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SORTED GROUP HOLDINGS PLC

Earnings Release Sep 30, 2024

7924_bfr_2024-09-30_c6f7dac6-2712-435a-aa94-ebeee5500c58.html

Earnings Release

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National Storage Mechanism | Additional information

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 - [email protected]

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