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MicroSalt plc Issues New Shares Following Option Exercise

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An update from MicroSalt plc ( (GB:SALT) ) is now available.

MicroSalt plc has announced the exercise of stock options, resulting in the issuance of 165,591 ordinary shares to a shareholder. This move increases the total number of shares with voting rights to 51,820,276 and is expected to impact shareholder calculations under the FCA’s rules. The company’s innovative low-sodium salt technology aligns with the growing health trend and positions it well for future growth in the low-sodium market.

More about MicroSalt plc

MicroSalt plc is a food technology company specializing in low-sodium salt solutions aimed at promoting healthier living. Their patented salt technology reduces sodium by approximately 50% while maintaining full flavor, catering to both consumers and food manufacturers. With products like SaltMe! chips, MicroSalt is a potential disruptor in the food market, addressing the global demand for reduced sodium intake.

YTD Price Performance: 7.14%

Average Trading Volume: 24,242

Technical Sentiment Consensus Rating: Strong Sell

See more insights into SALT stock on TipRanks’ Stock Analysis page.

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