30 September 2024
Sorted Group Holdings Plc
("Sorted" or the "Company" or the "Group")
HMRC R&D Tax Credit
Sorted Group Holdings Plc (AIM: SORT), a leading provider of delivery experience and post-purchase technology, is pleased to announce that it has received approximately £1.1 million in cash as a result of a successful His Majesty's Revenue & Customs ("HMRC") research and development ("R&D") tax credit claim (the "R&D Tax Credit Claim"). The R&D Tax Credit Claim relates to Sorted Group Limited's claim made to HMRC in respect of the 15th month period ended 31 December 2023.
The Group intends to apply the proceeds of the R&D Tax Credit Claim towards the general working capital requirements of the Group.
For further information please contact:
Sorted Group Holdings Plc Tel: +44 (0)3300 555 284
Simon Wilkinson, Chairman
Mahmoud Warriah, Chief Financial Officer
Allenby Capital Limited (Nominated Adviser) Tel: +44 (0)20 3328 5656
David Hart
Vivek Bhardwaj
Turner Pope Investments (TPI) Ltd (Broker) Tel: +44 (0)20 3328 5656
James Pope
Andy Thacker
About Sorted
Sorted's Delivery Experience supports retailers in providing exceptional delivery experiences and analysing post-purchase performance. It enables customers to track deliveries and returns or exchange of parcels with ease.
Founded more than a decade ago, Sorted is trusted by leading retailers - such as Asda, ASOS and M&S - to make customer purchase experiences a differentiator.
Media contact - Leah Jones - ljones@thecommsco.com
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