The sale price of a drum kit in the UK is 950 Pounds + VAT (Value Added Tax), where VAT is a sales tax of 20%. After some negotiation, the owner of the store agrees to give Bob a 12% discount on the drum kit. What is the total price that Bob pays, including VAT? Answer in Pounds and round your answer to the nearest pence (1 pence=1100Pound).

Note: VAT is a sales tax that gets calculated before a discount is applied.