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 BYVIRTUEOF THEEUROPEAN (WITHDRAWAL) ACT 2018,AS AMENDED. ON PUBLICATIONOFTHIS ANNOUNCEMENTVIAAREGULATORYINFORMATIONSERVICE,THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN
15June2022
ZenovaGroupPLC
("Zenova",the"Company"orthe"Group")
ZenovaProductSpecifiedForUseInModular Eco-Homes
Zenova Group PLC (AIM: ZED), a provider of innovative fire safety and heat management technology and products, is pleased to announce that its Zenova IR thermal insulation render has been specified by KC Cabins Solutions Ltd ("KC Cabins") for use in the constructions of its modular eco-homes.
KC Cabins specialises in providing high quality, energy efficient, modular, and portable buildings, cabins, and units for both residential and commercial use. It will be using Zenova IR thermal insulation render to provide enhanced insulation on its new modular eco-home range of buildings. Zenova has reached agreement with KC cabins to supply render sufficient to insulate 250 eco-homes amounting to in total 50,000 litres of Zenova IR.
Commenting on the news, Tony Crawley, Chief Executive of Zenova Group PLC said: "KC Cabins specifying Zenova IR thermal insulation render for use on its modular-eco homes is an exciting and significant development for Zenova.
"As well as showing the opportunity Zenova has in yet another sector and application, the modular and prefabricated housing sector is a large and growing market, including in the UK where many see it as part of the solution to the housing crisis we currently face.
"Where Zenova IR thermal insulation render benefits the modular and prefabricated building sector is that it helps address the challenge of ensuring adequate insulation in buildings where space and cost are limiting factors; something traditional insulation materials often struggle to achieve. Zenova IR thermal insulation render also provides a decorative finish and improved fire ratings, which are additional factors that KC Cabins have recognised.
"We look forward to working with KC Cabins going forward as they pave the way in using Zenova's innovative products in this important, growing sector."
Forfurtherinformationpleasecontact: Zenova Group PLC
TonyCrawley,ChiefExecutiveOfficer DonNicolson,Non-ExecutiveChairman | ViaOranaCorporateLLP: AnthonyEastman Tel:+442034756834 |
SPARKAdvisoryPartnersLimited(NominatedAdviser) | |
MattDavis/AdamDawes | Tel:+442033683550 |
SICapitalLimited(Broker) |
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NickEmerson | Tel:+441483413500 |
RedbineLtd (MediaEnquiries) |
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PaulDulieu | Tel:+44203 0939530 +447554521421 Email:paul@redbine.co.uk |
AboutZenovaGroupPLC:
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, Zenovaprovidesindustryleadingsolutionsacrossarangeoffireprotectionandtemperature management problems, comprising:
Awater-basedfire-protectionpaintthatpreventsignitionandspreadoffire.Itcanbeusedincommercial, industrial, and domestic applications on variety of materials, from wood to metal.
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 (-15̊C) conditions, is non-toxic and does not produce harmful by-products.
Thermalinsulationpaintthatcreatesathermalbarrier,providesthermalreflectionofsunraysandinfrared radiation, anti-condensation, and anti-mould properties. It can be applied to virtually any exterior or interior material, regardless of the surface.
Thermalinsulationrendertoenhancetheeffectivenessofinsulationbycreatinga thermoshield.Itfillsall cavities and gaps regardless of geometric shape and creates a vacuum - the most effective insulator.
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 economicalresources,includingpersonalhealthandsafety,withecologicallysoundproducts.
FurtherinformationontheGroupcanbefoundatwww.zenovagroup.com