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XEROS TECHNOLOGY GROUP PLC

Regulatory Filings Jul 11, 2017

8027_rns_2017-07-11_6188eca1-1eb2-4a57-a5ae-9e521658e895.html

Regulatory Filings

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National Storage Mechanism | Additional information

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RNS Number : 6942K

Xeros Technology Group plc

11 July 2017

11 July 2017

Xeros Technology Group plc

Xeros completes acquisition of US PPE cleaning business

Further to the announcement on 3 July 2017, Xeros Technology Group plc (AIM: XSG, 'Xeros'), the developer and provider of polymer based technologies with multiple commercial applications, has today completed the acquisition of MarKen PPE Restoration ('Marken'). The acquisition of Marken, which delivers personal protection equipment, cleaning, inspection and repair services, provides Xeros a platform from which to accelerate its penetration of the US high-performance workwear market.

Enquiries:

Xeros Technology Group plc

Mark Nichols, Chief Executive Officer

Paul Denney, Chief Financial Officer
Tel: 0114 321 6328
Jefferies International Limited (Nominated Adviser and Joint Broker)

Simon Hardy / Harry Nicholas
Tel: 020 7029 8000
Berenberg (Joint Broker)

Chris Bowman / Ben Wright / Amritha Murali
Tel: 020 3207 7800
Instinctif Partners (Financial PR)

Adrian Duffield / Helen Tarbet / James Gray
Tel: 020 7457 2020

Notes to Editors

Xeros Technology Group plc (LN: XSG) is a platform technology company that is reinventing water intensive industrial and commercial processes by reducing water and chemistry usage with its polymer technologies.  Its patented technologies have the capacity to provide material economic, operational and sustainability improvements that are unattainable with traditional processes.  The Group is currently exploiting its intellectual property in three areas: Cleaning Technologies, Tanning Technologies and Textile Technologies. Xeros has a number of agreements in place with such international organisations as BASF, Hilton and Wollsdorf Leder.

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

This information is provided by RNS

The company news service from the London Stock Exchange

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