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SORT Sorted Group Holdings Plc

79.00
0.00 (0.00%)
20 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sorted Group Holdings Plc LSE:SORT London Ordinary Share GB00BPDX2041 ORD 62.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 79.00 78.00 80.00 79.00 79.00 79.00 400 08:00:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Sorted Group Holdings PLC Renewal of M&S Contract

27/03/2024 7:00am

RNS Regulatory News


RNS Number : 4232I
Sorted Group Holdings PLC
27 March 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.

 

27 March 2024

 

Sorted Group Holdings Plc

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

 

Renewal of M&S Contract

 

Sorted Group Holdings Plc (AIM: SORT), a leading provider of delivery experience and post-purchase technology, is pleased to announce it has entered into a 12-month renewal agreement with the retailer Marks and Spencer Group PLC ("M&S"). The renewal marks a continuation of M&S's commitment to accelerating the growth and consistency of its delivery operations underpinned by Sorted's cloud-based technology, and is based on a continuation of the commercial terms of the existing agreement.

 

The Company has enjoyed a successful partnership with M&S since 2021.  The retailer uses Sorted's 'Ship' carrier management software to integrate its carrier services across multiple distribution centres into one platform, and Sorted's 'Track' post-purchase experience software to monitor performance across in-flight shipments, enabling the retailer to own the customer delivery communication experience.

 

Carmen Carey, CEO of Sorted, commented: "Marks & Spencer has a long legacy of providing brilliant customer experiences, and the move to an increasingly online world shouldn't disrupt that. We are thrilled to be a part of their journey, and the renewal is recognition of our continued partnership and approval of our strategy."

 

For further information please contact:

 

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

Simon Wilkinson, Chairman

Carmen Carey, Chief Executive 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

@SortedOfficial

Media contact - Leah Jones - ljones@thecommsco.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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