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.
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MicroSalt 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.
The Retail Offer is conditional on Admission, which is expected to take place at 8:00 a.m. on 15 December 2025.
The 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.
Rick Guiney, CEO of MicroSalt, commented:
""We are delighted to see ongoing support from our long-standing, loyal shareholders, alongside a strong influx of new investors joining our register. This continued confidence in the Company underscores the strength of our strategy and positions us well to capitalise on our increasing production schedules in 2026, unlocking value and driving profitability across the business.
We extend our thanks to all our shareholders, both existing and new, for your support, and we look forward to keeping you updated as we continue to grow our presence in the low-sodium market."
Capitalised terms used, but not otherwise defined, in this announcement have the meanings given to them in the "Subscription to raise £1.5 million" announcement or the "Launch of Retail Offer" Announcements both dated 9 December 2025.
The Company's LEI is 213800L7WRHP8CCEEQ48.
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