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Tekcapital showcases portfolio headliners from the world's 'university ideas factory'

Tekcapital PLC’s (LON:TEK) shares jumped in early deals last week as its portfolio firm, Lucyd, planned to launch a line of designer sunglasses in partnership with Richard Sherman, an NFL cornerback for the San Francisco 49ers. Executive Chairman Clifford Gross showcases the wearable technology in the Proactive London studio and highlights other heavy hitters in the diverse Tekcapital portfolio including bendable spectacles and a low sodium micro crystal that currently has food industry giants very interested for their snacks ranges.News here too on their healthy full year results and leaner operating profits. Lucyd, whose eyewear products include Bluetooth-enabled glasses, will launch the new line, known as Sherman Shades, in the third quarter of 2019 with a promo commercial featuring Sherman himself, who is also chief brand officer, scheduled for March. 

Quick facts: Tekcapital PLC

Price: 5.666 GBX

Market: LSE
Market Cap: £3.61 m

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Tekcapital PLC reports 'successful half year' with record revenue and profit

Tekcapital PLC's (LON:TEK) Clifford Gross tells Proactive London the six months to the end of May 2019's been a successful half-year for the business. The intellectual property (IP) group that specialises in commercialising university technology, saw its net assets increase by 27% to...

on 23/8/19

2 min read