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.