Further to the Company's announcement on 28 June 2023, Location Sciences Group PLC (AIM:LSAI) provide a further update on its proposed acquisition of the entire issued share capital of Sorted Holdings Limited (?Sorted?) (the ?Proposed Acquisition?). The Company currently expects to publish an AIM admission document (the ?Admission Document?) in respect of the Proposed Acquisition by the end of January 2024 at the latest, following which point the Company will seek the restoration of trading of the Company's ordinary shares on AIM. A considerable amount of work has already been carried out and the Company continues to diligently progress the transaction towards completion.

Simon Wilkinson, Chairman of Location Sciences, commented: ?We believe that the proposed acquisition of Sorted will deliver a transformational deal to the Company with the potential to deliver considerable future value to all our stakeholders. A huge amount of work has been carried out to progress this transaction in the last few months. We look forward to providing further updates in due course?.

Carmen Carey, CEO of Sorted, commented: ?The management at Sorted is pleased with the collective progress made to date in relation to the proposed transaction while we continue to maintain our core focus of delivering a quality service to our customers?.