Xeros Technology Group plc

Equities

XSG

GB00BMGYBJ57

Industrial Machinery & Equipment

Delayed London S.E. Other stock markets 11:06:20 2024-05-02 am EDT			5-day change	1st Jan Change
1.35 ^GBX	-1.82%		-5.17%	-52.59%

Apr. 19	Xeros Technology Group Concludes Retail Offer	MT
Apr. 19	Xeros Technology closes retail offer having raised GBP110,000	AN

Xeros Technology closes retail offer having raised GBP110,000

April 19, 2024 at 09:30 am EDT

(Alliance News) - Xeros Technology Group PLC announced on Friday that, with the closure of its retail offer, it had raised approximately GBP110,000.

The Rotherham, England-based laundry technology developer issued 7.1 million retail offer shares at the price of 1.50 pence each.

Alongside its placing and subscription offers, Xeros has conditionally raised approximately GBP4.7 million total gross proceeds in aggregate.

The admission of the conditional placing shares, subscription shares and retail offer shares is expected to take place on April 26, subject to shareholders passing the proposed resolution at the general meeting on April 25.

Xeros Technology shares were up 1.1% to 1.44 pence each in London on Friday afternoon.

By Emily Parsons, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Xeros Technology Group plc

Xeros Technology Group Concludes Retail Offer	Apr. 19	MT
Xeros Technology closes retail offer having raised GBP110,000	Apr. 19	AN
Shanta Gold takeover approved; Experian to buy illion	Apr. 04	AN
Xeros Technology promotes Alex Tristram to finance director	Mar. 11	AN
Xeros Technology Group plc Appoints Alex Tristram as Finance Director	Mar. 11	CI
Synectics announces contract win; LifeSafe revenue up	Nov. 29	AN
EARNINGS: Xeros expects breakeven next year, Zinc Media narrows loss	23-09-27	AN
AIM WINNERS & LOSERS: Tasty's interim loss widens, shares plunge 31%	23-09-27	AN
Xeros Technology Group plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-27	CI
Harworth optimistic on 2027; Plexus extends agreement	23-05-23	AN
Xeros Technology shares surge on garment finishing licensing	23-05-17	AN
AIM WINNERS & LOSERS: Purplebricks sells itself to rival for GBP1	23-05-17	AN
Xeros Technology Group plc Signs Technology License and Distribution Agreement for its Garment Finishing Technology with KRM Tekstil Boya San. Tic Ltd	23-05-17	CI
Xeros Technology Group plc Auditor Raises 'Going Concern' Doubt	23-05-01	CI
FTSE 100 Closed Up 0.4% as China Data Reassures on State of Global Economy	23-04-18	DJ
UK Wage Growth Momentum is Easing, But Pace Is Slower Than Expected	23-04-18	DJ
Xeros Technology shares plunge as loss widens; revenue down	23-04-18	AN
Xeros Technology Group's FY22 Loss Grows	23-04-18	MT
Earnings Flash (XSG.L) XEROS TECHNOLOGY GROUP Reports FY22 Revenue GBP164,000	23-04-18	MT
Earnings Flash (XSG.L) XEROS TECHNOLOGY GROUP Posts FY22 Loss GBX-14.29	23-04-18	MT
Xeros Technology Group plc Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-18	CI
Xeros Technology Enter Filtration Tech Licensing Deal; Shares Up 5%	23-03-20	MT
Xeros Technology signs third licensing agreement for XFilter	23-03-20	AN
Xeros Technology Group plc Announces the Signing of a Third Licensing Agreement for its XFilter Filtration Technology	23-03-20	CI
Xeros Technology Group Signs Five-year Licensing Deal for XFilter Tech; Stock Rises 7%	23-03-09	MT

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Company Profile

Xeros Technology Group PLC is a United Kingdom-based platform technology company. The Company is focused on developing solutions for water-intensive industrial and commercial processes. It has also developed textile technologies. Its care and finish technologies use patented, reusable XOrb housed in its engineered XDrum technology, which is designed to reduce the amount of water and chemistry used in the dyeing, finishing or laundering of garments and fabrics. for minimum disruption. The Company's washing machine filtration technology, XFilter prevents harmful microfibers, including microplastics, generated during washing cycles, from being released into rivers and oceans. The Company's geographical areas include Europe, North America and rest of the World. Its subsidiaries include Xeros Limited, Xeros Inc, and Xeros Environmental Protection Technology (Shanghai) Co. Ltd.

Sector

Industrial Machinery & Equipment

Calendar

2024-09-18 - Q2 2024 Earnings Release (Projected)

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