Source - LSE Regulatory
RNS Number : 2727G
Sorted Group Holdings PLC
30 September 2024
 

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.

 

www.sorted.com

@SortedOfficial

Media contact - Leah Jones - ljones@thecommsco.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDWPUWPBUPCGGU
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Sorted Group Holdings PLC (SORT)

-1.00p (-1.71%)
delayed 16:57PM