Xeros Technology Group plc
Notice of Results & Investor Presentation
Xeros Technology Group plc (AIM: XSG, 'the Company', 'Xeros'), the developer and licensor of technologies which reduce the environmental impact and cost of clothing and fabrics, will announce its audited preliminary results for the year ended 31 December 2020 on Thursday 29 April 2021.
Mark Nichols, Chief Executive Officer, and Paul Denney, Chief Financial Officer, will provide a live presentation updating on the results for the year ended 31 December 2020 and prospects via the Investor Meet Company platform on Thursday 29 April 2021 at 16:00 p.m.
The Company is committed to ensuring that there are appropriate communication structures for all elements of its shareholder base so that its strategy, business model and performance are clearly understood.
· The online presentation is open to all existing and potential shareholders.
· Questions can be submitted pre-event via your IMC dashboard or at any time during the live presentation via the "Ask a Question" function. Although the Company may not be in a position to answer every question it receives, it will address the most prominent within the confines of information already disclosed to the market. Responses to the Q&A from the live presentation will be published at the earliest opportunity on the Investor Meet Company platform.
· Investor feedback can also be submitted directly to management post-event to ensure the Company can understand the views of all elements of its shareholder base.
Investors can sign up to Investor Meet Company for free and add to meet Xeros via:
Investors who have already registered and added to meet the Company will be automatically invited.
Xeros Technology Group plc
Mark Nichols, Chief Executive Officer
Paul Denney, Chief Financial Officer
Tel: 0114 321 6328
finnCap Limited (Nominated Advisor & Broker)
Julian Blunt / Teddy Whiley, Corporate Finance
Andrew Burdis / Sunila de Silva, ECM
Tel: 020 7220 0500
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.
Xeros' patented XOrbs™ which are used in conjunction with the company's XDrum™ technology significantly reduce the amount of water and chemistry used in the dyeing, finishing or laundering of garments and fabrics. They 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.
Xeros' XDrum technology is a low-cost machine drum 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 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.