REG - Xeros Tech Grp plc - Notice of Results and Online Presentations

Xeros TechnologyAnnouncement

12/09/2023 11:30

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RNS Number : 1805M  Xeros Technology Group plc  12 September 2023

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
xeros@belvederepr.com.

 

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
(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:

 

 Xeros Technology Group plc                                        Tel: 0114 269 9656

 Neil Austin, Chief Executive Officer

 Alex Tristram, Director of Finance

 Cavendish Capital Markets Limited (Nominated Adviser and Broker)  Tel: 020 7220 0570

 Julian Blunt/Teddy Whiley, Corporate Finance

 Andrew Burdis/Sunila de Silva, ECM

 Belvedere PR                                                      xeros@belvederepr.com

 Cat Valentine                                                     Mob: 07715 769 078

 Keeley Clarke                                                     Mob: 07967 816 525

 

 

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.

 

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