Business
Posting of Circular and Notice of General Meeting
Posting of Circular and Notice of General Meeting.
About this update from Xeros Technology Group Plc
[{"type":"text","content":"\n\n \n\n\n\n\n\n \n\n\n\n\n \nXeros Technology Group plc\n(\"Xeros\", the \"Group\" or the \"Company\")\n \n\nPosting of Circular and Notice of General Meeting\n \nXeros Technology Group plc (AIM: XSG), the creator of technologies that reduce the impact of clothing on the planet, is pleased to confirm that, further to the announcement of 4 April 2024, the shareholder circular (the \"Circular\") providing further details of the Placing, Subscription and Retail Offer and convening the General Meeting, together with a Form of Proxy, has been posted to Shareholders today.\nAs noted, the Circular contains the notice of the General Meeting to be held at the Company's offices at Unit 2 Evolution Advanced Manufacturing Park, Whittle Way, Catcliffe, Rotherham S60 5BL, United Kingdom at 11:00 a.m. on 25 April 2024 (the \"General Meeting\").\nA copy of the Circular will also shortly be available from the Company's website (https://www.xerostech.com/investor).\nCapitalised terms not otherwise defined in the text of this announcement have the meanings given to them in the Company's announcement dated 4 April 2024.\n \n \nEnquiries:\n \n\n\n\n\nXeros Technology Group plc\nNeil Austin, Chief Executive Officer\nAlex Tristram, Finance Director\n \n\n\nTel: 0114 269 9656\n\n\n\n\nCavendish Capital Markets Limited (Nominated Adviser & Broker)\nJulian Blunt / Teddy Whiley / George Dollemore, Corporate Finance\nAndrew Burdis / Sunila de Silva, ECM\n \n\n\nTel: 020 7220 0570\n\n\n\n\nBelvedere PR\nCat Valentine\nKeeley Clarke\n\n\[email protected]\nMob: 07715 769 078\nMob: 07967 816 525\n\n\n\n\n \nAbout Xeros\nXeros Technology plc has developed patented and proven, industry-leading technologies which reduce the environmental impact of how industries make and care for clothes.\nThe traditional wet processing methods used in industrial and domestic laundry and garment manufacturing consume billions of litres of fresh water and large amounts of energy and chemicals, as well as damaging and weakening clothing fibres and creating rising levels of environmental pollution. It is estimated that washing machines contribute 35% of the 171 trillion microplastic particles in the ocean.\nA range of actors, including consumers, the media NGOs and regulators are exerting pressure on these indus...