RCS - Xeros Tech Grp plc - Online Q&A Session

Xeros TechnologyAnnouncement

06/02/2025 07:00

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RNS Number : 0873W  Xeros Technology Group plc  06 February 2025

6 February 2025

Xeros Technology Group plc

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

 

Online Q&A Session

 

As noted in yesterday's trading update (RNS Number : 9032V), Xeros Technology
Group plc (AIM: XSG), the creator of technologies that reduce the impact of
clothing on the planet, will host an online Q&A session for investors.

 

The date and time of that session, which will be hosted by Neil Austin, CEO,
and Alex Tristram, Finance Director, has been confirmed as Friday, 7 February
2025, at 9am. It will be held on the Investor Meet Company ("IMC") platform.
Registered investors, who follow Xeros on IMC, will be invited automatically,
everyone else should register at:

 

https://www.investormeetcompany.com/xeros-technology-group-plc/register-investor
(https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.investormeetcompany.com%2Fxeros-technology-group-plc%2Fregister-investor&data=05%7C02%7Calex.tristram%40xerostech.com%7C0a8e329504a840acc49708dd45216ead%7C00b642fa5db145b9bac05cc2c96d88e4%7C0%7C0%7C638742732086405690%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=qRMqxbX0FVw6jVnJgFtEUS5J8Ocr946tVySrd01Rdv8%3D&reserved=0)

 

Enquiries

 

 Xeros Technology Group plc                                        Tel: 0114 269 9656

 Neil Austin, Chief Executive Officer

 Alex Tristram, Finance Director

 Cavendish Capital Markets Limited (Nominated Adviser and Broker)  Tel: 020 7220 0500

 Julian Blunt/Teddy Whiley, Corporate Finance

 Andrew Burdis/Sunila de Silva, ECM

 Rawlings Financial PR Limited                                     Tel: 07967 816 525

 Keeley Clarke                                                     Email: Xeros@rfpr.co.uk

 Cat Valentine

 

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.

 

The 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.

 

A range of actors, including consumers, the media NGOs and regulators are
exerting pressure on these industries, with legislative action beginning to be
taken.

 

Xeros' three main technologies, Filtration, Finish, and Care, facilitate
garment manufacturers, industrial laundries, domestic washing machine
manufacturers and consumers, to reduce their environmental impact, whilst also
significantly improving efficiency in the process.

 

Xeros' model is to generate revenue from licensing its technologies,
generating royalties and the sale of consumables. Currently there are eight
agreements in place. The addressable markets in Filtration, Finish and Care
are estimated to be valued at £350m p.a., £132m p.a. and £3bn p.a.
respectively.

 

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