Zenova Group #ZED – Pilot Scheme for Zenova Insulation Products with Southdown Housing Association August 3, 2021 – Posted in: Blog, Zenova Group Plc (ZED) – Tags: , , , , , ,

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 Southdown Housing Association has selected its innovative insulation products for a pilot project making use of the insulating properties and capabilities of Zenova IR render and Zenova IP paint, with a view to installing the products across the trust’s estate where required.

Zenova is undertaking a full pilot with Southdown Housing to assist them in reducing their carbon footprint under the new Government legislation guidelines of zero carbon emissions. With most local authorities looking to achieve this target by 2030, Zenova’s innovative products can contribute significantly to accomplishing these objectives. Building operational emissions, which include heating, cooling and lighting, contribute to 28% of all global emissions.   

The pilot is located in a semi-detached residential property that will be rendered using Zenova IR and Zenova IP within the roof space. Southdown Housing is a specialist charity housing provider and social landlord for vulnerable people, with 580 properties based in Sussex County. It was established in 1972 and has grown to become one of the largest voluntary sector employers in Sussex, providing care and support for over 10,000 people.

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

“We are pleased to be assisting with this very important pilot scheme with Southdown Housing, which will demonstrate the powerful effectiveness of the Zenova range of insulating products. The housing sector, local authorities, trusts and businesses in particular have some key obligations to meet with carbon reduction targets, driven by new legislation to reduce global warming. This impending need to improve the fabric of buildings offers a significant market potential for the Zenova products. The pilot programme will prove the effectiveness of Zenova products to save energy costs under real-world circumstances and will enable rapid expansion of Zenova products across multiple building societies.”

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.

Enquiries:

Zenova Group PLC

 

Tony Crawley, Chief Executive Officer

Don Nicolson, Non-Executive Chairman

Via Orana Corporate LLP:

Anthony Eastman

Tel: +44 20 3475 6834

 

SPARK Advisory Partners Limited (Nominated Adviser)
Matt Davis /  Adam Dawes Tel: +44 20 3368 3550
Brandon Hill Capital Limited (Broker)

 

Oliver Stansfield Tel: +44 20 3463 5000
Jonathan Evans

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 www.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.

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