TIDMZED
RNS Number : 2707K
Zenova Group PLC
01 September 2021
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.
1 September 2021
Zenova Group PLC
APPOINTMENT OF THE KESWICK ENTERPRISES GROUP LTD AS GLOBAL
DISTRIBUTOR TO ZENOVA (AIM: ZED)
Zenova Group PLC ("Zenova", the "Company" or the "Group"), a
provider of innovative fire safety and heat management technology
and products, is pleased to announce that it has appointed The
Keswick Enterprises Group Ltd ("Keswick") to distribute, warehouse
and provide logistics support for its innovative insulation
products globally, and to provide a complete supply chain where
required.
The Keswick Enterprises Group is a privately owned UK-based
business, with subsidiaries in the UK, Ireland and Central Europe
and offers extensive global experience in sourcing, supply chain,
forwarding and fulfilment related activities. Led by John Harvey
and a group of former Tibbett and Britten Group PLC executives,
Keswick was set up in 2004, and brings a wealth of international
contacts and experience to Zenova.
John Harvey CBE, Executive Chairman of The Keswick Enterprises
Group, said:
"We are proud to have been appointed by Zenova as its global
proactive supply chain partner and distributor. I believe that
Zenova has the technology, management and ambition to become the
market leader in fire safety and heat management solutions. We look
forward to contributing to its future success."
Tony Crawley, Chief Executive Officer of Zenova Group PLC,
said:
"This is a key milestone in Zenova's growth strategy. Working
together with Keswick will ensure that an efficient and
cost-effective service will be provided to our developing base of
customers around the world.
"Our innovative products in the fire and heat management sector
will be of great interest to a broad range of business customers
seeking to address the new legislation dealing with safety, energy
efficiency and reducing carbon footprint. Zenova is already
demonstrating that its products can meet these challenges head on
with its range of powerful solutions. In particular, the urgent
need to improve the fabric and infrastructure of buildings is
creating significant market potential for our products.
"We look forward to working with Keswick to develop a long-term
relationship, which will in turn improve market penetration and
grow our order book."
Enquiries:
Zenova Group PLC
Tony Crawley, Chief Executive Officer Via Orana Corporate
Don Nicolson, Non-Executive Chairman LLP:
Anthony Eastman
Tel: +44 20 3475
6834
SPARK Advisory Partners Limited (Nominated
Adviser)
Matt Davis / Adam Dawes Tel: +44 20 3368
3550
Brandon Hill Capital Limited (Broker)
Oliver Stansfield Tel: +44 20 3463
5000
Jonathan Evans
Recognition PR (Media Relations)
Mark Herbert Tel: +44 07770 382608
Jamie Collis
Tel: +01325 363436
Note to Editors:
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 applications. 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
A water-based fire-resistant paint that prevents ignition and
spread of fire. It can be used in commercial, industrial and
domestic applications on variety of materials, from wood to
metal.
Zenova FX
Patent pending fire extinguisher filled with proprietary Zenova
Fluid (Zenova FXB) that extinguishes all types of fires, reduces
chances of re-ignition, works in cold (-15 C) conditions, is
non-toxic and does not produce harmful by-products.
Zenova IP
Thermal insulating paint that provides thermal reflection of
sunrays & infrared radiation, anti-condensation and anti-mould
properties. It can be applied to virtually any exterior or interior
material, regardless of the surface.
Zenova IR
Thermal insulating render to enhance the effectiveness of
insulation by creating a thermo shield. It fills all cavities and
gaps regardless of geometric shape and creates a vacuum - the most
effective insulator.
Zenova CS
Patent pending next generation ceiling sprinkler filled with
proprietary Zenova Fluid (Zenova FXB) that removes the need to
install large fluid tanks, piping, complicated equipment and
software. This sprinkler could be installed in the kitchen.
The Group has achieved this without compromising the
sustainability of natural and economical resources, including
personal health and safety , with ecologically sound products.
Further information on the Group can be found at
https://zenovagroup.com .
Forward looking statements
Certain statements in this document are or may constitute
forward looking statements, including statements about current
beliefs and expectations of the Directors. In particular, the words
"expect", "anticipate", "estimate", "may", "should", "plan",
"intend", "will", "would", "could", "target", "believe" and similar
expressions (or in each case their negative and other variations or
comparable terminology) can be used to identify forward looking
statements. Such forward looking statements are based on the
Board's expectations of external conditions and events, current
business strategy, plans and the other objectives of management for
future operations, and estimates and projections of the Company's
financial performance.
Though the Board believes these expectations to be reasonable at
the date of this document they may prove to be erroneous. Forward
looking statements involve known and unknown risks, uncertainties
and other factors which may cause the actual results, achievements
or performance of the Company, or the industry in which the Company
operates, to be materially different from any future results,
achievements or performance expressed or implied by such forward
looking statements.
Any forward looking statement in this document speaks only as of
the date it is made. Save as required by law or the AIM Rules, the
Company undertakes no obligation to publicly release the results of
any revisions to any forward looking statements in this document
that may occur due to any change in the Board's expectations or in
order to reflect events or circumstances after the date of this
document.
Any forward looking statement in this document based on past or
current trends and/or activities of the Company should not be taken
as a representation or assurance that such trends or activities
will continue in the future. No statement in this document is
intended to be a profit forecast.
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