HMRC R&D Tax Credit

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 15^th 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: [phone]

Simon Wilkinson, Chairman

Mahmoud Warriah, Chief Financial Officer

Allenby Capital Limited (Nominated Adviser)                                            Tel: [phone]

David Hart

Vivek Bhardwaj

Turner Pope Investments (TPI) Ltd (Broker)                                              Tel: [phone]

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 - [e-mail]

 

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