Last checked at 23 Dec 2015 07:00
23 December 2015
Xeros Technology Group plc
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 16 December 2015, the Board of Xeros granted share options over a maximum of 250,000 ordinary shares at an exercise price of 225 pence each to Mark Nichols, Chief Executive of the Company, under the terms of Xeros' existing share option schemes.
Following the grant of these options Mark Nichols has 1,250,000 options, having been granted 1,000,000 share options following appointment, and owns no other ordinary shares in the Company.
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
Adrian Duffield / Helen Tarbet / James Gray