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Last checked at 
11 Jan 2016 07:00
11 January 2016
Xeros Technology Group plc
Directorate changes
Xeros Technology Group plc (AIM: XSG, 'the Group' or 'Xeros'), the innovative developer of patented polymer bead systems with multiple identified commercial applications, announces the following Board changes, in line with the Group's stated intent to evolve the composition of the Board.
By agreement, Maciek Drozdz has resigned as a Non-Executive Director with immediate effect. Also with immediate effect Dr Steve Jenkins, Chief Science Officer, has stepped down as a Board Director of Xeros. He will continue as the Group's Chief Science Officer, as a key member of the Executive Management Team and will remain a Director of Xeros Limited.
John Samuel, Chairman of Xeros, said:
"I would like to thank both Maciek and Steve for their contributions to our Board. As the representative of one of our initial investors Maciek has contributed greatly to our progress. Steve is stepping down from PLC duties to enable him to focus fully on leading the successful delivery of our scientific development programmes.
"These changes are in accordance with our well-publicised strategy to evolve the composition of the Board and we expect to announce the appointment of additional Non-Executive Directors in due course."
Enquiries:
Xeros Technology Group plc Via Instinctif Partners
Mark Nichols, Chief Executive Officer
Chris Hanson, Chief Financial Officer
Jefferies International Limited (Nominated Adviser) Tel: 020 7029 8000
Simon Hardy / Harry Nicholas
Instinctif Partners (Financial PR) Tel: 020 7457 2020
Helen Tarbet / James Gray
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