Last checked at 24 Sep 2021 12:32
24 September 2021
Eden Research Plc
("Eden" or "Company")
Result of General Meeting
Eden Research plc (AIM: EDEN), the AIM-quoted company focused on sustainable biopesticides and plastic-free formulation technology for use in the global crop protection, animal health and consumer products industries, is pleased to announce that the resolution put to its General Meeting held earlier today was duly passed.
Resolution | Votes FOR | % of votes cast | Votes AGAINST | % of votes cast | Votes TOTAL** | % of ISC* | Votes WITHELD |
1. To receive, consider and adopt the Company's annual accounts and financial statements for the year ended 31/12/20 together with the Directors' report and auditor's report on those accounts |
138,450,585
| 99.93 | 96,591 | 0.07 | 138,547,176 | 36.4 | 466,230 |
* ISC - Issued Share Capital** Excludes votes withheld
For further information contact:
Eden Research plc | www.edenresearch.com |
Sean SmithAlex Abrey | 01285 359 555 |
Cenkos Securities plc (Nominated advisor and broker) | |
Giles Balleny / Camilla Hume / Mark Connelly (corporate finance)Michael Johnson (sales) | 020 7397 8900 |
Hawthorn Advisors (Financial PR) | |
Victoria Ainsworth Johanna Pemberton | eden@hawthornadvisors.com |
Notes to Editors:
Eden Research is the only UK-listed company focused on biopesticides for sustainable agriculture. It develops and supplies innovative biopesticide products and natural microencapsulation technologies to the global crop protection, animal health and consumer products industries.
Eden's products are formulated with terpene active ingredients, based on natural plant defence metabolites. To date, they have been primarily used on high-value fruits and vegetables, improving crop yields and marketability, with equal or better performance when compared with conventional pesticides. Eden has two products currently on the market:
Mevalone® / Araw® is a foliar biofungicide which initially targets a key disease affecting grapes and other high-value fruit and vegetable crops. It is approved for sale in a number of key countries whilst Eden and its partners pursue regulatory clearance in new territories thereby growing Eden's addressable market globally.
Cedroz™ is a bionematicide that targets free living nematodes which are parasitic worms that affect a wide range of high-value fruit and vegetable crops globally. Cedroz is registered for sale on two continents and Eden's commercial collaborator, Eastman Chemical, is pursuing registration and commercialisation of this important new product in numerous countries globally.
Eden's Sustaine® encapsulation technology is used to harness the biocidal efficacy of naturally occurring chemicals produced by plants (terpenes) and can also be used with both natural and synthetic compounds to enhance their performance and ease-of-use. Sustaine microcapsules are naturally-derived, plastic-free, biodegradable micro-spheres derived from yeast. It is one of the only viable, proven and immediately registerable solutions to the microplastics problem in formulations requiring encapsulation.
Eden was admitted to trading on AIM on 11 May 2012 and trades under the symbol EDEN. It was awarded the London Stock Exchange Green Economy Mark in January 2021, which recognises London-listed companies that derive over 50% of their total annual revenue from products and services that contribute to the global green economy. Eden derives 100% of its total annual revenues from sustainable products and services.
For more information about Eden, please visit: www.edenresearch.com.