Directorate Change

RNS Number : 3146M

Xeros Technology Group plc

27 April 2018

 

27 April 2018

Xeros Technology Group plc

Directorate change

Xeros Technology Group plc (AIM: XSG, 'Xeros', 'the Group'), the developer and provider of polymer based technologies with multiple commercial applications, today announces that Julian Viggars has informed the Board of his intention to resign from his role as a non-Executive Director of Xeros.

Following Julian's recent promotion to Chief Investment Officer of Mercia Technologies plc (AIM: MERC, 'Mercia',) and his appointment to the Board of Mercia, he has decided to step down from the Board of Xeros.

His resignation from the Board of Xeros will be effective 23 May 2018, following the Group's Annual General Meeting.

John Samuel, Chairman of Xeros, said:

"I would like to thank Julian for his contribution to our Board.  As the representative of one of our initial investors, he has contributed greatly to our progress."

Enquiries:

Xeros Technology Group plc John Samuel, Chairman	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 (Financial PR) 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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