Tekcapital plc

TEK

GB00BKXGY798

IT Services & Consulting

Market Closed - London S.E. Other stock markets 11:35:02 2024-04-26 am EDT			5-day change	1st Jan Change
8.35 ^GBX	+2.45%		+2.45%	+28.46%

Apr. 25	EARNINGS AND TRADING: ECO Animal revenue up; Zephyr starts drilling	AN
Apr. 18	Tekcapital firm Innovative Eyewear hires Micah Richards as brand rep	AN

Tekcapital's MicroSalt delays planned IPO to mid-November

October 20, 2023 at 09:28 am EDT

MicroSalt PLC - London-based developer of patent protected and scalable manufacturing process that produces a salt crystal that is about 100 times smaller than traditional salt - On Tuesday, delayed planned initial public offering to mid-November, without giving a reason. IPO was originally planned to take place on Wednesday this week. London-based intellectual property investment company Tekcapital PLC holds an 87% stake in MicroSalt.

Current Tekcapital stock price: 8.88 pence, down 4.0% on Friday

12-month change: down 48%

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BIST 100	9,916 PTS	+2.05%	+4.11%	-
	TEKCAPITAL PLC	8.35 GBX	+2.45%	+2.45%	20.61M

Latest news about Tekcapital plc

EARNINGS AND TRADING: ECO Animal revenue up; Zephyr starts drilling	Apr. 25	AN
Tekcapital firm Innovative Eyewear hires Micah Richards as brand rep	Apr. 18	AN
Tekcapital says Innovative Eyewear strikes deal for US distribution	Apr. 17	AN
Tekcapital investee partners with autonomous vehicle developer	Apr. 05	AN
Tekcapital Raises GBP2 Million via Share Placing, Subscription	Feb. 29	MT
Tekcapital raises GBP2 million through placing and subscription	Feb. 29	AN
Coro seals sale terms, Powerhouse makes good progress	Feb. 19	AN
Diversified Energy offers dividend alternative	Feb. 15	AN
Tekcapital Unit to Supply Teleoperation Technology to Auve Tech’s Autonomous Vehicle	Feb. 15	MT
MicroSalt shares jump after IPO but investor Tekcapital falls	Feb. 01	AN
Tekcapital shares fall but "excited" as MicroSalt completes IPO	Feb. 01	AN
Tekcapital investee MicroSalt to IPO this week	Jan. 29	AN
Tekcapital raises GBP570,000 via sale of Belluscura shares	Jan. 24	AN
UK Investment Group Tekcapital Cuts Stake in Medical Device Company Belluscura	Jan. 24	MT
Tekcapital plc Announces Loan Agreement with Innovative Eyewear Inc and Tekcapital Europe Ltd	Jan. 12	CI
Tekcapital receives notices of allowance for eyewear patents	Jan. 11	AN
Tekcapital says MicroSalt listed on Amazon UK for distribution	Jan. 09	AN
EARNINGS AND TRADING: Plexus sees good momentum; Gfinity loss widens	Dec. 22	AN
Tekcapital says Lucyd upgrades eyewear with ChatGPT	Dec. 13	AN
Tekcapital investee launches new smart eyewear collection	Dec. 12	AN
MicroSalt delays London IPO for second time to mid-December	Nov. 21	AN
Tekcapital investee launches new smart glasses charger	Nov. 17	AN
Tekcapital's MicroSalt strikes distribution deal for crisps	Nov. 01	AN
Tekcapital's MicroSalt crisps to be distributed by MR Williams	Nov. 01	AN
Tekcapital's MicroSalt delays planned IPO to mid-November	23-10-20	AN

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Company Profile

Tekcapital plc is a United Kingdom-based intellectual property investment company. The Company provides university and corporate clients with valuable technology transfer services. The Company is also engaged in acquiring exclusive licenses to university technologies that it believes impact peopleâs lives, for subsequent commercialization. Its investment objective is to achieve long-term growth of net assets and returns on invested capital through the commercialization of university discoveries that can positively impact on people's lives. Its segments are professional services, and licensing and investment activities. Professional services include the provision of recruitment services through Vortechs Group, provision of invention evaluator services, as well as research and development (R&D) tax relief credits and provision of management services to its portfolio companies. Licensing and investment activities acquire licenses for technologies, development, and commercialization.

Sector

IT Services & Consulting

Calendar

2024-05-02 - Q4 2023 Earnings Release (Projected)

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Analysts' Consensus

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Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.0835 GBP

Average target price

0.2 GBP

Spread / Average Target

+139.52%

Consensus

Sector Other IT Services & Consulting

	1st Jan change	Capi.
TEKCAPITAL PLC	+28.46%	20.61M
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INFOSYS LIMITED	-7.30%	71B
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HCL TECHNOLOGIES LIMITED	+0.53%	47.86B

Other IT Services & Consulting

Tekcapital plc

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TEK

GB00BKXGY798

IT Services & Consulting

Tekcapital's MicroSalt delays planned IPO to mid-November

Stocks mentioned in the article

Latest news about Tekcapital plc

Chart Tekcapital plc

Company Profile

Income Statement Evolution

Analysts' Consensus

Sector Other IT Services & Consulting