Business
Result of Retail Offer
MicroSalt Plc announced the successful completion of its Retail Offer, raising £0.23 million through the issuance of 505,756 shares at 45 pence each, with Admission expected on December 15, 2025. The proceeds will support staffing, marketing, and general working capital, significantly strengthening the company's balance sheet and its growth plans, which project revenues of US$7.0 million in 2026 and over US$15.0 million in 2027. This fundraising demonstrates continued confidence from existing shareholders and the addition of new investors, positioning the company to capitalize on increasing production schedules and drive profitability. Disclaimer*
About this update from Microsalt Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, TO US PERSONS OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.\nTHE COMMUNICATION OF THIS ANNOUNCEMENT AND ANY OTHER DOCUMENTS OR MATERIALS RELATING TO THE RETAIL OFFER AS A FINANCIAL PROMOTION IS ONLY BEING MADE TO, AND MAY ONLY BE ACTED UPON BY, THOSE PERSONS IN THE UNITED KINGDOM FALLING WITHIN ARTICLE 43 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (WHICH INCLUDES AN EXISTING MEMBER OF MICROSALT PLC). ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO SUCH PERSONS AND WILL BE ENGAGED IN ONLY BY SUCH PERSONS. THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF MICROSALT PLC.\n12 December 2025\n\nMicroSalt Plc\n(\"MicroSalt\" or the \"Company\")\nResult of Retail Offer \n\nMicroSalt plc (AIM:SALT), a leading provider of full-flavour, natural salt with approximately 50% less sodium, is pleased to announce that the Retail Offer launched on 9 December 2025 has successfully completed and closed at 12:00 p.m. today. The Retail Offer has raised in aggregate £0.23 million through the issuance of 505,756 Retail Offer Shares at an issue price of 45 pence per Retail Offer Share.\nThe Retail Offer is conditional on Admission, which is expected to take place at 8:00 a.m. on 15 December 2025.\nThe Retail Offer was well supported by MicroSalt's existing shareholders, and the proceeds provide additional funds for the Company to use to support in staffing, marketing and for general working capital purposes. Alongside the Subscription, the funds raised substantially strengthen the Company's balance sheet, and support its growth plans, with projected revenues of in hand volume requirements totalling US$7.0 million in 2026 and over US$15.0 million in 2027.\nRick Guiney, CEO of MicroSalt, commented:\n\"\"We are delighted to see ongoing support ...