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Tasty numbers for Tekcapital as Salarius celebrates first order for MicroSalt

Tekcapital PLC’s (LON:TEK) shares soared in early deals today after its portfolio company, Salarius, secured the first commercial order for its low-sodium salt substitute MicroSalt. Executive Chairman Clifford Gross tells Proactive London how the timing of the deal couldn't be better as new rules about sodium comsumption have just come into play. He added that producers and consumers are waking up to the fact that flavour profiles on snacks using MicroSalt remain unchanged and that's the main game changer that will boost the 'healthy snack' food business.
The AIM-listed IP investor said the MicroSalt customer would incorporate the substitute into their snack food business, with the first order expected to be dispatched in May.

Quick facts: Tekcapital PLC

Price: 5.05 GBX

LSE:TEK
Market: LSE
Market Cap: £3.98 m
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Full interview: Tekcapital appoints former science minister to board

Intellectual property investment group Tekcapital (LON:TEK) has appointed former UK Minister for Universities and Science Lord Willetts to the board. Tekcapital's Executive Chairman Dr.Clifford Gross gave Proactive London further details on that and on other board changes, while also giving...

on 10/1/20

2 min read