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XSG Xeros Technology Group Plc

1.40
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Xeros Technology Group Plc LSE:XSG London Ordinary Share GB00BMGYBJ57 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.40 1.35 1.45 1.40 1.40 1.40 689,514 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Industrial Patterns 164k -6.93M -0.0459 -0.31 2.11M

Xeros Technology Group plc Acquisition Completion (6942K)

11/07/2017 8:38am

UK Regulatory


Xeros Technology (LSE:XSG)
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From Apr 2019 to Apr 2024

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TIDMXSG

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              Tel: 0114 321 
  Mark Nichols, Chief Executive           6328 
  Officer 
  Paul Denney, Chief Financial Officer 
 
 Jefferies International Limited         Tel: 020 7029 
  (Nominated Adviser and Joint Broker)    8000 
  Simon Hardy / Harry Nicholas 
 Berenberg (Joint Broker)                Tel: 020 3207 
  Chris Bowman / Ben Wright / Amritha     7800 
  Murali 
 Instinctif Partners (Financial          Tel: 020 7457 
  PR)                                     2020 
  Adrian Duffield / Helen Tarbet 
  / James Gray 
 

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

END

ACQRBMRTMBJBMRR

(END) Dow Jones Newswires

July 11, 2017 03:38 ET (07:38 GMT)

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