Business
First US Delivery of FX500
First US Delivery of FX500.
About this update from Zenova Group Plc
[{"type":"text","content":"\n\nTHIS 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\n18 September 2023\nZenova Group PLC\n(\"Zenova\", the \"Company\" or the \"Group\")\n \nZenova opens US market with first delivery of 13,654 units of Zenova FX500\n \n \nZenova Group PLC (AIM: ZED), is thrilled to announce that first deliveries of 13,654 units of Zenova FX500 handheld aerosol extinguishers for the USA market to our recently announced new sub distributor Petra Industries, 7,500 units have been purchased from Omnis, our distribution partner in the USA. The total value of this initial delivery is in excess of £136,000 for Zenova including some promotional support, Zenova anticipates that this will be recognised in the current financial year. This is the first time that the Zenova FX500 is available for purchase in the USA and it is expected that orders volumes will increase as more distribution channels are opened in the USA.\nAbout Petra\nPetra is the industry's consumer technology authority-distributing products for more than 800 brands. Petra brings tens of thousands of top name-brand products to tens of thousands of retail and e-tail partners. Founded in 1985 with a focus on and passion for accessories, today, Petra serves markets with products from more than 60 categories, including smart home tech, housewares, outdoor tech, home and office accessories and much more. The most sought-after hardware and add-ons in consumer technology are stocked at Petra's 525,000 sq. ft., state-of-the-art distribution centre and are distributed all over the country.\nhttps://www.petra.com/\n \nAbout Omnis\nOmnis is a US based distributor, partnering with manufacturers of innovative solutions, acting as a catalyst to unlock substantial and sustained market growth. Omnis seek to find optimal routes to market leveraging its network and bringing the best partnerships together.\nhttps://www.omnisusa.com/\n \n\"We are excited to enter the US markets and are looking forward to accelerated expansion into additional distribution channels to provide US custom...