Eden Research plc
LSE : EDE

January 24, 2011 04:41 ET

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

                                                                             GB0001646941/GBP/PLUS-exn
                                                                                            24/01/2011

For filings with the FSA include the annex                     
For filings with issuer exclude the annex                      

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
                                                                                                                           
1. Identity of the issuer or the underlying issuer                                       Eden Research
of existing shares to which voting rights are
attached: ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights                                                                           
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares          
already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments            
An event changing the breakdown of voting rights                                                                    YES

(Following the debt conversion & exercise of warrants new shares in issue: 72,986,200)

Other (please specify):                                                                                               
3. Full name of person(s) subject to the                                         J. M. FINN & CO. LTD
notification obligation: iii
4. Full name of shareholder(s)                                                  J. M. FINN NOMINEES LTD
 (if different from 3.):iv                                  
5. Date of the transaction and date on                                             19th January 2011
which the threshold is crossed or
reached: v
6. Date on which issuer notified:                                                  21st January 2011
7. Threshold(s) that is/are crossed or                                                    16%
reached: vi, vii

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of          Situation previous            Resulting situation after the triggering transaction
shares                 to the triggering
                       transaction
if possible using
the ISIN CODE
                       Number         Number         Number         Number of voting            % of  voting rights x
                       of             of             of shares      rights
                       Shares         Voting
                                      Rights
                                                     Direct         Direct xi     Indirect      Direct         Indirect
                                                                                  xii
GBP 0.1 ISIN:            11326071       11326071       11326071       11326071                     15.52%            
GB0001646941
                                                                                                               

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial             Expiration     Exercise/                  Number of voting              % of voting
instrument                    date xiii      Conversion Period xiv      rights that may be            rights
                                                                        acquired if the
                                                                        instrument is
                                                                        exercised/ converted.
                                                                                                      

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial       Exercise      Expiration    Exercise/       Number of voting rights         % of voting rights xix,
instrument              price         date xvii     Conversion      instrument refers to            xx
                                                    period xviii                                    
                                                                                                    Nominal       Delta
                                                                    
                                                                                                                  

Total (A+B+C)
Number of voting rights                                       Percentage of voting rights
11326071                                                      15.52%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

                                                                                                                           

Proxy Voting:
10. Name of the proxy holder:                                                                                              
11. Number of voting rights proxy holder will cease                                                                        
to hold:
12. Date on which proxy holder will cease to hold                                                                          
voting rights:

                                                                                                                           
13. Additional information:                                                                                                
14. Contact name:                                                                                                          
15. Contact telephone number:                                                                                              

Note: Annex should only be submitted to the FSA not the issuer
Annex: Notification of major interests in sharesxxii
                                                                                                                           
A: Identity of the persons or legal entity subject to the notification obligation
Full name                                                     
(including legal form of legal entities)                                          J. M. FINN & CO. LTD.

Contact address                                                                             
(registered office for legal entities)                                     4 COLEMAN STREET, LONDON, EC2R 5TA

Phone number & email                                                                        
                                                                                      0203 207 3325
Other useful information                                                                    
(at least legal representative for legal persons)

                                                                                                                           
B: Identity of the notifier, if applicable
Full name                                                                             MITESH PATEL

Contact address                                                            4 COLEMAN STREET, LONDON, EC2R 5TA

Phone number & email                                                                        
                                                                         0203 207 3325 - mitesh.patel@jmfinn.com
                                                                                            
Other useful information                                      
(e.g. functional relationship with the person or legal                            COMPLIANCE EXECUTIVE
entity subject to the notification obligation)
                                                                                                                           
C: Additional information

For notes on how to complete form TR-1 please see the FSA website.

Contact Information

  • Eden Research plc