You are here

Prices & Quotes - UK Markets - Tekcapital (TEK)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 31.00p
Change Today:
-0.75p
Market Cap:
40.56m
Sector:
Software & Computer Services

Takcapital investment Salarius launches crowdfunding campaign

By Josh White

Date: Friday 05 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Intellectual property investment company Tekcapital announced on Friday that its portfolio company, Salarius, has launched an equity crowdfund for its subsidiary MicroSalt, to raise up to $0.75m (0.55m).
The AIM-traded firm said MicroSalt launched the crowdfund via the crowdfunding platform MicroVentures, with $0.19m already raised to date.

It said the goal was to raise up to $0.75m in the next 150 days at a pre-money valuation of $5m, with a 10% early subscriber discount for the first $100,000 invested.

Proceeds would be used to advance the company's growth and innovation strategy.

"I am extremely excited and grateful for the support of more than 400 investors that have already contributed to our recently launched crowdfund," said MicroSalt chief executive officer Victor Hugo Manzanilla.

"They are aligned with our vision to make great tasting, better-for-you snacks with MicroSalt, with roughly half the sodium compared with traditional potato chips."

Tekcapital also noted that MicroSalt had announced it was delivering its product to a newly on-boarded restaurant distributor, opening the foodservice market for the company.

It said the distributor had an initial order to sell MicroSalt to an 18-location restaurant chain that would provide customers with low-sodium tortilla chips.

Additionally, MicroSalt was expanding its 'SaltMe' products by offering the one ounce small size package in both 'original' and 'barbecue' flavour within the next two weeks.

That would enable SaltMe to better compete on Amazon by making available the top-selling potato chip package size.

At 0958 GMT, shares in Tekcapital were down 0.4% at 17.43p.

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
Price 31.00p
Change Today -0.75p
52 Week High 32.60p
52 Week Low 8.50p
Volume 439,567
Shares Issued 130.83m
Market Cap 40.56m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Income
Not Available
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
PEG
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
Not Available
EPS Growth
Not Available
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star

Tekcapital Dividends

No dividends found

Trades for 17-Sep-2021

Time Volume / Share Price
16:25 4,000 @ 30.76p
16:24 4,000 @ 30.76p
15:41 10,000 @ 30.75p
15:32 2,000 @ 30.73p
15:29 3,109 @ 31.20p

Tekcapital Key Personnel