RE: Relief rally18 Jan 2024 10:04
So I think the Chairman has spent £68,400 on exercising his Warrants:
'Director/PDMR Shareholding
Xeros Technology Group plc (AIM: XSG), the creator of technologies that reduce the impact of clothing on the planet, announces that Klaas de Boer, Chairman of the Company, has exercised 2,400,000 warrants at an exercise price of 2.85 pence each in exchange for the same number of ordinary shares of 0.1 pence each (the "Warrants" and the "Ordinary Shares"). The Warrants detailed above represent all warrants issued to Mr de Boer in October 2022 as part of the fundraise undertaken by the Company at that time.'