Less Ads, More Data, More Tools Register for FREE

Pin to quick picksZenova Grp Regulatory News (ZED)

Share Price Information for Zenova Grp (ZED)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.35
Bid: 1.30
Ask: 1.40
Change: -0.05 (-3.57%)
Spread: 0.10 (7.692%)
Open: 1.40
High: 1.40
Low: 1.35
Prev. Close: 1.40
ZED Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

First US Delivery of FX500

18 Sep 2023 07:00

RNS Number : 7437M
Zenova Group PLC
18 September 2023
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 ("MAR") WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN

18 September 2023

Zenova Group PLC

("Zenova", the "Company" or the "Group")

 

Zenova opens US market with first delivery of 13,654 units of Zenova FX500

 

 

Zenova Group PLC (AIM: ZED), is thrilled to announce that first deliveries of 13,654 units of Zenova FX500 handheld aerosol extinguishers for the USA market to our recently announced new sub distributor Petra Industries, 7,500 units have been purchased from Omnis, our distribution partner in the USA. The total value of this initial delivery is in excess of £136,000 for Zenova including some promotional support, Zenova anticipates that this will be recognised in the current financial year. This is the first time that the Zenova FX500 is available for purchase in the USA and it is expected that orders volumes will increase as more distribution channels are opened in the USA.

About Petra

Petra is the industry's consumer technology authority-distributing products for more than 800 brands. Petra brings tens of thousands of top name-brand products to tens of thousands of retail and e-tail partners. Founded in 1985 with a focus on and passion for accessories, today, Petra serves markets with products from more than 60 categories, including smart home tech, housewares, outdoor tech, home and office accessories and much more. The most sought-after hardware and add-ons in consumer technology are stocked at Petra's 525,000 sq. ft., state-of-the-art distribution centre and are distributed all over the country.

https://www.petra.com/

 

About Omnis

Omnis is a US based distributor, partnering with manufacturers of innovative solutions, acting as a catalyst to unlock substantial and sustained market growth. Omnis seek to find optimal routes to market leveraging its network and bringing the best partnerships together.

https://www.omnisusa.com/

 

"We are excited to enter the US markets and are looking forward to accelerated expansion into additional distribution channels to provide US customers with personal fire protection through our Zenova FX500 aersosol fire extinguisher" said Thomas Melchior, CEO of Zenova Group. ""The Zenova FX500 is uniquely designed to address the increasing risk of household lithium battery fires. "

 

Craig Chivers, CEO, Omnis said, "The Zenova FX500 is an ideal product to manage personal fire risks. We are looking forward to expanding market access and deliveries to customers all across the USA."

 

Tate Morgan, President of Petra Industries said: "I am incredibly pleased to receive the first delivery of the cutting-edge Zenova FX500 fire extinguisher. We are excited to be part of Zenova and Omnis's journey to expand US market access to end users in the USA."

 

For further information please contact:

Zenova Group PLC

Thomas Melchior, Chief Executive Officer

Fiona Rodford, Executive Vice Chairperson

 

Via Orana Corporate LLP:Anthony EastmanTel: +44 20 3475 6834

 

SPARK Advisory Partners Limited (Nominated Adviser)

Matt Davis / Adam Dawes

 

Tel: +44 20 3368 3550

SI Capital Limited (Broker)

Nick Emerson

 

 

Tel: +44 1483 413 500

About Zenova Group PLC

 

The Group, through Zenova Ltd, is the holder of intellectual property that underpins a suite of fire safety and temperature management products and technology. The product range is applicable to industrial, commercial, and residential markets. The Group's products include fire retardant paints, insulating paints and render, fire extinguishing fluid and fire extinguishers. Through innovative development, and a refined formulation and development process, Zenova provides industry leading solutions across a range of fire protection and temperature management problems, comprising:

 

Zenova FP, fire protection paint

A water based, fire protection paint (also known as a 'thermofoaming' or 'intumescent' paint), which can be used on any surface and colour matched to any colour. When exposed to heat or flames, the paint expands and creates a solid foam-like crust which will not burn and insulates the surface it is painted on. This prevents surfaces from catching fire and stops fire spreading. It has been tested by global fire industry experts and complies with UK building regulations and the latest UK and European fire safety standards.

 

Zenova IP, thermal insulation paint

A thermal insulation paint embeds the most modern insulating technology in a thermos-like ultra-thin layer. It saves energy by increasing the thermal insulation level in commercial and residential buildings. Solar heat can increase the temperature within a building by 75% to 90%. Zenova IP has been independently tested and validated to deflect, absorb and dissipate up to 75% of this heat, thereby reducing the inside temperature by up to 45%. Suitable for both exterior and interior, on any type of surface

 

Zenova IR, thermal insulation render

Zenova IR is a ready mixed insulation render that can be applied to internal and external walls in commercial and residential buildings to provide immediate insulation benefits and can be colour matched to any colour.

 

Zenova FX, fire extinguishers

A fire extinguisher like no other. It puts out class A, B, F, E fires fully tested against European EN3 as well as British standards. Available in 6 and 9 litre sizes.

 

Zenova FX500, aerosol fire extinguisher

The Zenova FX500 is a high performance handheld fire extinguisher that is tested by independent experts and adheres to the highest industry standards. Safe for use on any type of fire the Zenova FX500 reduces the risk of reignition. The Zenova FX 500 is quick, easy and safe to operated and has been tested to BS6165 standard.

 

Zenova WB, wildfire barrier

A wildfire barrier fluid (applied via spray wands or aerial drops), which provides a virtual barrier where fire simply will not burn. Repeated tests on a variety of extremely dry wildfire fuels (grasses, hays, brush) demonstrates the incredible fire resistance Zenova WB provides, while remaining viable after application for30+ days in dry conditions.

 

Zenova CS, ceiling sprinkler

Blending the best features of both detectors and extinguishers while avoiding the drawbacks of each. It senses heat rather than smoke, resulting in less false alarms, and it's an automatic system that doesn't require a battery or a person to operate it. The modular Zenova CS unit expels 2.4 - 4.8 L of proprietary Zenova FX suppression fluid at high-pressure to suppress the source of a fire, yet maintains visibility that allows occupants to evacuate quickly.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCNKFBQPBKKCCD
12
Date   Source Headline
10th Jan 20237:00 amRNSZenova FX500 Production begins in the USA and UK
30th Nov 20227:01 amRNSBoard Changes
30th Nov 20227:00 amRNSLaunch of FX500 and Year End Trading Update
2nd Nov 20227:00 amRNSZenova Supplies NHS at Royal Sussex County Site
17th Oct 20227:00 amRNSZenova Appoints Robert Price as Distributor
7th Oct 20227:00 amRNSAppoints Palatine Paints as a Sub-Distributor - UK
7th Sep 20227:00 amRNSSIG plc Stock, Distribute & Resell Zenova Products
1st Sep 20227:00 amRNSZenova Products Further Use at Shepperton Studios
31st Aug 202210:30 amRNSInterim Results For The 6mths Ended 31 May 2022
8th Aug 20227:00 amRNSZenova Products Further Use at Pinewood Studios
25th Jul 20227:00 amRNSThree Month Extension to 'Right to Subscribe'
12th Jul 20227:00 amRNSVoluntary Lock-In Extensions
4th Jul 20228:12 amRNSCorrection: Fire Investigation Demonstrations
4th Jul 20227:00 amRNSZenova ‘Fire Investigation Demonstrations’
16th Jun 20227:00 amRNSTesting Confirms Products Reduce Heat Build Up
15th Jun 20227:00 amRNSZenova Product Specified For Modular Eco-Homes
7th Jun 20227:00 amRNSSub-Distribution Partner in Saudi Arabia
25th May 20222:31 pmRNSResult of AGM
23rd May 20227:00 amRNSProducts To Be Used At Major Film & TV Studios
26th Apr 20227:00 amRNSAppointment of Sales Director
25th Apr 20227:00 amRNSPosting of Annual Report and Notice of AGM
21st Apr 20227:00 amRNSAnnual Results For The Period Ended 30 Nov 2021
19th Apr 20227:00 amRNSExtension to Amati's Right to Subscribe
24th Mar 20227:00 amRNSDistribution of Products To European Customers
10th Mar 20227:00 amRNSZenova Appoints BSS as a UK Stockist And Reseller
2nd Mar 20227:00 amRNS‘Real-world’ Kitchen Fire Demonstration
17th Feb 20227:00 amRNSAppointment of US Distribution Partner
20th Jan 20227:00 amRNSZenova Approved as NHS Trusted Partner
4th Jan 20227:00 amRNSChange of Adviser
25th Nov 20219:21 amRNSChange of Registered Office
24th Nov 20217:00 amRNSMajor EUR 9.8m Contract for Products in Europe
16th Nov 20217:00 amRNSZenova FP approved by London Borough of Redbridge
10th Nov 20217:00 amRNSZenova Secures £2m a Year Contract in Australia
8th Nov 20217:00 amRNSZenova FP approved by London Borough of Enfield
12th Oct 20217:00 amRNSLaunch of Zenova WB Anti-Wildfire Product
27th Sep 20217:00 amRNSZenova Products for Southdown Housing Launch Date
1st Sep 20217:00 amRNSAPPOINTMENT OF THE KESWICK ENTERPRISES GROUP LTD
3rd Aug 20217:00 amRNSPilot of Zenova Insulation Products
22nd Jul 20217:00 amRNSAdmission to Trading on AIM, First Day of Dealings
12

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.