(SCEL.L) Sceptre Leisure PLC Buy/Sell

RNS Number : 1926B Sceptre Leisure PLC 22 October 2009

Sceptre Leisure plc

("Sceptre" or the "Company" or "the Group")

AGM statement

At the Annual General Meeting of Sceptre Leisure plc to be held later today, the Chairman Douglas Yates will make the following comments on current trading:

"During the first 5 months of the current year the Company has traded well, continuing the positive trend established in the second half of last year, with sales for the five month period to 30th September 2009 of £17.5m compared to £18m for the six month period to 31st October 2008. Sceptre has further grown its installed base of machines in both the pub market with significant new wins in the period and in licensed betting offices.

"Sceptre continues to see the benefit of its merger with Gamingking which has allowed cross -marketing of Sceptre's products into the social club market and the successful trial and planned roll out of Gamingking's lottery products in pubs.

"The Company operates in an evolving, dynamic marketplace where there remains much opportunity. Sceptre is well positioned to take advantage of that opportunity both through organic growth and through selected acquisition.

"As mentioned at the time of the release of our figures on 8th October, we are in negotiations with our bankers to renew and increase our overdraft facilities, these discussions are continuing to move forward in a positive manner and the board remains confident of resolving the matter in the near future."

22 October 2009

Enquiries:

Sceptre Leisure plc Today: 0207 457 2020
Ken Turner Thereafter: 01772 694242
Seymour Pierce (NOMAD) 0207 107 8000

Sarah Jacobs / Richard Feigen / Christopher Wren
College Hill 0207 457 2020

Matthew Smallwood / Jamie Ramsay

This information is provided by RNS The company news service from the London Stock Exchange

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