XEROS TECHNOLOGY GROUP PLC

Declaration of Voting Results & Voting Rights Announcements • Jul 26, 2022

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RNS Number : 8101T

Xeros Technology Group plc

26 July 2022

26 July 2022    

Xeros Technology Group plc

('Xeros' or the 'Company' or the 'Group')

Result of AGM

Xeros Technology Group plc (AIM: XSG), the creator of technologies that reduce the impact of clothing on the planet, announces the results of voting on the resolutions at its Annual General Meeting ("AGM") held earlier today.

A poll was held on each of the resolutions and all the resolutions were duly passed by the required majority. Resolutions 1 to 7 were passed as ordinary resolutions, and resolutions 8 to 10 were passed as special resolutions. The results of the poll were as follows:

Ordinary Resolutions	Votes for	%	Votes against	%	Total votes instructed	% of issued share capital voted	Votes withheld
To receive the Company's financial statements	7,071,283	99.99	167	0.01	7,071,450	29.73	534
To re-elect Rachel Nooney as a Director	7,070,732	99.98	1,252	0.02	7,071,984	29.73	0
To re-elect Klaas de Boer as a Director	7,070,528	99.98	1,252	0.02	7,071,780	29.73	204
To re-elect Paul Denney as a Director	7,065,832	99.91	5,948	0.09	7,071,780	29.73	204
To reappoint Grant Thornton UK LLP as auditor	7,070,528	99.98	1,252	0.02	7,071,780	29.73	204
To authorise the Directors to determine auditor remuneration	7,071,232	99.99	218	0.01	7,071,450	29.73	534
To authorise the Directors to allot shares	7,070,732	99.98	1,252	0.02	7,071,984	29.73	0
Special Resolutions
General authority to disapply pre-emption rights	7,070,311	99.98	1,252	0.02	7,071,563	29.73	421
Disapplication of pre-emption rights in connection with an acquisition or specified capital investment	7,070,311	99.98	1,252	0.02	7,071,563	29.73	421
To authorise the Company to purchase its own shares	7,071,766	99.99	218	0.01	7,071,984	29.73	0

1.       Each shareholder present in person, or by proxy, was entitled to one vote per share held.

2.       Proxy votes which gave discretion to the Chair of the Annual General Meeting have been included in the 'For' total of the appropriate resolution.

3.       A 'Vote Withheld' is not a vote in law and is not counted in the calculation of the proportion of the votes 'For' and 'Against' any resolution nor in the calculation of the proportion of 'Total Votes Instructed' for any resolution.

4.       Votes 'For' and 'Against' any resolution are expressed as a percentage of votes validly cast for that resolution.

5.       At the close of business on 25 July 2022 the total number of ordinary shares in issue was 23,784,483 and at that time, the Company did not hold any shares in treasury.

The full text of the resolutions is available for inspection on the Company's website https://www.xerostech.com

Enquiries: 

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 0570
Yellow Jersey PR Sarah Hollins / Lilian Filips / Laurie Gellhorn	Tel: 020 3004 9512

Notes to Editors

POWERED BY SCIENCE, XEROS CREATE TECHNOLOGIES ENGINEERED FOR THE FUTURE

Born out of textile research and advancing new standards of performance and responsibility, Xeros' technologies revolutionise the way we make and clean our clothes, conserving water and preventing waste. Designed to impact industries and people on a global scale, Xeros transforms the performance, impact and economics of the fashion and washing machine industry.

Xeros enables the scaling of its innovations and impact by licencing its intellectual property to partners across the globe. Their work has, to date, created 38 patent families.

Xeros' technologies are already in use in major global industries, including commercial and home laundry and garment manufacture. So far, these technologies have saved millions of litres of water and could prevent billions of microfibres from ending in our oceans.

TO THE POWER OF CHANGE 

xerostech.com

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