TIDMZED
RNS Number : 5041W
Zenova Group PLC
18 April 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
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DOMAIN
18 April 2023
Zenova Group PLC
("Zenova", the "Company" or the "Group")
Zenova's sub-distributor ZenSafe Ltd places a first order for
Amazon in the UK
Zenova Group PLC (AIM: ZED) is pleased to announce that via
Zensafe Ltd (one of its sub-distributors in the UK) it has received
a first order for the FX500 aerosol fire extinguisher for Zensafe's
account with Amazon. Zensafe's order of 10,000 units (Amazon retail
value of GBP30 per unit, totaling GBP300,000) will be supplied to
Amazon via Zenova's logistics partner The Keswick Group and will be
sold via Zensafe who are marketing the FX500 on its platform on
Amazon. The first 500 units have been delivered and stocked into
Amazon to commence sales.
Zenova - a provider of fire safety and heat management
technology solutions to a wide range of users across the globe, is
in production of the FX500 in Canada as well as the UK. The FX500
is now ready for both the retail and commercial markets, having
significant performance capabilities of extinguishing all fire
types at the simple push of a button even operating at -10
centigrade. In addition The FX500 has been tested to BS6165
standards which although not required from a regulatory perspective
validates the effectiveness of the extinguisher.
The FX500 has testing validation and this is in line with
Zenova's policy of obtaining third party independent testing for
all of its products and where required by regulation certification
of the performance of its products.
Commenting on the FX500, Tony Crawley, CEO of Zenova Group PLC,
said: Following the production in the UK it is very encouraging
that our sub-distributor has developed the platform on Amazon and
is now selling our products via that channel. This follows
successful third party testing to BS6165 confirming the FX500
extinguisher capabilities. We expect this to be the first of many
orders as we experience demand for this product not just in the UK
but around the world given its powerful properties extinguishing
all types of fire. It is safe to deploy the FX500 in a kitchen
environment where 75% of all residential fires start and will
safely tackle oil fires amongst others as well as electrical
fires.
For further information please contact:
Zenova Group PLC
Tony Crawley, Chief Executive Officer Via Orana Corporate LLP:
Don Nicolson, Executive Chairman Anthony Eastman
Tel: +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
solutions 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-protection paint that prevents ignition and
spread of fire. It can be used in commercial, industrial, and
domestic applications on a 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 FX500
A high-performance handheld fire extinguisher that is tested by
independent experts and adheres to the highest industry standards.
The fire extinguisher is safe to use on any type of fire, reduces
the risk of reignition once the fire has been extinguished and has
been tested to the BS 6165 standard. It boasts an efficient and
compact design, allowing for it to be dispersed from any 360deg
orientation, which ensures that the Zenova FX500 is convenient to
handle and simple to operate while providing the user with a highly
effective and fast working fire extinguisher.
Zenova IP
Thermal insulation paint that creates a thermal barrier,
provides thermal reflection of sunrays and 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 insulation 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 WB
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 for
30+ days in dry conditions.
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
www.zenovagroup.com
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