12 September 2023
Xeros Technology Group plc
('Xeros' or the 'Company' or the 'Group')
Notice of Results and Online Presentations
Xeros Technology Group plc (AIM: XSG), the creator of technologies that reduce the impact of clothing on the planet, will announce its interim results for the six months ended 30 June 2023 on Wednesday, 27 September.
As part of the Group's Results roadshow, the management will host the following online presentations:
A briefing for equity analysts will be held online at 10.00am on that day hosted by Neil Austin (Chief Executive Officer) and Alex Tristram (Director of Finance). Equity analysts wishing to join should contact Belvedere on [email protected].
An online investor presentation and Q&A session, which is open to all existing and potential shareholders via the Investor Meet Company platform on Monday, 2 October at 2.30pm.
https://www.investormeetcompany.com/xeros-technology-group-plc/register-investor
Investors who already follow Xeros on the Investor Meet Company platform will automatically be invited.
The Company also announces that its nominated adviser and broker finnCap Ltd, has changed its name to Cavendish Capital Markets Limited.
Enquiries:
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Xeros Technology Group plc Neil Austin, Chief Executive Officer Alex Tristram, Director of Finance
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Tel: 0114 269 9656 |
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Cavendish Capital Markets Limited (Nominated Adviser and Broker) Julian Blunt/Teddy Whiley, Corporate Finance Andrew Burdis/Sunila de Silva, ECM
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Tel: 020 7220 0570 |
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Belvedere PR Cat Valentine Keeley Clarke |
Mob: 07715 769 078 Mob: 07967 816 525
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About Xeros
Xeros Technology plc has developed patented and proven, industry-leading technologies which reduce the environmental impact of how industries make and care for clothes.
In industrial and domestic laundry and garment manufacturing, traditional wet processing methods use billions of litres of fresh water, large amounts of energy and chemicals, damage and weaken fibres, and create environmental pollution. It is estimated that washing machines contribute 35% of the 171 trillion microplastic particles in the ocean.
A range of factors are exerting pressure on these industries, including consumers, the media, NGOs and regulators, with legislative action beginning to be taken.
Xeros' three main technologies, Filtration, Finish, and Care, facilitate garment manufacturers, industrial laundries, and domestic washing machine manufacturers to reduce their environmental impact, whilst also significantly improving efficiency in the process.
Xeros' model is to generate revenues from licence fees and royalties. Currently, the are 8 agreements in place. The addressable markets in Filtration, Finish and Care are estimated to be £3bn, £2bn and £2bn respectively.