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Tekcapital’s Salarius expands its customer base

Salarius will supply MicroSalt to a “diversified snack food manufacturing company” which will include it in one of its snack food brands

Tekcapital PLC - Tekcapital’s Salarius expands its customer base
Salarius is the developer and manufacturer of a low sodium salt called MicroSalt

Intellectual property investment group Tekcapital PLC (LON:TEK) shares jumped after it announced its portfolio company, Salarius, had brought in a new customer.

Salarius, the developer and manufacturer of a low sodium salt called MicroSalt, will supply its product to a “diversified snack food manufacturing company”, which will include it in one of its snack food brands.

READ: Tekcapital’s Salarius receives trademark for low-sodium snack range

“We are glad to see Salarius' continued market traction as it expands its customer base and believe that MicroSalt has the potential to empower consumers worldwide to enjoy full-flavour snacks with reduced sodium,” said Tekcapital’s executive chairman Clifford Gross.

Shares were up 14.32% to 6.74p on Wednesday morning.

Quick facts: Tekcapital PLC

Price: 14.25 GBX

LSE:TEK
Market: LSE
Market Cap: £12.51 m
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