SORTED GROUP HOLDINGS PLC

Board/Management Information • May 28, 2024

National Storage Mechanism | Additional information

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

@SortedOfficial

Media contact - Shaun Weston - shaun.weston@sorted.com

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