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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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Sprue Aegis | LSE:SPRP | London | Ordinary Share | GB0030508757 | ORD 2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 77.00 | 75.00 | 79.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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TIDMFA.
FireAngel Safety Technology Group
28 February 2019
28 February 2019
FireAngel Safety Technology Group plc
('FireAngel' or the 'Company')
Contract win
FireAngel (AIM: FA.), one of Europe's leading developers and suppliers of home safety products, announces that, following the introduction of new legislation in Scotland, it has signed an agreement to supply mains and battery-powered smoke and heat alarms to another housing association
The Company will supply West of Scotland Housing Association ("WSHA") with a combination of interlinked mains and battery-powered products to around 3,500 homes.
This contract win follows the requirement for greater safety standards introduced in the Housing (Scotland) Act, which came into force on 1 February 2019. This requires all homes to have a smoke alarm fitted in the living room or lounge and in circulation spaces such as hallways, landings and kitchens and all fitted alarms are required to be interlinked so they can be heard throughout the property. Homes are also required to have a carbon monoxide alarm fitted wherever there are fixed combustion appliances.
Neil Smith, Group Chief Executive of FireAngel, commented: "Further to the implementation of the recent new legislation in Scotland, we are delighted to have signed another housing association. This follows our recent agreements signed with Queens Cross Housing Association, River Clyde Homes and Caledonia Housing Association and demonstrates the demand for FireAngel's compliant and interlinked products."
For further information, please contact:
FireAngel Safety Technology Group plc 02477 717 700 Neil Smith, Group Chief Executive Mike Stilwell, Group Finance Director Stockdale Securities Limited 020 7601 6100 Tom Griffiths Vigo Communications 020 7390 0230 Jeremy Garcia / Fiona Henson / Charlie Neish
Notes to Editors
About FireAngel Safety Technology Group plc ('FireAngel')
FireAngel's mission is to protect, save and improve our customers' lives by making innovative, leading edge technology simple and accessible. FireAngel is one of the market leaders in the European home safety products market and launched its own connected homes product proposition at the end of 2016.
FireAngel's principal products are smoke alarms, CO alarms and accessories. The Company has an extensive portfolio of patented intellectual property in Europe, the US and other selected territories. Products are sold under FireAngel's leading brands of FireAngel, FireAngel Pro, AngelEye and FireAngel Connect.
For further product information, please visit: www.fireangeltech.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
February 28, 2019 02:03 ET (07:03 GMT)
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