Directorate Change

RNS Number : 8363D

Xeros Technology Group plc

28 June 2019

 

28 June 2019

Xeros Technology Group plc

Directorate change

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

Richard is stepping down in line with his retirement plans.

David Armfield, Chairman, said:

"I would like to thank Richard for his contribution over the last four and a half years and we wish him well in his retirement. During this period Xeros has developed from being a single application in a single market to one with a range of products being progressively licensed in multiple geographies."

Enquiries:

Xeros Technology Group plc David Armfield	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 Adrian Duffield / Kay Larsen	Tel: [phone]

About Xeros

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 working in the garment finishing (Textile Technologies), tanning (Tanning Technologies, branded Qualus) and cleaning/laundry (Cleaning Technologies) markets. In cleaning/laundry, the company has three applications covering domestic laundry, commercial laundry (branded "Hydrofinity") and the cleaning of high-performance workwear (branded "Marken").

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

 

END

 

 

BOABGGDLDGDBGCI