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Share Name Share Symbol Market Type Share ISIN Share Description
Xeros Technology Group Plc LSE:XSG London Ordinary Share GB00BJFLLV84 ORD 0.15P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1.50 1.48 1.515 467,807 13:16:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 1.8 -18.5 -6.5 - 30

Xeros Technology Group plc Application for Block Listing

03/08/2020 9:30am

UK Regulatory (RNS & others)


Xeros Technology (LSE:XSG)
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From Jul 2020 to Oct 2020

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TIDMXSG

RNS Number : 9133U

Xeros Technology Group plc

03 August 2020

Xeros Technology Group plc

Application for Block Listing

Application has been made to the London Stock Exchange for a block listing totaling 12,300,000 ordinary shares of 0.15p each to trade on the London Stock Exchange. The shares shall rank equally with the existing issued shares of the Company.

The block listing consists of:

12,000,000 Ordinary Shares of 0.15p each under the Xeros Technology Group plc Enterprise Management Incentive Scheme and 300,000 Ordinary Shares of 0.15p each under the Xeros Technology Group plc unapproved share option scheme.

Admission of the shares is expected to take place on 6 August 2020.

Following Admission, the Company will have 1,996,111,556 ordinary shares each in issue. There are no shares held in treasury and thus the total number of voting rights in the Company will be 1,996,111,556.

ENDS

 
                                                   Tel: 0114 321 
   Xeros Technology Group plc                       6328 
   Mark Nichols, Chief Executive Officer 
   Paul Denney, Chief Financial Officer 
 finnCap Limited (Nominated Adviser, Broker)       Tel: 020 7220 
  Julian Blunt / Teddy Whiley, Corporate Finance    0570 
  Andrew Burdis, ECM 
 

Notes to Editors

Xeros Technology Group plc develops and licenses platform technologies which transform the sustainability, performance and economics of water intensive industrial and commercial processes.

Xeros' patented XOrb(TM) technologies significantly reduce the amount of water used in the dyeing, finishing or laundering of soft substrates such as garments and fabrics. They enable the remaining water to become far more efficient and effective in either affixing or removing molecules, the result being improvements in economic, operational, product and sustainability outcomes. The Group is applying its technology in the fields of apparel manufacturing, tanning and commercial and domestic laundry.

Xeros' XDrum(TM) technology is a patented, simple, low cost machine drum design which enables XOrbs to be introduced into and subsequently removed from process cycles in Xeros' chosen fields. The design provides Original Equipment Manufacturers ('OEMs') with the ability to make simple and low-cost changes in their products to incorporate the Company's XOrb technology.

The Group has signed multiple license agreements for its XDrum and XOrb products in major commercial and domestic markets.

XFiltra(TM) is a proprietary in-machine filtration technology which prevents harmful microplastics, generated during washing cycles, from being released into the world's river and oceans. Microplastics released from synthetic clothing during laundering is one of the largest sources of primary microplastic pollution entering oceans every year.

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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August 03, 2020 04:30 ET (08:30 GMT)

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