SulNOx Group PLC New Distribution Agreement (6848X)
06 Mai 2021 - 8:00AM
UK Regulatory
TIDMSNOX
RNS Number : 6848X
SulNOx Group PLC
06 May 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT)
REGULATIONS 2019/310.
6 May 2021
SulNOx Group Plc (the "Company" or "SulNOx")
New Distribution Agreement
(Aquis Stock Exchange: SNOX)
The board of directors of the Company ("the Board") is pleased
to announce that RemNOx Ltd ("RemNOx") has agreed to become an
Independent Sales Organisation ("ISO") for SulNOx.
The RemNOx team, with broad experience in the corporate and
retail sectors, have followed SulNOx Group for a number of years
and have already been distributing SulNOx products on an informal
basis. They have now agreed to exclusively promote and deploy
SulNOx technologies throughout multiple industries, including
transportation and retail sectors, around the globe. RemNOx have
already had an immediate impact with their recent launch being
covered by globally recognised Energy, Oil & Gas and Shipping
media platforms, assisting the wider recognition of SulNOx
technologies. They have also swiftly entered the retail market with
over 80 stockists in place with plans to expand much further, which
will greatly assist brand recognition.
Nawaz Haq of RemNOx commented, "Scotland is recognised as a
leader of the Green Revolution and with RemNOx's base in Glasgow,
host to the UN Climate Conference of the Parties - COP26, we are in
a favourable place to promote SulNOx technologies. Not only that,
but it is also absolutely the right time to push these unique,
cost-effective and impactful environmental solutions, particularly
given the world's state of Climate Emergency."
Ben Richardson, the COO of SulNOx commented, "The team at RemNOx
have already brought great energy and significant business
connections in both Scotland and beyond. Their pursuit of 80+
retail outlets in a very short space of time is a credit to them
and the passion of Nawaz for our products. Physically located at
the hub of the UK's oil activities, RemNOx will be able to extol
the immediate and instant reductions on Scope 1, 2 and 3 emissions
from SulNOx solutions as part of any net-zero ambitions. I have no
doubt that RemNOx will be a successful and effective partner in
promoting SulNOx at COP26 and we wish Nawaz and the team every
success in the months and years ahead."
Enquiries:
SulNOx Group Plc
Tony Granger, Non-Executive tony.granger@sulnoxgroupplc.com
Chairman
AQSE Corporate Adviser :
Allenby Capital Limited
Nick Harriss / John Depasquale 020 3328 5656
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END
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