REG - Sorted Group Hldgs. - HMRC R&D Tax Credit

Sorted groupAnnouncement

30/04/2024 07:00

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RNS Number : 4794M  Sorted Group Holdings PLC  30 April 2024

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.

 

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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