- Xeros Technology has widened its FY pretax loss to GBP10.7m, from a loss of GBP6.7m. Revenue was GBP466m, from GBP312m. Administrative expenses were GBP11.1m, from GBP6.8m.

It has also proposed a placing to raise about GBP40m, at 225p a share, to maintain the momentum seen since IPO over the next to years.

At 9:42am: [LON:XSG] Xeros Technology Group Plc share price was -4p at 223.5p

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