SulNOx Group PLC New partnership - Group PMS International (3410I)

TIDMSNOX

RNS Number : 3410I

SulNOx Group PLC

14 April 2022

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.

14 April 2022

SulNOx Group Plc (the "Company" or "SulNOx")

Significant new partnership - Group PMS International

(Aquis Stock Exchange: SNOX)

The board of the directors of the Company (the "Board") is pleased to confirm Group PMS International ("PMS") and SulNOx have joined forces to drive decarbonisation in Europe and North Africa.

PMS is a long established, Spanish multinational based in Barcelona, with subsidiary companies in Algeria and Morocco and business operations in Tunisia, Nigeria, Angola, Cameroon, Ghana and Senegal. As the first foreign company to create a distribution company in Algeria, PMS have more than 50 years' experience as a leader in commodity and specialty chemical distribution in the Magreb region.

Benoît Dagorne responsible for international business development at PMS said of the partnership: "PMS are committed to the sustainable development of not only our company, but our clients across Europe and Africa. SulNOx provides our extensive and significant client base with green solutions to dramatically reduce emissions and fuel consumption.

PMS strives to strengthen the commercial activities of our partners that we represent, and we are proud to represent SulNOx's innovative products to our clients ."

Ben Richardson, CEO of SulNOx added: "We have been in talks with PMS for some time now and are excited by formalising this relationship which opens up meaningful, existing client opportunities in North Africa where SulNOx does not currently have a presence. PMS specialises in (inter alia.) the power supply, oil & gas and construction sectors where the SulNOx products add tremendous financial and environmental value. What is clear is that PMS are experts and trusted by their clients and we look forward to a long and lucrative partnership."

- Ends -

For further information please contact:

 
SulNOx Group plc                 Tel: [phone] 
 Steven Cowin, Chief Financial 
 Officer 
 
Allenby Capital Limited          Tel: [phone] 
 (AQSE Corporate Adviser) 
 Nick Harriss / John Depasquale 
 

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April 14, 2022 02:11 ET (06:11 GMT)