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Pin to quick picksTekCapital Share News (TEK)

Share Price Information for TekCapital (TEK)

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Share Price: 8.15
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Change: 0.00 (0.00%)
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Open: 8.15
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Tekcapital Investee Salarius Files Additional Patent for MicroSalt

Mon, 12th Aug 2019 12:17

(Alliance News) - Intellectual property investment company Tekcapital PLC said Monday its investee Salarius Ltd has filed an additional patent application for MicroSalt.

The new patent is title "improved low sodium salt composition".

"MicroSalt is a proprietary salt made with micron-size salt particles that dissolve 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," the company explained.

Tekcapital said MicoroSalt is also capable of improving the adhesion of salt to food during shipping and display.

The company continued: "Snack food manufacturers have continued to face major problems with inconsistent flavour and product waste, possibly losing loyal customers over time and increased manufacturing costs, from having to add more salt to each package to over-compensate for settling. By the time consumers purchase and actually open bags of salty snack foods, often inconsistent salt flavour occurs due to poor salt adhesion, with the wasted salt ending up at the bottom of the bag."

Tekcapital Executive Chair Clifford Gross added: "We are delighted with Salarius' continued progress to enhance its intellectual property. MicroSalt has the potential to empower companies and consumers worldwide to enjoy full-flavour snacks with reduced sodium."

Tekcapital owns 97.5% of Salarius.

Shares in Tekcapital were 3.7% higher in London on Monday at 7.00 pence each.

More News
4 Jul 2022 09:24

Tekcapital shares rise on first MicroSalt bulk order, potential IPO

(Alliance News) - Tekcapital PLC said on Monday its subsidiary MicroSalt Inc has secured the first bulk business-to-business order of its low-sodium salt, MicroSalt, in the US.

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30 May 2022 18:29

TRADING UPDATES: UKOG signs lease; Alien Metals to buy Vivash Gorge

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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25 May 2022 22:02

TRADING UPDATES: Tekcapital fundraise; Kromek wins US government order

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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25 May 2022 12:48

Tekcapital raises £2m to help grow portfolio companies

(Sharecast News) - Intellectual property investor Tekcapital has raised £2m before expenses, it announced on Wednesday, to accelerate the growth of its portfolio companies.

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24 May 2022 16:04

UK shareholder meetings calendar - next 7 days

Wednesday 25 May  
Access Intelligence PLCAGM
Amur Minerals CorpAGM
Aston Martin Lagonda Global Holdings PLCAGM
Bakkavor Group PLCAGM
Bango PLCAGM
Bodycote PLCAGM
Eleco PLCAGM
International Public Partnerships LtdAGM
Intertek Group PLCAGM
M&G PLCAGM
Manx Financial Group PLCAGM
Mortgage Advice Bureau Holdings PLCAGM
Property Franchise Group PLCGM re final 2021 dividend
Regional REIT LtdAGM
Sabre Insurance Group PLCAGM
Trustpilot Group PLCAGM
Tullow Oil PLCAGM
Zenova Group PLCAGM
Zotefoams PLCAGM
Thursday 26 May 
Aminex PLCAGM
Bank of Ireland Group PLCAGM
Belvoir Group PLCAGM
Central Asia Metals PLCAGM
Curtis Banks Group PLCAGM
Diaceutics PLCAGM
Duke Royalty LtdEGM re fundraise
East Star Resources PLCAGM
Energean PLCAGM
Henry Boot PLCAGM
Hochschild Mining PLCAGM
Legal & General Group PLCAGM
National World PLCAGM
Ocean Wilsons Holdings LtdAGM
OnTheMarket PLCGM re cancellation of capital
Prudential PLCAGM
S&U PLCAGM
Staffline Group PLCAGM
Strix Group PLCAGM
WAG Payment Solutions PLCAGM
Yu Group PLCAGM
Friday 27 May 
AG Barr PLCAGM
Big Technologies PLCAGM
Coca-Cola Europacific Partners PLCAGM
Destiny Pharma PLCAGM
Hostmore PLCAGM
Lancashire Holdings LtdAGM
Lekoil LtdEGM re appointment and remuneration of auditors
LSL Property Services PLCAGM
Malin Corp PLCAGM
Old Mutual LtdAGM
Oxford BioMedica PLCAGM
Renewables Infrastructure Group LtdAGM
Spectris PLCAGM
Monday 30 May 
Adriatic Metals PLCAGM
Clarify Pharma PLCAGM
Tuesday 31 May 
GYG PLCAGM
JTC PLCAGM
Lookers PLCAGM
McColl's Retail Group PLCAGM
Microlise Group PLCAGM
PageGroup PLCAGM
Petershill Partners PLCAGM
Sportech PLCAGM
Tekcapital PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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6 May 2022 15:22

CORRECT: Tekcapital sets record as net assets double to USD68 million

(Correcting profit after tax growth percentage change.)

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6 May 2022 11:35

Tekcapital sets new record as net assets double to USD68 million

(Alliance News) - Tekcapital PLC on Friday said net assets more than doubled to USD68.1 million at the end of its most recent financial year from USD32.7 million a year before, saying the total was the most in the company's history.

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5 May 2022 21:43

TRADING UPDATES: McColl's "likely" on brink of administration

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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3 May 2022 21:55

TRADING UPDATES: Vela, Standard Life Investments up portfolio value

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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TRADING UPDATES: AVI Japan outperforms; Crossword annual revenue grows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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1 Apr 2022 12:25

TRADING UPDATES: Yooma, Love Hemp in UK boost; Peel Hunt tops forecast

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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4 Feb 2022 21:26

TRADING UPDATES: Cadence adds to fundraise; Sylvania profit up

TRADING UPDATES: Cadence adds to fundraise; Sylvania profit up

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4 Feb 2022 09:57

Tekcapital's Guident files patent amid talks with possible partners

(Sharecast News) - Intellectual property-focussed investor Tekcapital updated the market on its portfolio company Guident on Friday, reporting that it had now filed its eighth patent application.

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2 Feb 2022 19:37

TRADING UPDATES: Portfolio updates from Scirocco, Tekcapital, MetalNRG

TRADING UPDATES: Portfolio updates from Scirocco, Tekcapital, MetalNRG

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2 Feb 2022 12:49

Tekcapital investee to list products with Dick's, Best Buy Canada

(Sharecast News) - Intellectual property investment company Tekcapital announced on Wednesday that its portfolio company Lucyd had its Innovative Eyewear division approved by North American retailers Dick's Sporting Goods and Best Buy Canada.

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