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
15 June 2022
Zenova Group PLC
("Zenova", the "Company" or the "Group")
Zenova Product Specified For Use In Modular 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."
For further information please contact:
Zenova Group PLC | |
Tony Crawley, Chief Executive Officer Don Nicolson, Non-Executive Chairman
| Via Orana Corporate LLP:
|
SPARK Advisory Partners Limited (Nominated Adviser) | |
Matt Davis / Adam Dawes
| Tel: +44 20 3368 3550 |
SI Capital Limited (Broker) | |
Nick Emerson
| Tel: +44 1483 413 500 |
Redbine Ltd (Media Enquiries) | |
Paul Dulieu
| Tel: +44 203 093 9530 +44 7554 521 421 Email: paul@redbine.co.uk |
About Zenova Group PLC:
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:
A water-based fire-protection 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.
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.
Thermal insulation paint that creates a thermal barrier, provides thermal reflection of sunrays and infrared radiation, anti-condensation, and anti-mould properties. It can be applied to virtually any exterior or interior material, regardless of the surface.
Thermal insulation 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.
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 www.zenovagroup.com
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.