Zenova Group (ZED)

Sector:

Manufacturing

Index:

FTSE AIM All-Share

 1.15p
   
  • Change Today:
      0.000p
  • 52 Week High: 5.85p
  • 52 Week Low: 1.10p
  • Currency: UK Pounds
  • Shares Issued: 106.35m
  • Volume: 123,965
  • Market Cap: £1.22m

Zenova's FX extinguishers approved for use on UK-flagged vessels

By Josh White

Date: Monday 15 Jul 2024

LONDON (ShareCast) - (Sharecast News) - Fire suppression and interdiction specialist Zenova Group announced that its Zenova FX range of six- and nine-litre extinguishers has been approved as marine equipment under the Merchant Shipping (Marine Equipment) Regulations (MER) by BSI.
The AIM-traded firm said the approval allows the extinguishers to be used on UK-flagged ships and vessels.

It said the new certification added to a series of recent endorsements for Zenova's extinguisher range, which had already received significant certification in both the UK and Europe for high-performance use on land and sea.

"This additional MER certification for UK flagged vessels comes on top of the MED certification for European flagged vessels announced in March of this year," said chief executive officer Thomas Melchior.

"This opens the entire marine fire extinguisher market across Europe for Zenova, which is already a major target area for the group given its higher margins and some particularly strong customer relationships in marine among our senior sales team."

At 1523 BST, shares in Zenova Group were up 1.63% at 1.63p.

Reporting by Josh White for Sharecast.com.

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Zenova Group Market Data

Currency UK Pounds
Share Price 1.15p
Change Today 0.000p
% Change 0.00 %
52 Week High 5.85p
52 Week Low 1.10p
Volume 123,965
Shares Issued 106.35m
Market Cap £1.22m

Zenova Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.95% above the market average62.95% above the market average62.95% above the market average62.95% above the market average62.95% 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
95.24% below the market average95.24% below the market average95.24% below the market average95.24% below the market average95.24% 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
45.07% above the market average45.07% above the market average45.07% above the market average45.07% above the market average45.07% above the market average
40.54% above the sector average40.54% above the sector average40.54% above the sector average40.54% above the sector average40.54% above the sector average

Zenova Group Dividends

No dividends found

Trades for 06-Sep-2024

Time Volume / Share Price
11:36 7,590 @ 1.16p
10:57 4,995 @ 1.16p
09:40 111,000 @ 1.12p
09:15 5 @ 1.17p
08:26 275 @ 1.20p

Zenova Group Key Personnel

CEO Thomas Melchior

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