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Investegate |Xeros Tech Grp plc Announcements | Xeros Tech Grp plc: Result of Placing
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Investegate |Xeros Tech Grp plc Announcements | Xeros Tech Grp plc: Proposed Placing, Open Offer & Notice of GM
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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™ 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™ 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 auction call period has been extended in this security by 5 minutes.
Auction call extensions give London Stock Exchange electronic order book users a further opportunity to review the prices and sizes of orders entered in an individual security s auction call before the execution occurs. A price monitoring extension is activated when the matching process would have otherwise resulted in an execution price that is a pre-determined percentage above or below the price of the most recent automated execution today.
The applicable percentage is set by reference to a security s Millennium Exchange sector. This is set out in the Sector Breakdown tab of the Parameters document at www.londonstockexchange.com/tradingservices
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