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Update on Proposed Reverse Takeover

In brief · summary, not quotable

Zenova Group PLC has announced that it is pursuing a reverse takeover under AIM Rule 14, which involves the acquisition of certain intellectual property and associated technology assets, clarifying that the acquisition of the corporate entity Restoreo International Limited is not being proposed. This update follows previous announcements and is considered inside information now made public.

Full announcement

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Further to the announcements on 11 March 2026, the Company confirms that it is seeking to acquire certain intellectual property and associated technology assets, which constitutes a Reverse Takeover under AIM Rule 14.

For the avoidance of doubt and at the request of Restoreo International Limited ("Restoreo"), the potential acquisition of the issued share capital of the corporate entity Restoreo is not being proposed.

A further announcement will be made in due course.

Zenova Group PLC

Thomas Melchior, Chief Executive Officer Mike Frydman, Non-Executive ChairpersonTel: +44 20 3475 6834
SPARK Advisory Partners Limited (Nominated Adviser)
Matt DavisTel: +44 20 3368 3550
AblR Capital (Broker)
Charles GoodfellowTel: +44 207220 9791

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 CS, automatic ceiling sprinklers

The Zenova CS provides ceiling-mounted fire protection for new builds and can be easily retrofitted into any existing environment to address all types of fire risks

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.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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