RCS - Light Science Tech. - BSR Strategic Plan: Positive Implications for PFP

Light Science Technologies HoldingsAnnouncement

09/04/2026 08:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260409:nRSI7917Za&default-theme=true

RNS Number : 7917Z  Light Science Tech. Holdings PLC  09 April 2026

REACH: non-regulatory announcement*

 

Light Science Technologies Holdings plc

("LSTH", "Light Science", the "Company" or the "Group")

 

BSR Strategic Plan: Positive Implications for PFP Backlog

 

Light Science Technologies Holdings plc (AIM: LST), the controlled environment
agriculture and passive fire protection group, notes the recent publication of
the UK Government's Building Safety Regulator ("BSR") Strategic Plan
("Plan")  for 2026-2027, which highlights the need to cut delays and
expediate cladding remediation schemes.

 

The Plan, which can be viewed in full here: Building Safety Regulator
strategic plan 2026 to 2027 - GOV.UK
(https://www.gov.uk/government/publications/building-safety-regulator-strategic-plan-2026-to-2027/building-safety-regulator-strategic-plan-2026-to-2027)
sets out an ambition to deliver decisions on a significant proportion of
remediation applications within a 12-week timeframe (for non-complex cases),
alongside measures to improve application quality, increase transparency, and
streamline engagement with industry participants. Notably, the regulator has
also stated 'building control approval will no longer be a blocker to fixing
homes'.

 

The Company welcomes the BSR's clear acknowledgement of current delays within
the building safety approvals process and its stated commitment to improving
throughput and reducing bottlenecks.

 

Implications for LST's Passive Fire Protection Division

As previously highlighted by the Company, its Passive Fire Protection ("PFP")
division, which specialises in fire remediation solutions including the
patented Injectaclad cavity fire barrier remediation system, has experienced
delays in project mobilisation due to extended BSR approval timelines. This
has contributed to a build-up of a substantial pipeline of contracted and
near-term projects awaiting regulatory sign-off.

 

Simon Deacon, Chief Executive Officer of Light Science Technologies Holdings
plc, commented: "The Board believes that the measures highlighted in this plan
represent a positive step towards unlocking the BSR backlog. In particular,
the introduction of clearer timelines, improved regulator-industry
coordination, and a stated commitment to removing approval bottlenecks will
help to support the conversion of the Company's existing project backlog into
active revenue-generating contracts.

 

"While the implementation of these measures may take time and that some
complexity will remain in the approvals process, we believe that the plan
represents a meaningful step towards improving market conditions for the
Company's PFP division.

 

"Accordingly, the Board is increasingly confident in the medium-term outlook
for the division, with potential for improved backlog conversion and enhanced
revenue visibility as regulatory processes become more efficient."

 

For additional information please contact:

 

 Light Science Technologies Holdings plc           www.lightsciencetechnologiesholdings.com

                                                 (https://url.avanan.click/v2/___http:/www.lightsciencetechnologiesholdings.com___.YXAxZTpzaG9yZWNhcDphOm86MTlmNzYzNGJmOTdhZjljN2NlYmY1NTE0MTU5YjU4OGE6Njo2MjU4Ojg0NjljYWU0NTM5NThlNTU4NGExYjViYzQ0MmU2NDA0MDA1MjgwYzY4ZWEwMWQ2ZjEzY2M3MTUzZDJmZGNmMzU6cDpUOk4)
 Simon Deacon, Chief Executive Officer

                                                 via Walbrook PR
 Jim Snooks, Chief Financial Officer

 Andrew Hempsall, Chief Operating Officer

 Shore Capital (Nominated Adviser and Broker)        +44 (0)20 7408 4050

 Stephane Auton / George Payne

 Walbrook PR Ltd (Media & Investor Relations)      Tel: +44 (0)20 7933 8780 or lst@walbrookpr.com (mailto:lst@walbrookpr.com)

 Nick Rome / Marcus Ulker

 

 

Notes to Editors:

 

About Light Science Technologies Holdings
plc (www.lightsciencetechnologiesholdings.com
(http://www.lightsciencetechnologiesholdings.com/) )

Light Science Technologies Holdings plc operates through three divisions:
Passive fire protection ("PFP"); AgTech ("AGT") and contract electronics
manufacturing ("CEM"). The company is involved in the design, manufacturing,
and installation of products and customized solutions spanning various
industry sectors, including commercial horticulture, pest control, lighting,
audio, gas detection, and fire protection. With a focus on addressing global
challenges related to food security, climate change, and fire protection, the
Group is committed to developing robust solutions in these rapidly growing
market sectors.

 

LSTH is the holding company for LSTH IFB Limited ("LSTH IFB") in the PFP
division; Light Science Technologies Ltd ("Light Science Technologies") and
Tomtech (UK) Limited ("Tomtech") in the AGT division and UK Circuits and
Electronics Solutions Limited ("UK Circuits") in the CEM division.

 

Passive Fire Protection (https://injectafirebarrier.com/
(https://injectafirebarrier.com/) )

 

LSTH IFB offers a practical and cost-effective solution to rectify
non-compliant public and private buildings, spanning residential, commercial,
and industrial sectors, with regard to fire safety regulations - a challenge
addressed by a £6.1 billion allocation from the UK government. Serving as the
UK's premier independent approved installer, LSTH IFB utilises the
ground-breaking Injectaclad fire-resistant graphite barrier system. This
system is retroactively installed within building cavities, reinstating
fire-resistant performance and containing the spread of fire and smoke
compliant with regulatory requirements. This innovative solution stands out as
an appealing alternative to the more costly and disruptive method of removing
external facades and installing traditional fire barriers. With a proven track
record in the passive fire protection market and a robust sales pipeline, LSTH
IFB targets a UK market potentially valued at up to £50 billion*.

 

AgTech

The Group's tailored solutions encompass control systems, grow lights, sensor
technology, venting, and irrigation systems, catering to both UK and global
customers. Key markets include indoor, vertical, glasshouses, polytunnels, and
more recently wider applications in broadacre farming. Driving factors
comprise global food and water shortages, a growing population, government
policies promoting sustainable growth methods, heightened scrutiny of food
production's impact on climate change, and a shift away from processed foods.
Key markets span the Americas, Australasia, and select locations in the Middle
East.

 

The sensorGROW technology enables real-time monitoring of essential air zone
growing factors such as carbon dioxide, air humidity, air pressure, air
temperature and light, in addition to essential root zone cardinals such as
soil temperature, soil moisture, and soil electroconductivity. Further
developments to monitor greenhouse gases, initially Nitrous Oxide (N20) are in
progress. This empowers farmers to enhance resource management, saving costs
on water, nutrients, fertilizers, and energy, while simultaneously increasing
yields and cultivating healthier crops. Learn more here:
https://lightsciencetech.com/sensorgrow/
(https://lightsciencetech.com/sensorgrow/)  . The nurturGROW sustainable grow
lighting product range, applicable to greenhouses, vertical farming,
polytunnels, and licensed medicinal plants, addresses a robust market with an
anticipated global worth of £9.1 billion** by 2030. Explore solutions
here https://lightsciencetech.com/solutions/greenhouse/
(https://lightsciencetech.com/solutions/greenhouse/)

 

Through Tomtech, the Group stands out as a UK leader in control systems for
commercial greenhouses and polytunnels. Tomtech enables growers to optimise
and automate cultivation environments, leading to superior crop growth. The
product range includes control systems, software, irrigation, lighting,
sensors, and venting, applicable across various crops, ultimately improving
yields and profitability. Discover more here https://www.tomtech.co.uk/
(https://www.tomtech.co.uk/)

 

Contract Electronics Manufacturing (https://www.ukcircuits.co.uk/
(https://www.ukcircuits.co.uk/) )

 

UK Circuits serves as the Group's profitable and revenue-strong CEM-focused
division. It excels in designing, procuring, and manufacturing high-quality
electronic products, with a specialisation in Printed Circuit Boards. These
products find application across diverse sectors such as audio, automotive,
electronics, gas detection, lighting, pest control, telecommunications and
AgTech.

 

* Estimators price cladding replacement at 10 times government budget
(theconstructionindex.co.uk)
(https://urldefense.proofpoint.com/v2/url?u=https-3A__www.theconstructionindex.co.uk_news_view_estimators-2Dprice-2Dcladding-2Dreplacement-2Dat-2D10-2Dtimes-2Dgovernment-2Dbudget&d=DwMGaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=k3ztxpiL9GaLwCCGU9fPymgPVcqvYBuqTjjYyTHwiDE&m=FkrfCU8L8JbNSpJy2iOqi_ufsIhPkBWqki20NIFJFw75Xk8uHWT1vpic2OJY0ioQ&s=PR1_EBbDTB9ZM08WpCO_9ThUQ0hELxP6lsaT57zpanA&e=)
 2021

**Report: Allied Market Research LED Grow Lights Market Analysis 2030;
(https://www.alliedmarketresearch.com/led-grow-lights-market-A12416): USD
$12.3 billion by 2030 converted at GBP £1 = USD $1.35.
(Report:%20Allied%20Market%20Research%20LED%20Grow%20Lights%20Market%20Analysis%202030;%20(https://www.alliedmarketresearch.com/led-grow-lights-market-A12416):%20USD%20$12.3%20billion%20by%202030%20converted%20at%20GBP%20%C2%A31%20=%20USD%20$1.35.%C2%A0%C2%A0)

 

 

*About Reach announcements

This is a Reach announcement. Reach is an investor communication service aimed
at assisting listed and unlisted (including AIM quoted) companies to
distribute media only / non-regulatory news releases into the public domain.
Information required to be notified under the AIM Rules for Companies, Market
Abuse Regulation or other regulation would be disseminated as an RNS
regulatory announcement and not on Reach.

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAEAKLNESPKEEA



            Copyright 2019 Regulatory News Service, all rights reserved