Member Info for originalharrystamper

Cracking end to the week with some nice volumes beginning to appear. More of the same next week please - seems the show on Thursday was a success from the social media updates I’ve seen and hopefully some more contracts to follow in the near term

OHS

Devil - certainly building up (hopefully very nicely) to results in May. Would have preferred to see some volume figures of how much they have produced for this particular customer. Also noticed that the logistics company in Zenova's tweet picture is Austrian - Unterer Logistics. Can we therefore make a logical assumption that customer is in Austria? They have stated that they have customers lined up in 4 European countries, with Austria being one of them:

RNS 24th Nov 21 - "The three-year contract, which commences on 1 January 2022, is with a Spanish company that will become an Authorised Distributor of Zenova products and will promote and sell them to its clients in Spain, Germany, Austria, and Switzerland. Its clients include a German business that is a leading international specialist in the production of ready-to-use high-tech coatings, and has an established salesforce, warehousing and distribution infrastructure."

Could simply be coincidence though and just happen to be using an Austrian freight company.....

OHS

Devil , from the IPO Admission doc: "The Company has conditionally raised £4.5 million (gross) through a Placing of 23,684,203 new Ordinary Shares at the Placing Price of £0.19 per share"

PLACING STATISTICS
Placing Price 19 pence
Number of Existing Ordinary Shares in issue at the date of this document 54,350,000
Number of Placing Shares 23,684,203
Convertible Loan Note Shares 2,999,850
Number of Ordinary Shares in issue at Admission 93,384,053
Market capitalisation at Admission at the Placing Price £17.74 million
Number of Warrants in issue at Admission 12,515,847
Amati Global Investors Limited right to subscribe for further shares 6,578,947
Number of Ordinary Shares on a fully diluted basis at Admission 112,478,847
Estimated expenses of the Placing £0.82 million
Estimated net proceeds of the Placing receivable by the Company £3.68 million

OHS

Shocking mate!! Just makes the (expected) rise so much sweeter when results come out imo! Surely they've had some orders by now?? Distribution agreements and supplier chains set up in UK, USA, Europe and Australia but only one contract RNS'd?? Come on ZED, show us some fruit of your (supposed) labour!!

OHS

May have to average down soon......results due in May so I'm reluctant to do so now as that's a good few weeks away and if trend continues, a better opportunity may present itself?

There's been a constant 25,000 seller I've noticed but yesterday saw a couple at 50,000+ and now one today at 12p for 60,000. May be same seller but no TR1 yet? Obviously not too fussed at the loss they're making at these prices...... it's certainly un-nerving to see how easily the mm drops the price on these low volumes but until we see some actual results and revenue, can't see how it will rise? Last 6 months of positive RNSs have done nothing but drop the SP!!! Madness

Morning all, makes sense to bullet point the key bits of news we've had over the last few months:

10 Nov 21 - AUSTRALIA distributor (tick) - "Under the contract, Spark will become an Authorised Distributor of Zenova products in Australia and has committed to purchase a minimum of £2 million of Zenova's products each year, including Zenova's insulating render (IR), insulating paint (IP) and fire-resistant paint (FP). The initial three-year contract can also be extended if certain conditions are met."

https://opengovau.com/business/44650004265

24th Nov 21 - EUROPEAN distributor (tick) - "The three-year contract, which commences on 1 January 2022, is with a Spanish company that will become an Authorised Distributor of Zenova products and will promote and sell them to its clients in Spain, Germany, Austria, and Switzerland. Its clients include a German business that is a leading international specialist in the production of ready-to-use high-tech coatings, and has an established salesforce, warehousing and distribution infrastructure."

17 Feb 22 - USA distributor (tick) - "Zenova Group PLC (AIM: ZED), a provider of innovative fire safety and heat management technology and products, is pleased to announce that it has entered a distribution agreement with Omnis Panels LLC ("Omnis") to distribute its thermal insulation and fire protection products throughout the construction sector in the United States of America."

https://omnisusa.com/zenova-thermal-insulating-and-fire-protection-paints/

https://omnisusa.com/zenova-ir-thermal-insulating-coating/

10 Mar 22 - UK (tick) - "Zenova Group PLC (AIM: ZED), a provider of innovative fire safety and heat management technology and products, is pleased to announce that it has appointed Beyond Surface Solutions ("BSS") as a stockist and reseller of its paints and render products in the UK."

https://beyondsurfacesolutions.co.uk/

So in 4 months (to the day), Zenova have set up sales and distribution networks of their products in Australia, Spain, Germany, Austria, Switzerland, the USA and now the UK!! Not only that, they are also a NHS Trusted Partner. Roll on the Final Results in May so we can see some figures!!

OHS

Bloody good video demo! Hope this product news spreads as quickly as the kitchen fire on the left!!

https://zenovagroup.com/media/zenova-fp-in-real-world-kitchen-fire-demonstration/

Afternoon all, gone off the boil with this one of late as it seemed we were stuck in a twilight zone of getting a few updates that unfortunately didn’t bring any movement to the SP. Given the state of many other stocks on AIM though, I’ll take that over the falls I’ve seen elsewhere! Nice to see that Omnis have already updated their website to add Zenova to it:

https://omnisusa.com/zenova-thermal-insulating-and-fire-protection-paints/

OHS

Morning all. Another distribution agreement penned I see. Seems like there’s lots going on in the background but now we need to read about actual orders and values please team

Another snippet of info here:

https://www.suttoninsight.com/all-articles/government-cut-funding-for-south-west-london-health-plan

With the original budget cut from £511m to £400m, significant changes have needed to be considered. One of these could be to be explore ways of enhancing the insulative properties of the current buildings as well as the new construction?

OHS

Morning all. Another piece of good news for ZED last week with the news of them becoming a trusted partner of the NHS. The RNS also provided opportunity for more research avenues to be explored.....

Epson and St. Hellier University Hospitals have are looking to build a brand new hospital https://esthplanning.co.uk/ and ZED have just signed a 'partners in health' contract with them!

OHS

Page 23 of admission doc - already seen 2 London borough's RNS'd and now a NHS contract - lots more to come!

"In addition, the Group has received significant expressions of interest from a sub-distributor representing a UK social housing trust to supply fire paint and fire paint primer for doors in apartment blocks. In the first twelve months from Admission, the Directors expect this to cover an initial four London Boroughs, before expanding across London and the UK. From the Distributor’s discussions with numerous social housing trusts and procurement agencies, the Directors believe
that there are thousands of doors in social housing that do not meet current fire regulations. The Directors anticipate that each painted door could have a value of hundreds of pounds in revenue to the Group. The same sub-distributor also represents the NHS and has expressed interest for the supply of fire paint and primer to be applied to 13 hospital roof voids across the UK. At the date of this Admission Document, the Group is finalising a formal order commitment with the sub-distributor."

https://36y9lv4401u736ma42s4tbfi-wpengine.netdna-ssl.com/wp-content/uploads/2021/07/Admission-Document.pdf

OHS

Morning blue - I agree! And it’s hopefully just the beginning. The most important part here is the ‘NHS Trusted Partner’ status - that is huge imo, especially with the NHSs ‘Greener NHS’ strategy:. https://www.england.nhs.uk/greenernhs/

OHS

Agreed bluerill - it’s been good to cross reference IPO mentioned contracts with actual RNSd ones that have since come to fruition. Hoping to see more in the near term and some actual quantities would be good to see also, to get a better understanding of these revenue streams. Very little out there to find at the moment to further research - hopefully it’s a matter of keeping cards close to their chest as opposed to actually not holding any cards! Business set up in Australia as Prima Fire Shield so one to keep an eye on there for mentions

Good bit of digging and research to kick start a Friday! With ref to the RNS regarding the £2m a year contract in Australia:

https://abr.business.gov.au/AbnHistory/View?id=44650004265

The above is a link to some details of Spark Global Australia Pty Ltd being the holding company of a Business name that was registered on 03/11/21 called Prima Fire Shield (catchy name!)

https://connectonline.asic.gov.au/RegistrySearch/faces/landing/bySearchId.jspx?searchId=655032376&searchIdType=BUSN&_adf.ctrl-state=10tnoxbfoz_15

I’ve been trying to identify the ‘Major Construction Company’ that Spark Global Australia is the subsidiary of but as yet I’ve had no joy. So, this business was registered on the 3rd Nov and then ZED RNS’d on the 10th Nov. Spark Global Australia’s address is in Templestowe, VIC 3106. I’d appreciate any further research here in attempting to identify who this Major construction is that Spark Australia is a sub of?

OHS

Sub-distributions:

Sub-distribution Agreement between ZDL and Gerian Reshat Kula & Chenri Petrak Kotori:

(a) Zenova Distribution Ltd (Zenova Ltd’s exclusive distributor) has entered into a sub-distribution agreement with Gerian Reshat Kula & Chenri Petrak Kotori (“GRK & CPK”) dated 13 May 2021. Pursuant to the sub-distribution agreement, ZDL grants GRK & CPK non-exclusive distribution rights to sell Zenova products in Australia and New Zealand provided they hit the sales target of £2,000,000 per year.

(b) The initial term is for six months from the commencement date (13 May 2021) subject go the first order being placed during such period and will then become a three year rolling contract (subject to minimum values) until terminated in accordance with the termination provisions

Can it be assumed that this is the contract RNS'd here?: https://www.lse.co.uk/rns/ZED/zenova-secures-1632m-a-year-contract-in-australia-xx691qpgehyv7xb.html

Zenova's Distribution and Sub-Distribution agreements:

Distribution Agreement:

(a) Zenova Ltd entered into an exclusive distribution agreement with ZDL dated 21 April 2021 and two deeds of variation respectively dated 27 May 2021 and 4 June 2021 (together the “Distribution Agreement”). Pursuant to the Distribution Agreement, ZDL has been appointed as Zenova Ltd’s exclusive global distributor for Zenova products with the right to appoint other sub-distributors as appropriate.

(b) The minimum term of the agreement is 15 years after which the agreement continues, unless terminated in accordance with the termination provisions. Under the Distribution Agreement, ZDL must attain the following targets each year:

(i) Year 1: £9,780,000
(ii) Year 2: £33,150,000
(iii) Year 3: £69,050,000
(iv) Year 4: £120,700,000
(v) Year 5: £192,900,000

Just look at those potential revenue streams!!!!

Little bit more background info for reference:

Zenova Ltd was incorporated on 20 Nov 2020 with Tony Crawley as the only named person at that time

Dr Etrur Albani, Thomas Melchior and Donald Oag Nicolson were named on 13 Nov 2020 (Nicolson since resigned 22 Jul 21)

Zenova Group PLC was incorporated 17 May 2021 with 7 Officers (including all 4 personnel already listed above)

Zenova Distribution Ltd (ZDL) was incorporated 16 Sep 2020 by Christopher Gilbert. Mr Gilbert resigned from this company on the day Albani and Nicolson became officers - the same day ZED admission commenced on the LSE - obviously part of the agreements put in place which I will get on to later....

This is where it gets interesting: Gilbert incorporated Motus Distribution on 23 Mar 2021 as the sole Officer - Motus was the sole share holder of ZDL until incorporation, when ZDL became a subsidiary of Zenova Group and Motus' shares were exchanged for ZED shares, hence why Gilbert has 12,350,000 shares (13.22% - largest share holder) in ZED!!

Cheers Spin! - definitely an under the radar share here imo! As mentioned earlier, the significant revenue is yet to come and as the SP is still pretty much at the listing price I am very happy to be already here and waiting for what's to come! With 75.8m shares held by Directors and other significant holders and only a max of circa 17m shares for retail investors, you can imagine how this will quickly motor on news imo. If 75.8m is the 3% holders and above, I wonder what the actual volume of tradeable stock is if we then subtract the holdings of the below 3% ers, like this holding 1 - 2.99% that haven't declared! Not a lot judging by why this moved on relatively small volumes last week - like when we bought and then when it dropped back on those sells!