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Xeros Technology Group Plc
Oct 3, 2022 at 12:06 PM UTC
Original
ELI5

Posting of Circular

 

 

 

For immediate release

 

3 October 2022

Xeros Technology Group plc

("Xeros", the "Group" or the "Company")


Posting of Circular

 

Xeros Technology Group plc (AIM: XSG), the creator of technologies that reduce the impact of clothing on the planet, announces, further to the announcement of 30 September 2022, a Circular containing details of the Open Offer and convening the General Meeting, together with a Form of Proxy and application form will be posted to Shareholders today. The Company will also publish the Circular to the AIM Rule 26 section of its website today.

Capitalised terms not otherwise defined in the text of this announcement have the meanings given to them in the Company's announcement dated 30 September 2022.

 

Enquiries:

 

Xeros Technology Group plc

Neil Austin, Chief Executive Officer

Paul Denney, Chief Financial Officer

 

Tel: 0114 321 6328

finnCap (Nominated Adviser & Broker)

Julian Blunt / Teddy Whiley / George Dollemore, Corporate Finance

Andrew Burdis / Sunila de Silva, ECM

 

Tel: 020 7220 0500

Yellow Jersey PR

Sarah Hollins / Lilian Filips / Laurie Gellhorn

Tel: 020 3004 9512

Notes for editors:

POWERED BY SCIENCE, XEROS CREATE TECHNOLOGIES ENGINEERED FOR THE FUTURE

 

Born out of textile research and advancing new standards of performance and responsibility, Xeros' technologies revolutionise the way we make and clean our clothes, conserving water and preventing waste. Designed to impact industries and people on a global scale, Xeros transforms the performance, impact and economics of the fashion and washing machine industry.

 

Xeros enables the scaling of its innovations and impact by licencing its intellectual property to partners across the globe. Their work has, to date, created 38 patent families.

 

Xeros' technologies are already in use in major global industries, including commercial and home laundry and garment manufacture. So far, these technologies have saved millions of litres of water and could prevent billions of microfibres from ending in our oceans.

 

TO THE POWER OF CHANGE 

 

xerostech.com