6 February
2025
Xeros Technology Group
plc
("Xeros", the
"Company" or the "Group")
Online Q&A Session
As noted in yesterday's trading update (RNS
Number : 9032V), Xeros Technology Group plc (AIM: XSG), the creator
of technologies that reduce the impact of clothing on the planet,
will host an online Q&A session for investors.
The date and time of that session, which will be
hosted by Neil Austin, CEO, and Alex Tristram, Finance Director,
has been confirmed as Friday, 7
February 2025, at 9am. It will be held on the Investor Meet
Company ("IMC") platform. Registered investors, who follow Xeros on
IMC, will be invited automatically, everyone else should register
at:
https://www.investormeetcompany.com/xeros-technology-group-plc/register-investor
Enquiries
|
Xeros
Technology Group plc
Neil Austin, Chief Executive Officer
Alex Tristram, Finance Director
|
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
0500
|
|
Rawlings
Financial PR
Limited
Keeley Clarke
Cat Valentine
|
Tel: 07967 816
525
Email:
Xeros@rfpr.co.uk
|
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.
The traditional wet processing methods used in
industrial and domestic laundry and garment manufacturing consume
billions of litres of fresh water and large amounts of energy and
chemicals, as well as damaging and weakening clothing fibres and
creating rising levels of environmental pollution. It is estimated
that washing machines contribute 35% of the 171 trillion
microplastic particles in the ocean.
A range of actors, including consumers, the
media NGOs and regulators are exerting pressure on these
industries, with legislative action beginning to be
taken.
Xeros' three main technologies, Filtration, Finish,
and Care, facilitate garment manufacturers, industrial laundries,
domestic washing machine manufacturers and consumers, to reduce
their environmental impact, whilst also significantly improving
efficiency in the process.
Xeros' model is to generate revenue from
licensing its technologies, generating royalties and the sale of
consumables. Currently there are eight agreements in place. The
addressable markets in Filtration, Finish and Care are estimated to
be valued at £350m p.a., £132m p.a. and £3bn p.a.
respectively.
