Xeros Technology Group plc Director/PDMR Transactions (1242L)
20 December 2018 - 9:30PM
UK Regulatory
TIDMXSG
RNS Number : 1242L
Xeros Technology Group plc
20 December 2018
20 December 2018
Xeros Technology Group plc
Director/PDMR Transactions
Following the Company's General Meeting on 19 December 2018, at
which all resolutions were passed, Mark Nichols, Chief Executive
Officer and Paul Denney, Chief Financial Officer, of Xeros
Technology Group plc (AIM: XSG, 'the Company', 'Xeros'), have each
purchased 500,000 ordinary shares of 0.15p each in the capital of
the Company ("Ordinary Shares") at 10p, as part of the Company's
Placing announced on 29 November 2018.
Following the issue of shares, Mark Nichols and Paul Denney will
be interested in 500,000 Ordinary Shares each, with each
representing approximately 0.2% of the issued share capital of the
Company.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mr Mark Nichols
------------------------------- ----------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------------- ----------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Xeros Technology Group Plc
------------------------------- ----------------------------------
b) LEI 2138009F3U39GVY7DG06
------------------------------- ----------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-------------------------------------------------------------------
a) Description of the Ordinary shares of 0.15p each
financial instrument,
type of instrument
ISIN - GB00BJFLLV84
Identification code
------------------------------- ----------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
10p 500,000
----------
------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 500,000
- Price GBP50,000
------------------------------- ----------------------------------
e) Date of the transaction 19 December 2018
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mr Paul Denney
------------------------------- ----------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------------- ----------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Xeros Technology Group Plc
------------------------------- ----------------------------------
b) LEI 2138009F3U39GVY7DG06
------------------------------- ----------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-------------------------------------------------------------------
a) Description of the Ordinary shares of 0.15p each
financial instrument,
type of instrument
ISIN - GB00BJFLLV84
Identification code
------------------------------- ----------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
10p 500,000
----------
------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 500,000
- Price GBP50,000
------------------------------- ----------------------------------
e) Date of the transaction 19 December 2018
------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------- ----------------------------------
Enquiries:
Xeros Technology Group plc Tel: 0114 321
Mark Nichols, Chief Executive Officer 6328
Paul Denney, Chief Financial Officer
Jefferies International Limited (Nominated Tel: 020 7029
Adviser, Joint Broker and Joint Bookrunner) 8000
Simon Hardy / Will Soutar
Berenberg (Joint Broker and Joint Bookrunner) Tel: 020 3207
Chris Bowman / Ben Wright / Laure Fine 7800
Instinctif Partners Tel: 020 7457
Adrian Duffield / Chantal Woolcock / James 2020
Gray
Notes to Editors
Xeros Technology Group plc (AIM: XSG) is a platform technology
company that is reinventing water intensive industrial and
commercial processes.
Xeros' uses its patented XOrb(TM) technologies to significantly
reduce the amount of water used in a number of major applications
and to increase the efficiency in either affixing or removing
molecules from substrates such as fabrics and garments. Adoption of
the technology drives significant economic, operational and
sustainability outcomes.
Xeros current portfolio of applications are within the areas of
garment finishing (Textile Technologies), tanning (Tanning
Technologies under the "Qualus" brand) and cleaning/laundry
(Cleaning Technologies). The cleaning/laundry business of the
Company covers domestic laundry, commercial laundry (under the
"Hydrofinity" brand) and the cleaning of high performance workwear
(under the "Marken" brand).
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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