30 April 2024
Sorted Group Holdings Plc
("Sorted", 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 £2.0m in research and development ("R&D") tax credits from His Majesty's Revenue & Customs ("HMRC") (the "R&D Tax Credit"). The R&D Tax Credit relates to Sorted Group Limited's claim made to HMRC in respect of the financial year ended 30 September 2022.
The R&D Tax Credit has directly been applied towards reducing the Group's pay as you earn ("PAYE") and value added tax ("VAT") liabilities for the financial year ended 31 December 2023 and to 29 February 2024.
For further information please contact:
Sorted Group Holdings Plc via Allenby Capital
Simon Wilkinson, Chairman
Carmen Carey, Chief Executive Officer
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 3657 0050
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 - Shaun Weston - shaun.weston@sorted.com
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