1.50p 4.50p

Trades for 20-Feb-2019

Time Volume / Share Price
16:15 338 @ 332.00p

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