Xeros Technology Group plc Notice of Results and Online Presentations (1805M)
September 12 2023 - 5:17AM
UK Regulatory
TIDMXSG
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 Tel: 0114 269 9656
Neil Austin, Chief Executive Officer
Alex Tristram, Director of Finance
Cavendish Capital Markets Limited (Nominated Adviser and Broker) Tel: 020 7220 0570
Julian Blunt/Teddy Whiley, Corporate Finance
Andrew Burdis/Sunila de Silva, ECM
Belvedere PR xeros@belvederepr.com
Cat Valentine Mob: 07715 769 078
Keeley Clarke 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 GBP3bn, GBP2bn and GBP2bn respectively.
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END
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