Tekcapital (TEK)

Sector:

IT Services

Index:

FTSE AIM All-Share

9.25p
   
  • Change Today:
      0.60p
  • 52 Week High: 17.00
  • 52 Week Low: 6.25
  • Currency: UK Pounds
  • Shares Issued: 198.19m
  • Volume: 809,630
  • Market Cap: £18.33m

Tekcapital portfolio company Salarius secures new order for 'MicroSalt'

By Josh White

Date: Monday 24 Jun 2019

LONDON (ShareCast) - (Sharecast News) - Intellectual property-focussed investment company Tekcapital announced on Monday that its portfolio company Salarius has secured and delivered a new order for 'MicroSalt' from a Mexican seafood company, for use in their dried shrimp snacks.
The AIM-traded firm described MicroSalt as a proprietary salt made with micron-sized salt particles that dissolved in the mouth "significantly faster" than regular salt, delivering an increased sensation of saltiness with much less salt, and as a result approximately 50% less sodium.

"Consumer demand for better for you snack options continues to drive marketplace adoption of low sodium snacks," said Salarius chief executive officer Victor Hugo Manzanilla.

"Snacks made with MicroSalt will help consumers reduce sodium consumption while providing the great salty taste they enjoy."

Manzanilla said MicroSalt was non-GMO and "all natural".

"Salarius is in discussions with numerous snack food companies who are evaluating MicroSalt for possible inclusion in their products, and we will update the market in due course."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Tekcapital Market Data

Currency UK Pounds
Share Price 9.25p
Change Today 0.60p
% Change 6.94 %
52 Week High 17.00
52 Week Low 6.25
Volume 809,630
Shares Issued 198.19m
Market Cap £18.33m

Tekcapital Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.17% above the market average23.17% above the market average23.17% above the market average23.17% above the market average23.17% above the market average
53.09% above the sector average53.09% above the sector average53.09% above the sector average53.09% above the sector average53.09% above the sector average
Price Trend
56.18% below the market average56.18% below the market average56.18% below the market average56.18% below the market average56.18% below the market average
60.44% below the sector average60.44% below the sector average60.44% below the sector average60.44% below the sector average60.44% below the sector average
Income Not Available
Growth
17.12% below the market average17.12% below the market average17.12% below the market average17.12% below the market average17.12% below the market average
27.06% below the sector average27.06% below the sector average27.06% below the sector average27.06% below the sector average27.06% below the sector average

Tekcapital Dividends

No dividends found

Trades for 16-May-2024

Time Volume / Share Price
16:29 20,000 @ 9.43p
16:27 105 @ 9.48p
16:22 15,811 @ 9.43p
16:18 2,651 @ 9.43p
16:17 2,608 @ 9.43p

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