Xeros Technology Group plc intends to raise approximately £25 million

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Xeros Technology Group plc (AIM: XSG, 'the Group', 'Xeros'), the developer and provider of patented polymer based technologies with multiple commercial applications, intends to raise approximately £25 million before fees and expenses by a Placing of 11,111,112 new ordinary shares with existing and new institutional investors at a placing price of 225 pence per Placing Share (the 'Placing'). The Placing will be structured in two parts.

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