Tekcapital (TEK)

Sector:

IT Services

Index:

FTSE AIM All-Share

10.50p
   
  • Change Today:
      0.90p
  • 52 Week High: 17.00
  • 52 Week Low: 6.25
  • Currency: UK Pounds
  • Shares Issued: 198.19m
  • Volume: 941,288
  • Market Cap: £20.81m

Tekcapital's MicroSalt to be stocked by US grocer Hannaford

By Josh White

Date: Wednesday 21 Dec 2022

LONDON (ShareCast) - (Sharecast News) - Intellectual property investor Tekcapital announced on Wednesday that northeastern US grocery chain Hannaford Brothers has agreed to stock both sizes of MicroSalt's new table-top shakers.
The AIM-traded firm said its investee MicroSalt provides a "much-needed option", allowing food manufacturers and consumers to cut the sodium content of their food without impacting flavour.

"We are extremely excited that Hannaford Brothers has joined with us to provide low sodium solutions to its customers," said MicroSalt chief executive officer Rick Guiney.

"This is a tremendous step in our march toward reducing excess sodium in the average diet.

"Our take-home shakers will let people salt their food to taste without excess sodium."

Tekcapital owns 97.2% of the share capital of MicroSalt, and 73% of its United States subsidiary.

At 1236 GMT, shares in Tekcapital were up 7.46% at 18p.

Reporting by Josh White for Sharecast.com.

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Tekcapital Market Data

Currency UK Pounds
Share Price 10.50p
Change Today 0.90p
% Change 9.38 %
52 Week High 17.00
52 Week Low 6.25
Volume 941,288
Shares Issued 198.19m
Market Cap £20.81m

Tekcapital Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
11.55% above the market average11.55% above the market average11.55% above the market average11.55% above the market average11.55% above the market average
58.02% above the sector average58.02% above the sector average58.02% above the sector average58.02% above the sector average58.02% above the sector average
Price Trend
19.09% below the market average19.09% below the market average19.09% below the market average19.09% below the market average19.09% below the market average
20.88% below the sector average20.88% below the sector average20.88% below the sector average20.88% below the sector average20.88% below the sector average
Income Not Available
Growth
1.14% above the market average1.14% above the market average1.14% above the market average1.14% above the market average1.14% above the market average
3.53% above the sector average3.53% above the sector average3.53% above the sector average3.53% above the sector average3.53% above the sector average

Tekcapital Dividends

No dividends found

Trades for 31-May-2024

Time Volume / Share Price
16:21 43 @ 10.99p
16:13 3,000 @ 10.93p
16:10 30,000 @ 10.92p
15:34 50,000 @ 10.30p
15:19 3,616 @ 10.95p

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