Eden Research plc Grant of Awards Under Long-Term Incentive Plan

RNS Number : 2402V

Eden Research plc

05 July 2024

Greenvale AP

05 July 2024

Eden Research plc

("Eden" or "Company)

Grant of Awards Under Long-Term Incentive Plan

Eden 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, confirms the grant of options under the Company's Long Term Incentive Plan ("LTIP") to Sean Smith, Chief Executive Officer, and Alex Abrey, Chief Finance Officer (together the "Executives"), as follows:

The Company has made a grant to the Executives, in respect of 2023 in order to ensure continuity of long term incentive, of options over 11,918,901 new Ordinary Shares in Eden ("the Options"), at a strike price of 6.5p each, representing a premium of 48% to the current share price, in the amounts of 6,805,852 awarded to Sean Smith and 5,113,049 awarded to Alex Abrey.

The Options expire on 30 June 2028 and vest as follows:

1/3 12 months from the date of grant

1/3 24 months from the date of grant

1/3 36 months from the date of grant

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

For further information contact:

Eden Research plc	www.edenresearch.com
Sean Smith Alex Abrey	01285 359 555

Cavendish Capital Markets Limited (Nominated advisor and broker)
Giles Balleny / George Lawson (corporate finance) Michael Johnson (sales)	020 7397 8900

Hawthorn Advisors (Financial PR)
Victoria Ainsworth	eden@hawthornadvisors.com

Details of the person discharging managerial responsibilities / person closely associated

Name

Sean Smith

Reason for the notification

Position/status

Chief Executive Officer

Initial notification /Amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Eden Research plc

LEI

213800ZWTYTVQQSM3J85

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

Description of the financial instrument, type of instrument

Identification code

Options over ordinary shares of 1 pence each

GB0001646941

Nature of the transaction

Grant of options

Price(s) and volume(s)

Price(s)

Volume(s)

6.5p

6,805,852

Aggregated information

- Aggregated volume

- Price

N/A

Date of the transaction

4 July 2024

Place of the transaction

Outside of trading venue

Details of the person discharging managerial responsibilities / person closely associated

Name

Alex Abrey

Reason for the notification

Position/status

Chief Financial Officer

Initial notification /Amendment

Initial Notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Eden Research plc

LEI

213800ZWTYTVQQSM3J85

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

Description of the financial instrument, type of instrument

Identification code

Options over ordinary shares of 1 pence each

GB0001646941

Nature of the transaction

Grant of options

Price(s) and volume(s)

Price(s)

Volume(s)

6.5p

5,113,049

Aggregated information

- Aggregated volume

- Price

N/A

Date of the transaction

4 July 2024

Place of the transaction

Outside of trading venue

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