REG - Sorted Group Hldgs. - Directorate Change

Sorted groupAnnouncement

28/05/2024 08:15

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RNS Number : 0770Q  Sorted Group Holdings PLC  28 May 2024

This announcement contains inside information for the purposes of Regulation
11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310.  With the
publication of this announcement via a Regulatory Information Service, this
inside information is now considered to be in the public domain.

 

28 May 2024

 

Sorted Group Holdings Plc

("Sorted", the "Company" or the "Group")

 

Directorate change

 

Sorted Group Holdings plc (AIM: SORT), a leading provider of delivery
experience and post-purchase technology, announces that Carmen Carey has
stepped down as Chief Executive Officer ("CEO") and Executive Director of the
Group with immediate effect.

 

Carmen will continue to support Sorted during a three month notice period.

 

Whilst the Group plans to appoint a new CEO, in the intervening period, Simon
Wilkinson, the Group's Chairman, will also take on the role of Executive
Chairman. In addition to Simon Wilkinson's software and general management
expertise, Sorted will also draw on the significant experience of its other
existing board members to oversee the operations of the business, including
the distribution and logistics expertise of Petar Cvetkovic, a Non-Executive
Director.

 

In order to recognise Simon Wilkinson's increased involvement in the
operations of the business, Sorted has entered a consultancy arrangement with
him whereby the Group will pay Mr Wilkinson a daily consultancy rate of
£1,750.00 (the "Consultancy Arrangement"). It is anticipated that Mr
Wilkinson will work a maximum of three days per week pursuant to the
Consultancy Arrangement.

 

For further information please contact:

 

Sorted Group Holdings
plc
Tel: +44 (0)3300 555 284

Simon Wilkinson, Chairman

 

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.

 

www.sorted.com (http://www.sorted.com)

@SortedOfficial (https://twitter.com/SortedOfficial)

Media contact - Shaun Weston - shaun.weston@sorted.com
(mailto:shaun.weston@sorted.com)

 

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