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XEROS TECHNOLOGY GROUP PLC

Report Publication Announcement Feb 6, 2025

8027_rns_2025-02-06_5e843ad3-b4cf-4b84-aa31-d5d33cb97724.html

Report Publication Announcement

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National Storage Mechanism | Additional information

RNS Number : 0873W

Xeros Technology Group plc

06 February 2025

6 February 2025

Xeros Technology Group plc

("Xeros", the "Company" or the "Group")

Online Q&A Session

As noted in yesterday's trading update (RNS Number : 9032V), Xeros Technology Group plc (AIM: XSG), the creator of technologies that reduce the impact of clothing on the planet, will host an online Q&A session for investors.

The date and time of that session, which will be hosted by Neil Austin, CEO, and Alex Tristram, Finance Director, has been confirmed as Friday, 7 February 2025, at 9am. It will be held on the Investor Meet Company ("IMC") platform. Registered investors, who follow Xeros on IMC, will be invited automatically, everyone else should register at:

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

Enquiries

Xeros Technology Group plc

Neil Austin, Chief Executive Officer

Alex Tristram, Finance Director
Tel: 0114 269 9656
Cavendish Capital Markets Limited (Nominated Adviser and Broker)

Julian Blunt/Teddy Whiley, Corporate Finance

Andrew Burdis/Sunila de Silva, ECM
Tel: 020 7220 0500
Rawlings Financial PR Limited         

Keeley Clarke

Cat Valentine
Tel: 07967 816 525

Email: [email protected]

About Xeros

Xeros Technology plc has developed patented and proven, industry-leading technologies which reduce the environmental impact of how industries make and care for clothes.

The traditional wet processing methods used in industrial and domestic laundry and garment manufacturing consume billions of litres of fresh water and large amounts of energy and chemicals, as well as damaging and weakening clothing fibres and creating rising levels of environmental pollution. It is estimated that washing machines contribute 35% of the 171 trillion microplastic particles in the ocean.

A range of actors, including consumers, the media NGOs and regulators are exerting pressure on these industries, with legislative action beginning to be taken.

Xeros' three main technologies, Filtration, Finish, and Care, facilitate garment manufacturers, industrial laundries, domestic washing machine manufacturers and consumers, to reduce their environmental impact, whilst also significantly improving efficiency in the process.

Xeros' model is to generate revenue from licensing its technologies, generating royalties and the sale of consumables. Currently there are eight agreements in place. The addressable markets in Filtration, Finish and Care are estimated to be valued at £350m p.a., £132m p.a. and £3bn p.a. respectively.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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