XEROS TECHNOLOGY GROUP PLC

Director's Dealing • Jan 18, 2018

National Storage Mechanism | Additional information

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RNS Number : 2981C

Xeros Technology Group plc

18 January 2018

18 January 2018

Xeros Technology Group plc

Grant of Options

Xeros Technology Group plc (AIM: XSG, 'Xeros'), the developer and provider of polymer based technologies with multiple commercial applications  announces that on 16 January 2018, the Board of Xeros granted share options over a maximum of 500,000 ordinary shares at an exercise price of 225 pence each to Mark Nichols, Chief Executive of the Company, and share options over a maximum of 300,000 ordinary shares at an exercise price of 225 pence each to Paul Denney, Chief Financial Officer, all under the terms of Xeros' existing share option schemes.

Following the grant of these options Mark Nichols has 2,000,000 options, and owns no other ordinary shares in the Company. Paul Denney now has 800,000 options, and owns no other ordinary shares in the Company.

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 / Will Soutar	Tel: 020 7029 8000
Berenberg (Joint Broker) Chris Bowman / Ben Wright / Amritha Murali	Tel: 020 3207 7800
Instinctif Partners 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/

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Nichols

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Xeros Technology Group Plc

b)

LEI

2138009F3U39GVY7DG06

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Option over Ordinary shares of 0.15p each

GB00BJFLLV84

b)

Nature of the transaction

Issue of Options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
225 pence	500,000

d)

Aggregated information

- Aggregated volume

- Price

Single transaction as in 4 c) above

Price(s)	Volume(s)
225 pence	500,000

e)

Date of the transaction

16 January 2018

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Denney

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Xeros Technology Group Plc

b)

LEI

2138009F3U39GVY7DG06

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Option over Ordinary shares of 0.15p each

GB00BJFLLV84

b)

Nature of the transaction

Issue of Options

c)

Price(s) and volume(s)

Price(s)	Volume(s)
225 pence	300,000

d)

Aggregated information

- Aggregated volume

- Price

Single transaction as in 4 c) above

Price(s)	Volume(s)
225 pence	300,000

e)

Date of the transaction

16 January 2018

f)

Place of the transaction

Outside a trading venue

This information is provided by RNS

The company news service from the London Stock Exchange

END

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