Directorate Change

RNS Number : 2719B

Xeros Technology Group plc

19 September 2018

 

19 September 2018

Xeros Technology Group plc

Directorate change

Xeros Technology Group plc (AIM: XSG, 'the Group', 'Xeros'), the developer and provider of patented water saving solutions with multiple commercial applications, announces that Stephen Taylor has resigned as a non-executive director with immediate effect.

Stephen is stepping down following the recent expansion of his role as Chief Marketing Officer at PayPal to include Australia and Singapore as well as his existing EMEA responsibilities.

John Samuel, Chairman, said:

"I would like to thank Stephen for his contribution over the last two years and we wish him well in his new, expanded role. We are actively looking to strengthen the Board."

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 / Laure Fine	Tel: [phone]
Instinctif Partners (Financial PR) Adrian Duffield / 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. Xeros' uses its patented XOrb^TM technologies to significantly reduce the amount of water used in a number of major applications with the remaining water becoming far more efficient in either affixing or removing molecules from substrates such as fabrics and garments. The result being significant improvements in economic, operational and sustainability outcomes.

Xeros has three divisions covering the cleaning/laundry, tanning and garment finishing markets. In cleaning/laundry, the company has three applications covering commercial laundry (branded "Hydrofinity"), the cleaning of high performance workwear (branded "Marken") and domestic laundry.

For more information, please visit - www.xerostech.com

 

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