Auction Update - May 2026
BSF Enterprise PLC has announced an update regarding the auction of its wholly owned subsidiary, Lab-Grown Leather Ltd's, unique T-rex leather handbag, which has been featured in the Drouot auction catalogue with an official estimate of €500,000, with the auction scheduled for June 11th, 2026. Following the handbag's global reveal, BSF has seen increased commercial interest and is in preliminary discussions with several Tier-1 brands across luxury, sportswear, and automotive sectors for highly limited, bespoke collaborations and future material development.
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BSF Enterprise PLC ("BSF" or the "Company"), a biotech platform company driving a bio-sustainable future, announces updates to the planned auction of Lab-Grown Leather Ltd (BSF's wholly owned subsidiary) unique T-rex leather handbag.
Publication of Drouot Auction Catalogue
Lab-Grown Leather Ltd (LGL) flagship bio-engineered T-rex leather handbag has been officially featured in the upcoming auction catalogue by the prestigious Paris-based auction house, Hôtel Drouot.
Following a rigorous appraisal process, Drouot has set an official estimate of €500,000 for this world-first luxury asset.
The auction is scheduled to take place on June 11th, 2026 online and in person, details can be found in the link below. Please also note that there can be no guarantee that the auction will result in a sale.
Commercial Progress & Strategic Pipeline
Following the highly successful global reveal and public exhibition of the T-rex leather handbag in Amsterdam, the Company has experienced a significant increase in inbound commercial interest. LGL is currently in preliminary discussions with several global Tier-1 brands across luxury, sportswear and automotive sectors.
To preserve the extreme exclusivity and value of the Company's initial bio-material yields, these conversations are strictly focused on highly limited, bespoke collaborations and long-term future material development, rather than mass-market commercialisation.
| Bowsprit Partners John Treacy James Sheehan | +44 (0)203 883 4430 |
| Shard Capital (Broker) Damon Heath Isabella Pierre | (0)20 4530 6926 (0)20 4530 6928 |
ISIN of the Ordinary Shares is GB00BHNBDQ51. SEDOL Code is BHNBDQ5.
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Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.