Grant of Options

RNS Number : 9879J

Xeros Technology Group plc

23 December 2015

 

23 December 2015

Xeros Technology Group plc

Grant of Options

Xeros Technology Group plc ("Xeros" or the "Company") (AIM: XSG), the innovative developer of patented polymer bead systems with multiple identified commercial applications, announces that on 16 December 2015, the Board of Xeros granted share options over a maximum of 250,000 ordinary shares at an exercise price of 225 pence each to Mark Nichols, Chief Executive of the Company, under the terms of Xeros' existing share option schemes.

Following the grant of these options Mark Nichols has 1,250,000 options, having been granted 1,000,000 share options following appointment, and owns no other ordinary shares in the Company.

Enquiries:

Xeros Technology Group plc                                                                                             Via Instinctif Partners

Mark Nichols, Chief Executive Officer

Chris Hanson, Chief Financial Officer

Jefferies International Limited (Nominated Adviser)                                                  Tel: [phone]

Simon Hardy / Harry Nicholas

Instinctif Partners (Financial PR)                                                                                           Tel: [phone]

Adrian Duffield / Helen Tarbet / James Gray

 

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