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Pin to quick picksXeros Tech Regulatory News (XSG)

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Notice of Results and Online Presentations

12 Sep 2023 11:17

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

 

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

Neil Austin, Chief Executive Officer

Alex Tristram, Director of Finance

 

Tel: 0114 269 9656

Cavendish Capital Markets Limited (Nominated Adviser and Broker)

Julian Blunt/Teddy Whiley, Corporate Finance

Andrew Burdis/Sunila de Silva, ECM

 

Tel: 020 7220 0570

Belvedere PR

Cat Valentine

Keeley Clarke

xeros@belvederepr.com

Mob: 07715 769 078

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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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