RCS - Zenova Group PLC - Trial Order from The University of Sheffield

ZenovaAnnouncement

01/07/2024 07:00

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RNS Number : 4782U  Zenova Group PLC  01 July 2024

1 July 2024

Zenova Group PLC

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

 Trial Order from The University of Sheffield

Initial material interest from Sheffield University to replace its installed
base of extinguishers and further upgrade fire safety in all buildings a
primary catalyst for four leading Zenova distributors to merge to form ESP Ltd

 

Zenova Group PLC (AIM: ZED), the innovative fire suppression and interdiction
solutions Company, is pleased today to announce the first trial orders placed
by Sheffield University through ESP Ltd and advanced negotiations between ESP
Ltd and Sheffield University and to replace its entire installed base of 4,500
6L fire extinguishers across its campus as well as improving fire safety
further by equipping its buildings with the Group's smaller FX500s.

 

This was the catalyst for Zenova's four principal distributors in the UK to
merge to create Environmental Safety Protection Ltd (ESP ltd), this collective
agreement is the best way for the partners to capture the growing demand for
Zenova products in the UK marketplace through leveraging their network.

 

Early evidence of ESP's potential is underscored by the materiality of these
negotiations with Sheffield University which follow The Group's recent
Kitemark award and the subsequent breakthrough with the first deliveries of
the Zenova FX extinguisher range in the UK.

 

Glenn Butler, Head of Fire Services, commented, "After witnessing the
versatility of the FX extinguisher range in terms of its effectiveness on a
variety of different fires during a series of demonstrations at the Fire
Service College at Moreton-in-Marsh I was keen to introduce them into the
university. We now have the FX500 installed in our student accommodation for
use as a first strike for a fire starting in the kitchen as well as larger FX
extinguishers to cover other risks elsewhere around the university."

 

Paul Watkins of ESP Ltd commented, "We observed with great anticipation as the
UK market opportunity for their cutting-edge paints and extinguishers has
grown alongside the Company's steady, deliberate effort to complete the often
arduous certification process here and in Europe.  Along with 3 equally
experienced partners from fire safety product sales, all of whom share my
conviction around the growth potential of Zenova's product range, we have
formed ESP Ltd in order to best capture that growth.  Sheffield University is
my long-time customer, and I can confirm that the Zenova FX extinguisher's
capabilities helped move their representatives towards a full-scale
replacement of their installed extinguisher base as well as an upgrade to
their overall fire interdiction capabilities."

 

Thomas Melchior, CEO of Zenova Group, commented,  "All of our stakeholders at
Zenova should not underestimate the endorsement of our products that the
formation of ESP Ltd conveys.  The advanced discussions with Sheffield
University for a substantial extinguisher order are clearly just the beginning
of what ESP's four partners feel they can deliver, and thus I look forward to
updating the market in the weeks to comment on their - and the Company's -
continued sales progress."

 

 

For further information please contact:

Zenova Group PLC

Thomas Melchior, Chief Executive Officer                Via
Orana Corporate LLP:

Fiona Rodford, Chair
 
                        Anthony Eastman

Tel: +44 20 3475 6834

 

SPARK Advisory Partners Limited (Nominated Adviser)

Matt Davis / Adam
Dawes
Tel: +44 20 3368 3550

 

Peterhouse Capital Limited (Broker)

Charles Goodfellow / Rose Greensmith
Tel: +44 207 469 0930

 

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 and electrical
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.

 

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