RCS - Eden Research plc - Eden Research wins at Small Cap Network Awards

Eden ResearchAnnouncement

17/06/2024 07:15

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RNS Number : 5851S  Eden Research plc  17 June 2024

17 June 2024

 

 

Eden Research Plc

("Eden" or "Company")

 

Eden Research wins at Small Cap Network Awards

Eden Research plc (AIM: EDEN), the AIM-quoted company focused on sustainable
biopesticides and plastic-free formulation technologies for use in the global
crop protection, animal health and consumer products industries, is proud to
announce that it has been named ESG Company of the Year at the prestigious
2024 Small Cap Network Awards in recognition commitment to environmental,
social and governance matters and contribution to the green economy.

 

As a company focused on innovative solutions to drive sustainable agriculture,
ESG is entrenched in all aspects of Eden Research's business strategy. Its
plant-derived crop protection products serve as a natural alternative to
conventional products which contain harsh, synthetic chemicals that persist
and bio-accumulate in the natural environment, causing harm to wildlife,
biodiversity, and human health. Eden's products allow farmers to increase crop
yield with minimal impact on the environment, allowing the agricultural
industry to operate with higher efficiency and address record levels of demand
as the population continues to grow.

 

This award is a reflection of its status as a business with sustainability at
its core, as also demonstrated by its recognition by the London Stock Exchange
as a contributor to London's green economy through the Green Economy Mark.

 

Sean Smith, Chief Executive Officer of Eden Research, commented:

 

"This accolade demonstrates our dedication to creating sustainable solutions
that benefit not only our stakeholders but also contribute to the progression
of sustainable agriculture and farming practices. This achievement is a
reflection of the hard work and commitment of our entire team, partners and
investors as we continue to make progress on our business objectives and bring
our solutions to market."

 

For further information contact:

 

 Eden Research plc
 Sean Smith                                                        www.edenresearch.com (http://www.edenresearch.com)

Alex Abrey

                                                                 01285 359 555

 Cavendish Capital Markets Limited (Nominated advisor and broker)
 Giles Balleny / George Lawson (corporate finance)                 020 7220 0500

Charlie Combe (corporate broking)

Michael Johnson (sales)

 Hawthorn Advisors (Financial PR)
 Victoria Ainsworth                                                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, Ecovelex 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, U.S. 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/) .

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