Eden News 2016

Eden Research plc (AIM: EDEN), the AIM-listed company that provides breakthrough natural microencapsulation technologies to the global agrochemicals, animal health and consumer products industries, announces that is has appointed Mr. Michel Villeneuve as a Strategic Commercial Advisor.

Mr. Villeneuve has over thirty years' experience in a variety of senior commercial, regulatory and management roles with major multinational companies involved in plant protection (members of the CropLife organisation) including the leadership of businesses in various countries throughout Europe, Africa and the Middle East. Mr. Villeneuve also has extensive experience in advising high-growth companies in the Plant Protection Sector in markets including fungicides, nematicides and plant nutrients.

Mr. Villeneuve will be supporting Eden with strategy development and execution as well as strategic business development in a number of territories. His contributions are most welcome and add a significant amount of experience and energy to the team.

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Eden Research plc (AIM: EDEN), the AIM-listed company that provides breakthrough natural microencapsulation technologies to the global agrochemicals, animal health and consumer products industries, announces that it has raised £2.6 million, before expenses, through a placing with new and existing institutional shareholders by Shore Capital Stockbrokers Limited ("Shore Capital") of 25,365,854 new ordinary shares of 1p each in the Company (the "Placing Shares") at a price of 10.25p each ("the Placing").

The Company intends to use the proceeds of the Placing, inter alia, to:

• Register new products and increase the global reach of existing Eden products
• Commence new R&D trials in both plant protection products and personal care applications
• Pursue commercialisation of animal health products outside of the United States
• Expand business and brand development activities

Eden's Chief Executive, Sean Smith, commented: "The Placing is an important milestone in Eden's development, enabling the Company to accelerate its expansion without the funding constraints under which the Company has operated to date. In particular, the Placing will enable us to expand our product portfolio and geographical footprint for both existing and new products. We have worked hard to secure product registrations in Europe and Africa and build a strong base of commercialisation partners in these regions, and we look forward to further leveraging our past investments and relationships in order achieve the full potential of Eden's technology globally."

The Placing Shares will rank pari passu in all respects with the Company's existing ordinary shares of 1 pence each in the Company ("Ordinary Shares") and will represent 13.7% of the Company's enlarged issued share capital. Application has been made for the Placing Shares to be admitted to AIM and it is expected that admission will take place and trading in the Placing Shares will commence from 8.00 a.m. on 1 April 2016 ("Admission").

In connection with the Placing, Shore Capital, the Company and its directors have entered into a placing agreement pursuant to which Shore Capital has agreed conditionally to use its reasonable endeavours to place the Placing Shares at the Placing Price. The Placing (which is not underwritten) is conditional, inter alia, on the Placing Agreement becoming unconditional in all respects and not having been terminated in accordance with its terms and Admission.

As part of their placing participation of 19,512,195 Placing Shares (amounting to approximately £2 million at the Placing Price and representing 10.6 per cent. of the enlarged share capital), Livingbridge VC LLP has been granted the right to appoint a director to the board of the Company for as long as it retains a minimum interest of five per cent. of the issued share capital of the Company.

Following Admission, the Company's total issued and voting share capital will comprise 184,654,119 Ordinary Shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, securities of the Company.

Enquiries:

Notes:

Eden is an early stage revenue company with intellectual property and expertise in encapsulation, terpenes and environmentally friendly technologies to provide naturally occurring solutions to the global agrochemicals industry, the animal health industry, and consumer products.

Eden's encapsulation technology harnesses the biocidal efficacy of naturally occurring chemicals produced by plants (terpenes) and can also be used with both natural and synthetic hydrophobic compounds. The technology uses yeast cells that are a by-product of numerous commercial production processes to deliver a slow release of natural compounds for agricultural and non-agricultural uses. Terpenes are already widely used in the food flavouring, cosmetic and pharmaceutical industries.

Historically, terpenes have had limited commercial use in the agrochemical sector due to their volatility, phytotoxicity and poor solubility. Eden's platform encapsulation technology provides a unique, environmentally friendly solution to these problems and enables terpenes to be used as effective, low-risk agrochemicals.

With leading consultants in their respective fields, the Company is developing these technologies through innovative research and a series of commercial production, marketing and distribution partnerships.

The Company has a number of patents and a pipeline of products at differing stages of development targeting specific areas of the global agrochemicals industry. To date, the Company has invested in the region of £12m in developing and protecting its intellectual property and seeking regulatory approval for products that rely upon the Company's technologies. Revenues earned by the Company have been modest whilst the Company has concentrated on securing patent protection for its intellectual property, gaining regulatory approvals, identifying suitable industrial partners, and entering into licence agreements.

In May of 2013, the three actives that comprise Eden's first commercial product, 3AEY, were approved as new ingredients for use in plant protection products. This represents a major milestone in the commercialisation of Eden's technology and is a significant accomplishment for any company. To illustrate this point, one should note that in all of 2013, Eden's approvals represented 3 of only 10 new active ingredients approved by the EC.

3AEY has been authorised for sale in Kenya, Malta, Greece, Bulgaria, Spain and Italy.

Eden was admitted to trading on AIM on 11 May 2012 and trades under the symbol EDEN.

For more information about Eden, please visit: www.edenresearch.com

Disclaimer

Shore Capital, which is authorised and regulated in the UK by the Financial Conduct Authority, is acting as Broker exclusively for the Company in connection with the Placing and will not be responsible to any person other than the Company for providing the protections afforded to its customers or for advising any other person on the contents of this announcement or any matter, transaction or arrangement referred to herein.

This announcement has been issued by the Company and is the sole responsibility of the Company. No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by Shore Capital or by any of its affiliates or agents as to, or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.

Eden Research plc (AIM: EDEN), the AIM-listed company that provides breakthrough natural microencapsulation technologies to the global agrochemicals, animal health and consumer products industries, announces that is has now received authorisation in Spain for its first product, 3AEY, for use in the prevention and treatment of botrytis in table and wine grapes. 3AEY will be sold in Spain by Eden's partner Sipcam Iberia, S.L. ("Sipcam") under the tradename "ARAW"™. Eden will realise royalties from the sale of ARAW in Spain.

This is another significant milestone for Eden which allows the Company to access the third largest wine producer in the world. 3AEY has already been authorised for sale in Kenya, Malta, Greece, Bulgaria and most recently Italy, increasing the geographic footprint of sales in the 2016 growing season. 3AEY is a terpene-based fungicide that specifically targets Botrytis, a widespread fungal disease that causes grey mould on many fruits and vegetables leading to the rapid loss of commercially valuable crops. Botrytis can destroy as much as 30% of a vineyard in a matter of days if vines are left untreated.

Sean Smith, Chief Executive Officer of Eden, said: "Approval in Spain represents the clearance of another hurdle in the commercialisation of 3AEY across Southern Europe, which has been eagerly anticipated by Eden, Sipcam and growers alike. Spain is a major producer of high-value fruits and vegetables, including grapes, and it is the third largest wine producer in the world. Sipcam has already initiated pre-marketing efforts and is now able to pursue full product launch for ARAW™ in time for this year's growing season. Sipcam is well-positioned to gain a substantial market share over the next few years, and we will work to support them wherever possible.

"Going forward, we will continue to work with Sipcam to support the further development of 3AEY for non-grape crops through the label extension process. Furthermore, we are also working together to explore the potential to develop 3AEY for the treatment of other fungal pathogens on grapes and other high-value fruits and vegetables.

"Spain grows a number of other indoor crops which are exported all around the world. The worker safety benefits of using effective, biological products, such as 3AEY, when used in enclosed environments are clear and desirable. This presents Sipcam with the opportunity to sell 3AEY, in due course, for crops other than grapes which will help to derive further value from the investment that both Eden and Sipcam have made to date."

Enquiries:

Notes:

Eden is an early stage revenue company with intellectual property and expertise in encapsulation, terpenes and environmentally friendly technologies to provide naturally occurring solutions to the global agrochemicals industry, the animal health industry, and consumer products.

Eden's encapsulation technology harnesses the biocidal efficacy of naturally occurring chemicals produced by plants (terpenes) and can also be used with hydrophobic compounds both natural and synthetic. The technology uses yeast cells to deliver a slow release of natural compounds for agricultural and non-agricultural uses. Terpenes are already widely used in the food flavouring, cosmetic and pharmaceutical industries.

Historically, terpenes have had limited commercial use in the agrochemical sector due to their volatility, phytotoxicity and poor solubility. Eden's platform encapsulation technology provides a unique, environmentally friendly solution to these problems and enables terpenes to be used as effective, low-risk agrochemicals.

With leading consultants in their respective fields, the Company is developing these technologies through innovative research and a series of commercial production, marketing and distribution partnerships.

The Company has a number of patents and has a pipeline of products at differing stages of development targeting specific areas of the global agrochemicals industry. To date, the Company has invested in the region of £12m in developing and protecting its intellectual property. Revenues earned by the Company have been modest whilst the Company has concentrated on securing patent protection for its intellectual property, identifying suitable industrial partners and entering into licence agreements.

In May of 2013, the three actives that comprise Eden's first commercial product, 3AEY, were approved as new ingredients for use in plant protection products. This represents a major milestone in the commercialisation of Eden's technology and is a significant accomplishment for any company. To illustrate this point, one should note that in all of 2013, Eden's approvals represented 3 of only 10 new active ingredients approved by the EC

3AEY has already been authorised for sale in Kenya, Malta, Greece, Bulgaria and Italy.

Eden was admitted to trading on AIM on 11 May 2012 and trades under the symbol EDEN.

For more information about Eden, please visit www.edenresearch.com

Eden Research plc (AIM: EDEN), the AIM-listed company that provides breakthrough natural microencapsulation technologies to the global agrochemicals, animal health and consumer products industries, announces that is has now received authorisation in Italy for its first product, 3AEY, for use in the prevention and treatment of botrytis in table and wine grapes. 3AEY will be sold in Italy by Eden partner Sipcam S.p.A. under the brand name "3LOGY™" following the issuance of the registration number by the Italian authorities.

This is a significant and long-awaited milestone for the Company and will allow Sipcam to sell 3LOGY to its established customers. 3LOGY is a terpene-based fungicide that can treat and prevent botrytis. Botrytis is a widespread fungal disease that causes grey mould on many fruits and vegetables leading to the rapid loss of commercially valuable crops. The average losses from affected crops account for around 20% of the total harvest, costing producers between €10-100 billion annually worldwide, depending upon weather conditions. The market for Botryticides alone is approximately $300m per annum.

Sean Smith, Chief Executive Officer of Eden, said: "Italy has recently become the largest wine producing country in the world, and so to have 3LOGY registered and available for sale in this important market is clearly very good news for Eden, our partners and the grape growers in Italy. Since we signed the licence agreement with Sipcam in November 2014, there has been a lot of work by both parties to ensure that we could meet the 2016 growing season and to demonstrate the benefits of 3LOGY to growers and distributors.

"Following marketing trials undertaken in 2015, 3LOGY has been very well received by customers throughout the EU southern zone. The unique characteristics that 3LOGY has in terms of its safety and environmental profile, good efficacy and exemption from Maximum Residue Limits make it an interesting and useful product for growers to use. This is particularly relevant in the late stages of the growing season when botrytis can be prevalent and where many alternative products are not able to be used due to residue issues, leaving growers with few options in the last few weeks before harvest due to the long pre-harvest intervals associated with many competing fungicides."

Enquiries:

Notes:

Eden is an early stage revenue company with intellectual property and expertise in encapsulation, terpenes and environmentally friendly technologies to provide naturally occurring solutions to the global agrochemicals industry, the animal health industry, and consumer products.

Eden's encapsulation technology harnesses the biocidal efficacy of naturally occurring chemicals produced by plants (terpenes) and can also be used with hydrophobic compounds both natural and synthetic. The technology uses yeast cells to deliver a slow release of natural compounds for agricultural and non-agricultural uses. Terpenes are already widely used in the food flavouring, cosmetic and pharmaceutical industries.

Historically, terpenes have had limited commercial use in the agrochemical sector due to their volatility, phytotoxicity and poor solubility. Eden's platform encapsulation technology provides a unique, environmentally friendly solution to these problems and enables terpenes to be used as effective, low-risk agrochemicals.

With leading consultants in their respective fields, the Company is developing these technologies through innovative research and a series of commercial production, marketing and distribution partnerships.

The Company has a number of patents and has a pipeline of products at differing stages of development targeting specific areas of the global agrochemicals industry. To date, the Company has invested in the region of £12m in developing and protecting its intellectual property. Revenues earned by the Company have been modest whilst the Company has concentrated on securing patent protection for its intellectual property, identifying suitable industrial partners and entering into licence agreements.

In May of 2013, the three actives that comprise Eden's first commercial product, 3AEY, were approved as new ingredients for use in plant protection products. This represents a major milestone in the commercialisation of Eden's technology and is a significant accomplishment for any company. To illustrate this point, one should note that in all of 2013, Eden's approvals represented 3 of only 10 new active ingredients approved by the EC

Eden was admitted to trading on AIM on 11 May 2012 and trades under the symbol EDEN.

For more information about Eden, please visit www.edenresearch.com

• First commercial scale order for Mevalone from Redestos Group, Eden's partner in Greece and the Balkans
• Mevalone (a trading name used for 3AEY) combats botrytis (grape rot) in table and wine grapes
• Delivery is planned for the end of March 2016
• Eden will derive revenue from product sales and royalties from this first order for the European marke

Eden Research plc (AIM: EDEN), the AIM-listed company that provides breakthrough natural microencapsulation technologies to the global agrochemicals, animal health and consumer products industries, announces that its partner, K&N Efthymiadis (KNE), part of the Redestos Group, has placed its first order for Mevalone™ for the prevention and cure of botrytis on table and wine grapes in Greece. Mevalone is the trade name used in several countries for Eden's fungicidal agrochemical product, 3AEY, and this order follows the national approval for commercial sale in Greece received in August 2015.

Plans are also underway in Greece to submit label extensions to allow the use of Mevalone across a wider range of crops in which the fungal disease botrytis is a problem, such as kiwi, aubergine, green onion and pomegranate. Label extensions can be achieved with a much shorter regulatory timetable and are expected to be received in 2016. These will help KNE realise greater penetration of the larger Greek fungicide market with Mevalone.

Under the existing agreement between Eden and Redestos Group, Eden will receive royalties based on net sales of Mevalone. Eden will also supply KNE with Mevalone from its network of toll manufacturers and suppliers.

Sean Smith, Chief Executive Officer of Eden, said: "As we have stated previously, this year represents one of tremendous progress for Eden and its partners as we transition into commercial sales from our development and registration phase. Our licensees and distributors are now able to realise the initial potential of Eden's product pipeline, and with further label extensions and partnerships to come, we are pleased with the prospects for the future.

"KNE are now executing a comprehensive commercialisation plan across their territories, and we look forward to working with them to support their ambitions. Furthermore, we are also actively collaborating to expand commercialisation activities beyond Mevalone thereby building future growth into our relationship."

K&N Efthymiadis Chief Executive Officer, Vassos Efthymiadis, commented: "After years of hard effort from all parties involved, the time has finally come for the commercialisation of one of the first terpene-based products in the agricultural market. We are all very excited about the potential of this novel technology and feel certain it will be rapidly embraced by the Greek vine growers. At the same time, with the process for label expansion of Mevalone already under way and a number of promising projects existing in Eden's pipeline, we feel confident this new product platform will soon find its way into a number of other agricultural applications."

Enquiries:

Notes:

Eden is an early stage revenue company with intellectual property and expertise in encapsulation, terpenes and environmentally friendly technologies to provide naturally occurring solutions to the global agrochemicals industry, the animal health industry, and consumer products.

Eden's encapsulation technology harnesses the biocidal efficacy of naturally occurring chemicals produced by plants (terpenes) and can also be used with hydrophobic compounds both natural and synthetic. The technology uses yeast cells to deliver a slow release of natural compounds for agricultural and non-agricultural uses. Terpenes are already widely used in the food flavouring, cosmetic and pharmaceutical industries.

Historically, terpenes have had limited commercial use in the agrochemical sector due to their volatility, phytotoxicity and poor solubility. Eden's platform encapsulation technology provides a unique, environmentally friendly solution to these problems and enables terpenes to be used as effective, low-risk agrochemicals.

With leading consultants in their respective fields, the Company is developing these technologies through innovative research and a series of commercial production, marketing and distribution partnerships.

The Company has a number of patents and has a pipeline of products at differing stages of development targeting specific areas of the global agrochemicals industry. To date, the Company has invested in the region of £12m in developing and protecting its intellectual property. Revenues earned by the Company have been modest whilst the Company has concentrated on securing patent protection for its intellectual property, identifying suitable industrial partners and entering into licence agreements.

Eden was admitted to trading on AIM on 11 May 2012 and trades under the symbol EDEN.

For more information about Eden, please visit www.edenresearch.com

Eden Research plc (AIM: EDEN), the AIM-listed company that provides breakthrough natural microencapsulation technologies to the global agrochemicals, animal health and consumer products industries, announces that it has made an application to the London Stock Exchange for the admission to trading on AIM of 530,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") to satisfy the exercise of options over Ordinary Shares. The new Ordinary Shares are expected to be admitted to trading on AIM on 26 January 2016.

Following the allotment of the new Ordinary Shares, the Company's total issued and voting share capital comprises 159,288,265 Ordinary Shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, securities of the Company.

Enquiries:

Notes:

Eden is an early stage revenue company with intellectual property and expertise in encapsulation, terpenes and environmentally friendly technologies to provide naturally occurring solutions to the global agrochemicals industry, the animal health industry, and consumer products.

Eden's encapsulation technology harnesses the biocidal efficacy of naturally occurring chemicals produced by plants (terpenes) and can also be used with hydrophobic compounds both natural and synthetic. The technology uses yeast cells to deliver a slow release of natural compounds for agricultural and non-agricultural uses. Terpenes are already widely used in the food flavouring, cosmetic and pharmaceutical industries.

Historically, terpenes have had limited commercial use in the agrochemical sector due to their volatility, phytotoxicity and poor solubility. Eden's platform encapsulation technology provides a unique, environmentally friendly solution to these problems and enables terpenes to be used as effective, low-risk agrochemicals.

With leading consultants in their respective fields, the Company is developing these technologies through innovative research and a series of commercial production, marketing and distribution partnerships.

The Company has a number of patents and has a pipeline of products at differing stages of development targeting specific areas of the global agrochemicals industry. To date, the Company has invested in the region of £12m in developing and protecting its intellectual property. Revenues earned by the Company have been modest whilst the Company has concentrated on securing patent protection for its intellectual property, identifying suitable industrial partners and entering into licence agreements.

Eden was admitted to trading on AIM on 11 May 2012 and trades under the symbol EDEN.

For more information about Eden, please visit www.edenresearch.com

Eden Research plc (AIM: EDEN), the AIM-listed company that provides breakthrough natural microencapsulation technologies to the global agrochemicals, animal health and consumer products industries, announces that its first agrochemical product, 3AEY, a fungicide that primarily targets botrytis on grapes, has been approved for commercial sale and use in Bulgaria. Bulgaria is in the top 20 wine producing countries globally, and wine grapes make up the vast majority of Bulgarian production.

As part of the regulatory process in the EU, several years' worth of product efficacy trials were conducted in order to generate the data required to support the label claims of botrytis prevention and control in table and wine grapes. As well as proving disease control, other studies such as taint and vinification have also been conducted to prove the product has no negative quality effects on table grapes or when used to produce wine. Eden's 3AEY is considered by the regulatory authority to give a similar level of control to existing commercial chemical fungicides. Furthermore, the active ingredients for Eden's product have been granted an exemption from maximum residue levels in the EU thereby giving growers maximum flexibility in their crop protection programmes.

3AEY was granted authorisation by the zonal Rapporteur Member State, Malta, in May 2015 for the prevention and cure of botrytis in table and wine grapes. This was followed by authorisation in Greece in September 2015. These authorisations pave the way for commercialisation in each country. Eden's commercialisation partners such as Redestos, Sipcam and Sumi Agro France are now preparing for product launches following authorisation.

Eden's Chief Executive, Sean Smith, commented: "Authorisation of 3AEY in Bulgaria is an important additional milestone for Eden and its regional commercialisation partner, Redestos. This is now the third of seven countries in the Southern EU zone to grant its approval for the sale and use of our first product. Though outside of our control, we continue to anticipate authorisation in the remaining member states in due course, and in time for this year's growing season. Our partners are already preparing for official commercial product launches in 2016 across the region."

Enquiries:

Notes:

Eden is an early stage revenue company with intellectual property and expertise in encapsulation, terpenes and environmentally friendly technologies to provide naturally occurring solutions to the global agrochemicals industry, the animal health industry, and consumer products.

Eden's encapsulation technology harnesses the biocidal efficacy of naturally occurring chemicals produced by plants (terpenes) and can also be used with hydrophobic compounds both natural and synthetic. The technology uses yeast cells to deliver a slow release of natural compounds for agricultural and non-agricultural uses. Terpenes are already widely used in the food flavouring, cosmetic and pharmaceutical industries.

Historically, terpenes have had limited commercial use in the agrochemical sector due to their volatility, phytotoxicity and poor solubility. Eden's platform encapsulation technology provides a unique, environmentally friendly solution to these problems and enables terpenes to be used as effective, low-risk agrochemicals.

With leading consultants in their respective fields, the Company is developing these technologies through innovative research and a series of commercial production, marketing and distribution partnerships.

The Company has a number of patents and has a pipeline of products at differing stages of development targeting specific areas of the global agrochemicals industry. To date, the Company has invested in the region of £12m in developing and protecting its intellectual property. Revenues earned by the Company have been modest whilst the Company has concentrated on securing patent protection for its intellectual property, identifying suitable industrial partners and entering into licence agreements.

Eden was admitted to trading on AIM on 11 May 2012 and trades under the symbol EDEN.

For more information about Eden, please visit www.edenresearch.com