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IN BRIEF: Tekcapital investee MicroSalt to IPO this week

29th Jan 2024 11:20

MicroSalt PLC - London-based developer of manufacturing process that produces a salt crystal about 100 times smaller than traditional salt, providing saltiness with lower sodium - Expects to make its initial public offering on London's AIM market on Thursday, with an expected market capitalisation of GBP18.5 million and issued share price of 43 pence. Tekcapital PLC, a London-based intellectual property investor, holds an 87% stake in MicroSalt and 92% in its US subsidiary MicroSalt Inc.

Current Tekcapital stock price: 6.65 pence, down 5.0% on Monday morning

12-month change: down 63%

By Emma Curzon, Alliance News reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.


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