Notice of Interim Results & Investor Presentation

RNS Number : 0065L

Xeros Technology Group plc

07 September 2021

 

Xeros Technology Group plc

Notice of Interim Results and Investor Presentation

Xeros Technology Group plc (AIM: XSG, 'the Group', 'Xeros'), the developer and licensor of platform technologies which transform the sustainability and economics of clothing and fabrics during their lifetime is pleased to confirm that its interim results for the six months ended 30 June 2021 will be released on 23 September 2021.

Mark Nichols CEO and Paul Denney CFO will provide a live presentation relating to Interim Results via the Investor Meet Company platform on 23rd Sep 2021 at 9:45am BST.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet  Xeros Technology Group plc via:

https://www.investormeetcompany.com/xeros-technology-group-plc/register-investor

Investors who already follow  Xeros Technology Group plc on the Investor Meet Company platform will automatically be invited.

Enquiries : 

Xeros Technology Group plc Mark Nichols, Chief Executive Officer Paul Denney, Chief Financial Officer	Tel: [phone]
finnCap Limited (Nominated Advisor & Broker) Julian Blunt / Teddy Whiley, Corporate Finance Andrew Burdis / Sunila de Silva, ECM	Tel: [phone]

Notes to Editors

Xeros Technology Group plc has developed and licenses two platform technologies which transform sustainability, performance and economics in the manufacturing and laundering of garments and fabrics.

The Company's XTend™ technology platform uses XOrbs™ in conjunction with XDrums™ to significantly reduce the amount of water and chemistry used in the dyeing, finishing or laundering of garments and fabrics. XOrbs increase the efficiency of these processes which require molecules to be either affixed or removed from substrates. In the case of laundry, they are proven to significantly increase the life of clothes and fabrics. The results being major improvements in economic, operational, product and environmental outcomes.

XDrum is Xeros' low-cost machine design which enables XOrbs to be introduced into and subsequently removed from process cycles. The design provides Original Equipment Manufacturers with the ability to make simple changes to their products to incorporate the Company's XOrb technology.

The Group has signed multiple license agreements for its XDrum and XOrb technologies with leading OEMs in major commercial and domestic markets.

XFiltra™ is the Company's proprietary washing machine filtration technology platform which prevents harmful microfibres including microplastics, generated during washing cycles, from being released into the world's rivers and oceans.  Microfibres released into the environment from clothing and fabrics during their laundering, being a major source of pollution in the environment and contamination in the food chain.

The Company has signed a license agreement with leading commercial laundry equipment manufacturer Girbau for the deployment of XFiltra in commercial laundries and has plans to also license its design into the domestic laundry market.

 

END

 

 

NORKZGGLMNGGMZM