New collaboration with Ghent University

Plant Impact Plc

("Plant Impact" or the "Group")

New collaboration with Ghent University: novel chemical compoundsto improve drought tolerance in crops

Plant Impact plc (AIM: PIM), is a leader in research and development in crop enhancement products that growers can rely on to improve the yield and quality of their crops. The Group is pleased to announce a new R&D collaboration with Ghent University, Belgium.

Estimated cereal production losses due to drought and extreme heat across the globe 1964 - 2007 reduced production by 10%*  Plant Impact estimates that in 2007, this was equivalent to nearly $16 billion of lost yield for wheat growers alone**. The impact of drought on cereal crops like corn, rice and wheat, is expected to continue to increase in the coming decades.*

This new collaboration grants Plant Impact exclusive development access and a licensing option to a novel group of phosphonamide pyrabactin analogues. These chemistries were derived from the investigation of biological responses in plants by prominent biologist Prof. Dr. Danny Geelen who is a Director in the Department of Plant Production and board member of CropFit, a consortium of researchers from Ghent University with expertise in biostimulants and biocontrol. The patent-pending molecules were designed and synthesized in the laboratory of Prof Dr. ir. Christian Stevens who is Head of the Synthesis, Bioresources and Bioorganic Chemistry Research Group (SynBioC) in Ghent University's Department of Sustainable Organic Chemistry and Technology.

Pyrabactin analogues have been found to control the aperture of leaf stomata to reduce water loss from leaves. This can improve the plant's water use efficiency and increase yield in conditions of drought. The ground-breaking compounds elicit many of the same responses as natural plant hormone abscisic acid ( ABA ) but are more suited to be used by growers as a foliar spray.

Plant Impact's R&D team, along with academic partners at Ghent University, is working to advance understanding of plant responses to increasing environmental stresses and develop and commercialise unique chemistries which can assist growers in mitigating yield losses due to drought. This new agreement with Ghent University enables the Plant Impact R&D team to carry out full evaluation, glasshouse and field trials with the patent pending pyrabactin analogues, scaling-up existing pipeline projects on mitigating the effects of drought in crops including soybean and wheat, and leading to development and commercialisation of significant new crop enhancement technologies.

Dr Steve Adams, R&D Director, Plant Impact

"The creation of these novel pyrabactin analogues showcases exciting work underway at Ghent University. I am delighted that our new agreement opens the door for Plant Impact to further the advances made by Professors Stevens and Geelen. This will drive us forward in our objective to help improve understanding and mitigation of the effects of increasingly common drought conditions on key world crops."

Prof Dr. ir. Christian Stevens commented:

"The new pyrabactin analogues can be produced in a few synthetic steps using sustainable synthetic methodology. This will guarantee a reasonable cost for an important step forward dealing with rising temperatures in agriculture."

Sources:

*FAO 'The impact of natural hazards and disasters on agriculture and food security and nutrition' 2015 and Nature 529: Influence of extreme weather disasters on global crop production

** FAO global wheat production http://www.fao.org/docrep/010/ah881e/ah881e04.htm

Indexmundi average wheat price 2007 http://www.indexmundi.com/commodities/?commodity=wheat&months=120

For further information, contact:

Plant Impact

John Brubaker, Chief Executive Officer Tel: +44(0) 1582 465 540

Richard Amos, Chief Financial Officer

Ailish Tracy, Global Communications Manager

www.plantimpact.com

Buchanan

Charles Ryland Tel: +44(0) 20 7466 5000

Sophie Cowles

Jane Glover