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BSF Enterprise PLC announced on May 28, 2026, an update regarding the planned auction of a T-rex leather handbag from its wholly owned subsidiary, Lab-Grown Leather Ltd. The handbag is featured in the Hôtel Drouot auction catalogue with an official estimate of €500,000, and the auction is scheduled for June 11, 2026.
| Date | 28 May 2026 |
| Time | 07:00:04 |
| Category | Corporate updates |
| ID | 9553F |
28 May 2026
BSF Enterprise PLC
Auction Update - May 2026
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.
https://drouot.com/en/v/177615-tentationdeg4
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.
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Engage with the BSF Enterprise management team directly by asking questions, watching video summaries and seeing what other shareholders have to say. Navigate to our Interactive Investor website here:
https://bsfenterprise.com/link/rJKmpP
For further enquiries, please visit www.bsfenterprise.com or contact:
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BSF Enterprise PLC Geoff Baker - Chairman Che Connon - CEO & Director
We encourage all investors to share questions on this announcement via our investor website. |
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Bowsprit Partners John Treacy James Sheehan |
+44 (0)203 883 4430 |
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Shard Capital (Broker) Damon Heath Isabella Pierre |
(0)20 4530 6926 (0)20 4530 6928 |
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ISIN of the Ordinary Shares is GB00BHNBDQ51. SEDOL Code is BHNBDQ5. |
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About BSF Enterprise PLC
BSF Enterprise PLC (LSE:BSFA; OTCQB: BSFAF) develops and commercialises cutting-edge tissue-engineered solutions, including lab-grown leather (via LGL), cultivated meat, and corneal repair technologies. By leveraging its proprietary scaffold-free ATEP™ platform, BSF delivers sustainable, high-performance alternatives to conventional materials, targeting global markets where provenance, ethics, and performance are increasingly prized by consumers and brands alike.