Zenova Group (ZED)

Sector:

Manufacturing

Index:

FTSE AIM All-Share

 0.70p
   
  • Change Today:
      0.000p
  • 52 Week High: 4.40p
  • 52 Week Low: 0.60p
  • Currency: UK Pounds
  • Shares Issued: 106.35m
  • Volume: 55,878
  • Market Cap: £0.74m
  • Beta: 0.15

Zenova named as official NHS supplier

By Iain Gilbert

Date: Wednesday 22 May 2024

LONDON (ShareCast) - (Sharecast News) - Fire safety business Zenova said on Wednesday that it has been appointed as an official supplier to the NHS for its FX range of extinguishers, with an initial order already being shipped.
Zenova said it had secured its first order to two hospitals in the Epsom and St Helier Trust Hospital group in Surrey and has already delivered "a small batch" of FX500 units for use in sensitive areas of the hospitals.

The AIM-listed group said this "breakthrough order" comes as a result of a decision to deploy the FX500 to protect against lithium-ion battery fires in critical care theatres. The FX 500 will be deployed in the bio-medical equipment workshops and the medical equipment library locations in two hospitals within the Trust based in Surrey.

Zenova highlighted that, alongside its sub-distributor, it was appointed "permanent, official suppliers" to the NHS.

Chief executive Thomas Melchior said: "This is a major contract win for Zenova and with the largest single institution in the UK, the NHS. This breakthrough for the group comes as a result of a long period of their testing of our FX extinguishers, as well as the growing concerns around lithium-ion battery fires.

"Given the prevalence of equipment powered by such batteries in NHS facilities, this increased awareness will inevitably result in significant sales to follow in the months to come. We are pleased to be able to provide our proven solution against this safety risk in such a mission-critical environment. As an official supplier to the NHS now, we expect Zenova to be able to leverage this status in the broader marketplace where the NHS is rightly seen has having industry-leading performance standards."

As of 1120 BST, Zenova shares had surged 23.33% to 2.22p.











Reporting by Iain Gilbert at Sharecast.com

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Zenova Group Market Data

Currency UK Pounds
Share Price 0.70p
Change Today 0.000p
% Change 0.00 %
52 Week High 4.40p
52 Week Low 0.60p
Volume 55,878
Shares Issued 106.35m
Market Cap £0.74m
Beta 0.15

Zenova Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.64% above the market average70.64% above the market average70.64% above the market average70.64% above the market average70.64% above the market average
42.11% above the sector average42.11% above the sector average42.11% above the sector average42.11% above the sector average42.11% above the sector average
Price Trend
95.3% below the market average95.3% below the market average95.3% below the market average95.3% below the market average95.3% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
45.90% above the market average45.90% above the market average45.90% above the market average45.90% above the market average45.90% above the market average
38.89% above the sector average38.89% above the sector average38.89% above the sector average38.89% above the sector average38.89% above the sector average

Zenova Group Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
10:46 3,378 @ 0.74p
10:37 52,500 @ 0.60p

Zenova Group Key Personnel

CEO Thomas Melchior

Top of Page