SulNOx Group PLC - New Distribution Agreement
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 Chairman

 

tony.granger@sulnoxgroupplc.com

AQSE Corporate Adviser:

Allenby Capital Limited

Nick Harriss / John Depasquale

 

 

 020 3328 5656

 

 

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