Last checked at 19 Jan 2016 07:00
19 January 2016
Xeros Technology Group plc
("Xeros" or the "Group")
Grant of Options
Xeros Technology Group plc ("Xeros" or the "Company") (AIM: XSG), the innovative developer of patented polymer bead systems with multiple identified commercial applications, announces that on 18 January 2016 the Board of Xeros granted a total of 876,437 options over the Company's ordinary shares of 0.15 pence each ("Options"), representing 1.0% per cent of the issued share capital of the Company, to a Director and certain other employees of the Company. Details of the award to the Director are set out below:
Director | Role | Number of options granted |
Chris Hanson | Chief Financial Officer and Company Secretary | 125,000 |
All Options are exercisable at 182.5 pence per Ordinary Share, and are granted under the terms of Xeros' existing share option schemes.
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