Business
Exercise of Options
Exercise of Options.
About this update from Eden Research Plc
[{"type":"text","content":"\n\n17 May 2023\n\n \nEden Research Plc\n(\"Eden\" or \"Company\")\nExercise of Options\nEden Research plc (AIM: EDEN), the AIM-quoted company focused on sustainable biopesticides and plastic-free formulation technology for use in global crop protection, animal health and consumer products industries, announces it has issued 250,000 ordinary shares of 1 pence each in the Company (\"Ordinary Shares\") following the exercise of 250,000 options with an exercise price of 1 pence per share under the Company's share option scheme.\nApplication has been made for the new Ordinary Shares to be admitted to trading on AIM, which is expected to take place on 22 May 2023. The new Ordinary Shares will rank, pari passu, with the existing Ordinary Shares in issue.\nTotal Voting Rights\nFollowing the issue of the new Ordinary Shares, the Company will have 381,108,607 ordinary shares of 1 pence each in issue. No Ordinary Shares are held in treasury. The figure of 381,108,607 may be used by the Company's 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, the Company under the FCA's Disclosure Guidance and Transparency Rules.\n \nFor further information contact:\n \n\n\n\nEden Research plc\n\n\n\n\n\n\n\nSean Smith\nAlex Abrey\n \n\n\nwww.edenresearch.com\n01285 359 555\n\n\n\n\n\n\n\n\n\n\n\n\nCenkos Securities plc (Nominated advisor and broker)\n\n\n \n\n\n\n\nGiles Balleny / Max Gould (corporate finance)\nMichael Johnson (sales)\n \n\n\n020 7397 8900\n\n\n\n\n\n\n\n\n\n\n\n\nHawthorn Advisors (Financial PR)\n\n\n \n\n\n\n\nFelix Meston\nSimon Woods\n\n\n\[email protected]\n \n\n\n\n \n \n \nNotes to Editors:\n \nEden 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. \n \nEden'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 marketab...