(Alliance News) - Zenova Group PLC shares shot up on Wednesday, after it said it has won a contract with the National Health Service.
Shares in the London-based company were up 22% to 2.20 pence each in London on Wednesday afternoon.
The fire safety product manufacturer said it has secured a deal with the National Health Service in the UK, becoming an "official supplier".
It has secured its first order from two hospitals in the Epsom and St Helier Trust Hospital group in Surrey. It said it has already delivered a small batch of FX500 units for use in sensitive areas of the hospitals.
It added: "Coincidentally, Zenova, alongside its sub-distributor, Holistium Technologies Ltd have been appointed permanent, official suppliers to the NHS, one of the first for any specialist extinguisher producer."
Chief Executive Thomas Melchior commented: "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."
By Sophie Rose, Alliance News senior reporter
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Zenova Grp (ZED)