Zenova Group PLC APPOINTMENT OF THE KESWICK ENTERPRISES GROUP LTD (2707K)

TIDMZED

RNS Number : 2707K

Zenova Group PLC

01 September 2021

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 ("MAR") WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

1 September 2021

Zenova Group PLC

APPOINTMENT OF THE KESWICK ENTERPRISES GROUP LTD AS GLOBAL DISTRIBUTOR TO ZENOVA (AIM: ZED)

Zenova Group PLC ("Zenova", the "Company" or the "Group"), a provider of innovative fire safety and heat management technology and products, is pleased to announce that it has appointed The Keswick Enterprises Group Ltd ("Keswick") to distribute, warehouse and provide logistics support for its innovative insulation products globally, and to provide a complete supply chain where required.

The Keswick Enterprises Group is a privately owned UK-based business, with subsidiaries in the UK, Ireland and Central Europe and offers extensive global experience in sourcing, supply chain, forwarding and fulfilment related activities. Led by John Harvey and a group of former Tibbett and Britten Group PLC executives, Keswick was set up in 2004, and brings a wealth of international contacts and experience to Zenova.

John Harvey CBE, Executive Chairman of The Keswick Enterprises Group, said:

"We are proud to have been appointed by Zenova as its global proactive supply chain partner and distributor. I believe that Zenova has the technology, management and ambition to become the market leader in fire safety and heat management solutions. We look forward to contributing to its future success."

Tony Crawley, Chief Executive Officer of Zenova Group PLC, said:

"This is a key milestone in Zenova's growth strategy. Working together with Keswick will ensure that an efficient and cost-effective service will be provided to our developing base of customers around the world.

"Our innovative products in the fire and heat management sector will be of great interest to a broad range of business customers seeking to address the new legislation dealing with safety, energy efficiency and reducing carbon footprint. Zenova is already demonstrating that its products can meet these challenges head on with its range of powerful solutions. In particular, the urgent need to improve the fabric and infrastructure of buildings is creating significant market potential for our products.

"We look forward to working with Keswick to develop a long-term relationship, which will in turn improve market penetration and grow our order book."

 
 
   Enquiries: 
   Zenova Group PLC 
 Tony Crawley, Chief Executive Officer        Via Orana Corporate 
  Don Nicolson, Non-Executive Chairman         LLP: 
                                               Anthony Eastman 
                                               Tel: [phone] 
                                               6834 
 
 SPARK Advisory Partners Limited (Nominated 
  Adviser) 
 Matt Davis / Adam Dawes                      Tel: [phone] 
                                               3550 
 
 
 Brandon Hill Capital Limited (Broker) 
 Oliver Stansfield                            Tel: [phone] 
                                               5000 
 Jonathan Evans 
 

Recognition PR (Media Relations)

Mark Herbert Tel: [phone]

Jamie Collis

Tel: [phone]

Note to Editors:

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 applications. 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

A water-based fire-resistant paint that prevents ignition and spread of fire. It can be used in commercial, industrial and domestic applications on variety of materials, from wood to metal.

Zenova FX

Patent pending fire extinguisher filled with proprietary Zenova Fluid (Zenova FXB) that extinguishes all types of fires, reduces chances of re-ignition, works in cold (-15 C) conditions, is non-toxic and does not produce harmful by-products.

Zenova IP

Thermal insulating paint that provides thermal reflection of sunrays & infrared radiation, anti-condensation and anti-mould properties. It can be applied to virtually any exterior or interior material, regardless of the surface.

Zenova IR

Thermal insulating render to enhance the effectiveness of insulation by creating a thermo shield. It fills all cavities and gaps regardless of geometric shape and creates a vacuum - the most effective insulator.

Zenova CS

Patent pending next generation ceiling sprinkler filled with proprietary Zenova Fluid (Zenova FXB) that removes the need to install large fluid tanks, piping, complicated equipment and software. This sprinkler could be installed in the kitchen.

The Group has achieved this without compromising the sustainability of natural and economical resources, including personal health and safety , with ecologically sound products.

Further information on the Group can be found at https://zenovagroup.com .

Forward looking statements

Certain statements in this document are or may constitute forward looking statements, including statements about current beliefs and expectations of the Directors. In particular, the words "expect", "anticipate", "estimate", "may", "should", "plan", "intend", "will", "would", "could", "target", "believe" and similar expressions (or in each case their negative and other variations or comparable terminology) can be used to identify forward looking statements. Such forward looking statements are based on the Board's expectations of external conditions and events, current business strategy, plans and the other objectives of management for future operations, and estimates and projections of the Company's financial performance.

Though the Board believes these expectations to be reasonable at the date of this document they may prove to be erroneous. Forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, achievements or performance of the Company, or the industry in which the Company operates, to be materially different from any future results, achievements or performance expressed or implied by such forward looking statements.

Any forward looking statement in this document speaks only as of the date it is made. Save as required by law or the AIM Rules, the Company undertakes no obligation to publicly release the results of any revisions to any forward looking statements in this document that may occur due to any change in the Board's expectations or in order to reflect events or circumstances after the date of this document.

Any forward looking statement in this document based on past or current trends and/or activities of the Company should not be taken as a representation or assurance that such trends or activities will continue in the future. No statement in this document is intended to be a profit forecast.

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September 01, 2021 02:00 ET (06:00 GMT)