SulNOx Group PLC Notice of AGM (6632I)
August 13 2021 - 12:40PM
UK Regulatory
TIDMSNOX
RNS Number : 6632I
SulNOx Group PLC
13 August 2021
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014. The directors take
responsibility for this announcement.
13 August 2021
SulNOx Group Plc (the "Company" or "SulNOx")
Notice of Annual General Meeting and Product Update
(Aquis Stock Exchange: SNOX)
Notice of Annual General Meeting
The Annual General Meeting for the year ending 31 March 2021
will be held at 11.30 am on 7 September 2021 at the Groucho Club,
45 Dean Street, Soho, London W1D 4QB (the "AGM"). The notice of the
AGM will be posted to shareholders today and a copy will be added
to the Company's website, https://sulnoxgroup.com/investors/ .
Any shareholders who wish to attend should RSVP to
info@sulnoxgroupplc.com at least 48 hours in advance as the venue
requires details of attendees.
In keeping with the Company's green ethos, and in accordance
with the provisions of the Company's articles of association, this
year we are sending only the required "NOTICE OF ANNUAL GENERAL
MEETING" by post, whilst with the annual report and audited
financial statements will posted on the SulNOx website (
https://sulnoxgroup.com/investors/ ).
Product Update
As has been seen in recent days the world is heating up at an
alarming rate. The introduction of the new E10 petrol is upon us in
an effort to reduce fossil fuel usage, but very few people realise
the unintended consequences that it will bring, and for many petrol
engines this could be very serious particularly in older and
classic cars.
Increasing numbers of service stations are selling E10 blend
petrol, which contains 10% ethanol alongside 90% conventional
petrol as a "greener" alternative to conventional petrol. The
Company has identified that if the SulnoxEco(TM) petrol conditioner
is added to E10 fuel it will not only save users money and improve
air quality, as before, but will address all the issues of E10 as
well.
Jimmy Redman, the Group's technology inventor, has produced a
short note, extracted below, which is important for all petrol
users to understand:
"E10 contains Ethanol which has less energy than petrol and will
result in around a 2% drop in performance.
We believe that SulnoxEco(TM) will compensate for this loss in
performance.
The main problem with E-10, however, is that the added ethanol
encourages separate layers of water and fuel to form in the tank -
All fuel contains water - up to 200ppm, but also, consider the
extra water that fuel tanks gain over time purely from
condensation. This typically gathers and sits in a separate layer
at the bottom of the fuel tank where the fuel line draws from.
Chemically speaking, Ethanol prefers to mix with water as opposed
to petrol and where there is sufficient of both, the ethanol will
leave the petrol and combine with the water to form an even larger
separate layer at the bottom of the tank. The fuel line then draws
from this watery alcohol mixture, and it is pumped directly into
the engine causing disastrous damage and breakdowns. This is often
the cause of cars going into "limp home mode" over the winter. E10
is going to exacerbate this issue because more ethanol encourages
more separation.
The SulnoxEco(TM) petrol conditioner is the solution to this
problem. The powerful emulsifying properties in the SulnoxEco(TM)
lifts the water and redistributes it throughout the fuel in the
tank preventing separation and protecting against breakdowns and
engine damage. Additionally, the lubricants recondition and clean
for healthier engine working properly and more efficiently.
SulnoxEco(TM) will prevent E10 causing separation and of course
helps performance, saves money and significantly reduces toxic
emissions."
- Ends -
For further information please contact:
SulNOx Group plc Tel: 07968 451854
Anthony Granger, Director
Allenby Capital Limited Tel: 020 3328 5656
(AQSE Corporate Adviser)
Nick Harriss / John Depasquale
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