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FA. Fireangel Safety Technology Group Plc

4.25
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Fireangel Safety Technology Group Plc LSE:FA. 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
  0.00 0.00% 4.25 3.50 5.00 4.25 4.25 4.25 15,939 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Equip, Nec 57.46M -5.85M -0.0323 -1.32 7.7M

FireAngel Safety Technology Group Agreement with Link Group

22/03/2019 7:01am

RNS Non-Regulatory


TIDMFA.

FireAngel Safety Technology Group

22 March 2019

22 March 2019

FireAngel Safety Technology Group plc

('FireAngel' or the 'Group' or the 'Company')

Agreement with Link Group

FireAngel (AIM: FA.), one of Europe's leading developers and suppliers of home safety products, announces that it is to supply smoke and heat alarms to a further housing association in Scotland.

FireAngel will supply Falkirk-based Link Group with the Group's wireless interlinked mains-powered and battery-powered smoke and heat alarms.

The agreement with Link Group, that manages 10,000 properties, is the latest in a series of related wins for FireAngel, follows the requirement from 1 February 2019, for greater safety standards as part of the Housing (Scotland) Act. The new standards require all homes to have a smoke alarm fitted in the living room or lounge and in circulation spaces such as hallways, landings and heat alarms in kitchens. 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: "Today's announcement with Link Group is the latest in a series of agreements with housing associations following the implementation of the Housing Scotland Act. We are pleased to see such traction, which further validates how well-placed FireAngel is to respond to demand for compliant, interlinked products following the introduction of the regulation."

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.

END

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(END) Dow Jones Newswires

March 22, 2019 03:01 ET (07:01 GMT)

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