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Zenova Group PLC Raises £250,000 to Boost Fire Suppression Product Supply

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Zenova Group PLC Raises £250,000 to Boost Fire Suppression Product Supply

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Zenova Group Plc ( (GB:ZED) ) just unveiled an announcement.

Zenova Group PLC has raised £250,000 via a placing of 100,000,000 new ordinary shares to support its working capital and address significant order interest in its extinguisher products. This capital raise will increase the total voting rights to 240,225,973, enhancing the company’s capacity to fulfill market demands and marking a strategic step in its growth trajectory.

More about Zenova Group Plc

Zenova Group PLC is a company specializing in innovative fire suppression and interdiction solutions. The company focuses on providing high-quality extinguisher products to meet substantial market demand.

YTD Price Performance: -43.33%

Average Trading Volume: 658,815

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £596K

Find detailed analytics on ZED stock on TipRanks’ Stock Analysis page.

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