31
May 2024
Zenova Group
PLC
("Zenova", the "Company" or the "Group")
Delay to Publication of Annual
Report and Accounts
Temporary
Suspension
Zenova Group PLC (AIM: ZED), the innovative fire suppression and
interdiction solutions Company, announces a delay in the
publication of its Annual Report and Accounts for the year ended 30
November 2023 (the "Accounts").
The preparation of the Accounts has
been ongoing and despite the best efforts of all parties, the
Company's auditor requires further time to complete usual sign off
procedures.
The Company expects to be in a
position to publish its final audited Annual Report and Results for
the year ended 30 November 2023 by the 7 June 2024, following which
trading in its shares will be restored.
As a result of the delay, trading in
the Company's ordinary shares on AIM will be suspended with effect
from 7.30am on the 3 June 2024. Suspension from trading will be
lifted with the publication of the Accounts.
For further information please
contact:
Zenova Group PLC
Thomas Melchior, Chief Executive
Officer
Via Orana Corporate LLP:
Fiona Rodford, Chair
Anthony Eastman
Tel: +44 20 3475 6834
SPARK Advisory Partners Limited (Nominated
Adviser)
Matt Davis / Adam
Dawes
Tel: +44 20 3368 3550
Peterhouse Capital Limited (Broker)
Charles
Goodfellow
Tel: +44 207 469 0930
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
fire extinguishers. 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, fire protection
paint
A water based, fire protection paint
(also known as a 'thermofoaming' or 'intumescent' paint), which can
be used on any surface and colour matched to any colour. When
exposed to heat or flames, the paint expands and creates a solid
foam-like crust which will not burn and insulates the surface it is
painted on. This prevents surfaces from catching fire and stops
fire spreading. It has been tested by global fire industry
experts and complies with UK building regulations and the latest UK
and European fire safety standards.
Zenova IP, thermal insulation
paint
A thermal insulation paint embeds the
most modern insulating technology in a thermos-like ultra-thin
layer. It saves energy by increasing the thermal
insulation level in commercial and residential
buildings. Solar heat can increase the temperature within a
building by 75% to 90%. Zenova IP has been independently tested and
validated to deflect, absorb and dissipate up to 75% of this
heat, thereby reducing the inside temperature by up to 45%.
Suitable for both exterior and interior, on any type of
surface
Zenova IR, thermal insulation
render
Zenova IR is a ready mixed insulation
render that can be applied to internal and external walls in
commercial and residential buildings to provide immediate
insulation benefits and can be colour matched to any
colour.
Zenova FX, fire
extinguishers
A fire extinguisher like no other. It
puts out class A, B, F and electrical fires fully tested against
European EN3 as well as British standards. Available in 6 and 9
litre sizes.
Zenova FX500, aerosol fire
extinguisher
The Zenova FX500 is a
high-performance handheld fire extinguisher that is tested by
independent experts and adheres to the highest industry
standards. Safe for use on any type of fire the Zenova
FX500 reduces the risk of reignition. The Zenova FX 500 is quick,
easy and safe to operated and has been tested to BS6165
standard.
Zenova WB, wildfire
barrier
A wildfire barrier fluid (applied via
spray wands or aerial drops), which provides a virtual barrier
where fire simply will not burn. Repeated tests on a variety of
extremely dry wildfire fuels (grasses, hays, brush) demonstrates
the incredible fire resistance Zenova WB provides, while remaining
viable after application for30+ days in dry conditions.