Business
Launch of Retail Offer
Eden Research plc is launching a retail offer of new ordinary shares at 4.0 pence per share, aiming to raise up to £500,000. This offer, priced at a 2.6% premium to the previous closing price of 3.9 pence, is part of a larger fundraising effort that could total £10.7 million. The net proceeds from the firm capital raising and the retail offer will be used to advance the development and commercialisation of its insecticide formulation and a new fungicide for potato disease. The retail offer is conditional on shareholder approval and the completion of the firm capital raising, with admission of new shares expected on February 19, 2026. Disclaimer*
About this update from Eden Research Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, TO US PERSONS OR INTO OR WITHIN THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN, OR ANY MEMBER STATE OF THE EEA, OR ANY OTHER JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.\nTHE COMMUNICATION OF THIS ANNOUNCEMENT AND ANY OTHER DOCUMENTS OR MATERIALS RELATING TO THE RETAIL OFFER AS A FINANCIAL PROMOTION IS ONLY BEING MADE TO, AND MAY ONLY BE ACTED UPON BY, THOSE PERSONS IN THE UNITED KINGDOM FALLING WITHIN ARTICLE 43 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (WHICH INCLUDES AN EXISTING MEMBER OF EDEN RESEARCH PLC). ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO SUCH PERSONS AND WILL BE ENGAGED IN ONLY BY SUCH PERSONS. THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF EDEN RESEARCH PLC.\n2 February 2026\nEden Research plc\nRetail Offer for up to £500,000\n\nThe Board of Eden Research plc (the \"Company\") is pleased to announce a retail offer via BookBuild (the \"Retail Offer\") of new ordinary shares (\"Ordinary Shares\") of £0.01 each in the capital of the Company (the \"Retail Offer Shares\") at an issue price of 4.0 pence per Retail Offer Share (the \"Issue Price\").\nIn addition to the Retail Offer, the Company announced earlier today, a proposed Fundraising, pursuant to which it proposes to raise, subject to certain conditions £10.7 million (before expenses). The Fundraising consists of the Firm Placing, the Firm Subscription (together the \"Firm Capital Raising\") and the Retail Offer which will raise up to £3.6 million in aggregate (before expenses), assuming full take up of the Retail Offer, as well as the Conditional Placing which will conditionally raise £7.6 million in aggregate (before expenses). A separate announcement has been made regarding the Firm Capital Raising and Conditional Placing and their terms.\nIn recognition of their continued support to the Company, the Board believes that the Retail Of...