Application for Block Listing

RNS Number : 2065E

Xeros Technology Group plc

07 February 2018

 

 7 February 2018

Xeros Technology Group plc

Application for Block Listing

Application has been made to the London Stock Exchange for a block listing totaling 2,000,000 ordinary shares of 0.15p each to trade on the London Stock Exchange. The shares shall rank equally with the existing issued shares of the Company.

The block listing consists of:

500,000 Ordinary Shares of 0.15p each under the Xeros Technology Group plc Enterprise Management Incentive Scheme, 1,500,000 Ordinary Shares of 0.15p each under the Xeros Technology Group plc unapproved share option scheme.

Admission of the shares is expected to take place on 15 February 2018.

Enquiries:

Xeros Technology Group plc Mark Nichols, Chief Executive Officer Paul Denney, Chief Financial Officer	Tel: [phone]
Jefferies International Limited (Nominated Adviser and Joint Broker) Simon Hardy / Will Soutar	Tel: [phone]
Berenberg (Joint Broker) Chris Bowman / Ben Wright / Amritha Murali	Tel: [phone]
Instinctif Partners Adrian Duffield / Helen Tarbet / James Gray	Tel: [phone]

Notes to Editors

Xeros Technology Group plc (LN: XSG) is a platform technology company that is reinventing water intensive industrial and commercial processes by reducing water and chemistry usage with its polymer technologies.  Its patented technologies have the capacity to provide material economic, operational and sustainability improvements that are unattainable with traditional processes.  The Group is currently exploiting its intellectual property in three areas: Cleaning Technologies, Tanning Technologies and Textile Technologies. Xeros has a number of agreements in place with such international organisations as BASF, Hilton and Wollsdorf Leder.

For more information, please visit - http://www.xerostech.com/

 

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