BSF Enterprise PLC (LSE:BSFA) shares have risen 13.1% to 1.98 after the company said its lab‑grown 'T‑rex' leather handbag was listed in Hôtel Drouot's Paris auction catalogue with a €500,000 estimate.
It follows a formal appraisal and positions the item as a world‑first luxury asset, highlighting BSF's work in tissue‑engineered solutions, which include lab‑grown leather, cultivated meat and corneal repair technologies.
The company said the global reveal and exhibition in Amsterdam has driven a significant increase in inbound commercial interest, with preliminary talks taking place with several global Tier‑1 brands across luxury, sportswear and automotive sectors.
Management emphasised that these conversations are focused on highly bespoke collaborations and long‑term material development rather than mass‑market commercialisation to preserve exclusivity.
The auction is scheduled to take place on 11 June, online and in person at Hôtel Drouot. There can be no guarantee the lot will sell, BSF added.
