- Best of the Best, which runs competitions to win luxury cars online and at retail locations, expects revenues and profit before tax for the year ended 30 April to be in line with market forecasts.

Best of the Best also noted a Court of Appeal ruling in favour of Sportech.

It says: "As previously reported, following a VAT decision at the First-tier Tribunal concerning Sportech, a company with similar activities in our sector, the Company submitted a protective claim to recover overpaid VAT. Sportech Plc announced yesterday that the Court of Appeal Judges have ruled in favour of Sportech in its appeal case relating to a VAT repayment claim on the 'Spot the Ball' game.

"Her Majesty's Revenue and Customs has been given until 13 May 2016 to apply to the Court of Appeal for permission to appeal to the Supreme Court.

"At present, therefore, this VAT litigation has not been concluded and it remains uncertain whether the Company will receive any repayment from HM Revenue & Customs, but we will update shareholders as this matter progresses."

At 8:13am: [LON:BOTB] Best Of The Best Plc share price was -6p at 206.5p

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