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On 28 November 2025, Xeros Technology Group plc announced that shareholders passed Ordinary Resolution 1 with 99.9% of votes for and Special Resolution 2 with 99.9% of votes for at a General Meeting. Additionally, on the same date, Chairman Klaas de Boer purchased 1,428,571 Ordinary Shares, CEO Neil Austin purchased 571,428 shares, Finance Director Alex Tristram purchased 85,714 shares, and Non-Executive Director David Armfield purchased 1,142,856 shares, all at 1.75p per share on the AIM Market.
| Date | 28 Nov 2025 |
| Time | 11:02:19 |
| Category | AGMs and other meetings |
| ID | 4694J |
For immediate release
Xeros Technology Group plc
("Xeros", the "Group" or the "Company")
Results of General Meeting
and
Director Dealings
Xeros Technology Group plc (AIM: XSG), the creator of technologies that reduce the impact of clothing on the planet, is pleased to announce that further to the Company's announcement of 6 November 2025, at the General Meeting held earlier today the Resolutions proposed were duly passed by shareholders.
Full details of the Resolutions were set out in the Circular published by Xeros on 7 November 2025. The Circular is available for inspection in electronic form on the Company's website, www.xerostech.com.
Details of the proxies from Shareholders in respect of each of the Resolutions are set out below:
|
Resolution |
For Number |
% |
Against Number |
% |
Withheld Number |
|
Ordinary Resolution 1 |
173,146,238 |
99.9 |
89,595 |
0.01 |
234,770 |
|
Special Resolution 2 |
173,120,557 |
99.9 |
115,276 |
0.01 |
234,770 |
Notes:
1. Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).
2. A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a Resolution.
3. Any proxy appointments which gave discretion to the Chairman have been included in the "For" totals.
The Placing, Subscriptions and Retail Offer remain conditional upon the Placing Agreement becoming unconditional in all respects and upon Admission, which is expected to occur on 1 December 2025. Details of the participation of certain board members in the Fundraising are set out below.
Enquiries:
|
Xeros Technology Group plc Neil Austin, Chief Executive Officer Alex Tristram, Finance Director
|
Tel: 0114 321 6328 |
|||
|
Cavendish Capital Markets Limited (Nominated Adviser & Broker) Julian Blunt / Giles Balleny / Teddy Whiley / Trisyia Jamaludin, Corporate Finance Andrew Burdis / Harriet Ward, ECM
|
Tel: 020 7220 0500 |
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|
|
Rawlings Financial PR Limited Keeley Clarke Cat Valentine |
Mob: 07967 816 525 Email: Xeros@rfpr.co.uk |
|
|
The notification below is made in accordance with the requirements of the EU regulation on market abuse which forms part of UK law by virtue of the European Union (Withdrawal) Act 2018.
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Klaas de Boer |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chairman |
||||
|
b) |
Initial notification /Amendment |
Initial Notification |
||||
|
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 financial instrument, type of instrument Identification code |
Ordinary Shares of 0.1p each ("Ordinary Shares") GB00BMGYBJ57 |
||||
|
b) |
Nature of the transaction |
Purchase of Ordinary Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
See 4c) above
|
||||
|
e) |
Date of the transaction |
28 November 2025 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM Market |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Neil Austin |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Executive Officer |
||||
|
b) |
Initial notification /Amendment |
Initial Notification |
||||
|
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 financial instrument, type of instrument Identification code |
Ordinary Shares of 0.1p each ("Ordinary Shares") GB00BMGYBJ57 |
||||
|
b) |
Nature of the transaction |
Purchase of Ordinary Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
See 4c) above
|
||||
|
e) |
Date of the transaction |
28 November 2025 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM Market |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Alex Tristram |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Finance Director |
||||
|
b) |
Initial notification /Amendment |
Initial Notification |
||||
|
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 financial instrument, type of instrument Identification code |
Ordinary Shares of 0.1p each ("Ordinary Shares") GB00BMGYBJ57 |
||||
|
b) |
Nature of the transaction |
Purchase of Ordinary Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
See 4c) above
|
||||
|
e) |
Date of the transaction |
28 November 2025 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM Market |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
David Armfield |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Non-Executive Director |
||||
|
b) |
Initial notification /Amendment |
Initial Notification |
||||
|
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 financial instrument, type of instrument Identification code |
Ordinary Shares of 0.1p each ("Ordinary Shares") GB00BMGYBJ57 |
||||
|
b) |
Nature of the transaction |
Purchase of Ordinary Shares |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Price |
See 4c) above
|
||||
|
e) |
Date of the transaction |
28 November 2025 |
||||
|
f) |
Place of the transaction |
London Stock Exchange, AIM Market |
||||