Business
Receipt of R&D tax credit
Receipt of R&D tax credit.
About this update from Strip Tinning Holdings Plc
[{"type":"text","content":"\n\n \nThis announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (\"MAR\"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered in the public domain. \nStrip Tinning Holdings plc\n(\"Strip Tinning\" or the Company\")\nReceipt of c. £700k FY22 R&D tax credit\nStrip Tinning Holdings plc (AIM: STG), a leading supplier of specialist connection systems to the automotive sector, is pleased to advise that it has now received payment from HMRC in the amount of £698k in respect of its FY22 R&D tax credit. This payment, which includes interest, is more than the amount previously notified on 1 April 2025. There remains an element outstanding for the FY22 claim of £122k over which the Company are still in discussions with HMRC. It is now expected that payment of the FY23 R&D tax claim will be received in H2/Q3 2025.\nThe person responsible for arranging the release of this information on behalf of the Company is Adam Robson, Executive Chair\nEnquiries:\nStrip Tinning Holdings plc \nAdam Robson, Executive Chair\nMark Perrins, Chief Executive Officer &...