REG - Zenova Group PLC - Delay to Publication of Annual Report & Accounts

ZenovaAnnouncement

31/05/2024 16:30

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RNS Number : 7176Q  Zenova Group PLC  31 May 2024

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.

 

 

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