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RNS Number : 8562F Eden Research plc 27 May 2026
The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part
of UK law by virtue of the European Union (Withdrawal) Act 2018. The
information is disclosed in accordance with the Company's obligations under
Article 17 of the UK MAR. Upon the publication of this announcement, this
inside information is now considered to be in the public domain.
27 May 2026
Eden Research
("Eden" or "the Company")
Directorate change
Eden Research plc (AIM: EDEN), a leader in sustainable biopesticide and
biocontrol technology, announces that Derek McAllan has stepped down from the
Board with immediate effect due to ill health.
Derek has served as a non-Executive Director of the Company during a
significant period for the Company as it gained material regulatory approvals
and raised capital. During this time he guided the Audit Committee as its
chair and was a vaulued member of the board. Rob Cridland will succeed Derek
as interim Chair of the Audit Committee until a replacement is found.
The Board would like to express its sincere gratitude to Derek for his
commitment and valued counsel throughout his tenure.
Lykele van der Broek, Chairman of Eden Research Plc, commented:
"On behalf of the Board and everyone at Eden Research, I would like to thank
Derek for his dedication and contribution to the Company. His insight,
professionalism and commitment have been greatly valued. We are naturally
saddened that ill health has led to his retirement and we wish him a full
recovery and all the very best for the future."
No further disclosures are required pursuant to Schedule Two paragraph (g) of
the AIM Rules for Companies.
For further information contact:
Eden Research plc www.edenresearch.com (http://www.edenresearch.com/)
Sean Smith 01285 359 555
Alex Abrey
Cavendish Capital Markets Limited (Nominated advisor and joint broker)
Giles Balleny / Elysia Bough (Corporate Finance) 020 7220 0500
Harriet Ward (Corporate Broking)
Dale Bellis (Sales)
Oberon Capital (Joint Broker) 020 3179 5300
Nick Lovering
Mike Seabrook
Adam Pollock
Hawthorn Advisors (Financial PR)
Jamie Plotnek eden@hawthornadvisors.com (mailto: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 three products currently on the market:
Based on plant-derived active ingredients, Mevalone® is a foliar
biofungicide which initially targets a key disease affecting grapes and other
high-value fruit and vegetable crops. It is a useful tool in crop defence
programmes and is aligned with the requirements of integrated pest management
programmes. 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 seed treatment product, EcovelexÔ was developed to safely tackle
crop destruction caused by birds - a major cause of losses in maize and other
crops. Ecovelex works by creating an unpleasant taste or odour that repels
birds, leaving the seeds safely intact and the birds unaffected and free to
find alternative food sources. The product is based on Eden's plant-derived
chemistry, registered in the EU, US and elsewhere, and formulated using Eden's
Sustaine® microencapsulation system.
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
(http://www.edenresearch.com/) .
Follow Eden on LinkedIn (https://www.linkedin.com/company/eden-research-plc/)
, Twitter (https://twitter.com/edenresearch) and YouTube
(https://www.youtube.com/@edenresearch580) .
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