REG - Tern PLC - Director/PDMR Shareholding

TernAnnouncement

01/11/2024 07:00

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RNS Number : 5041K  Tern PLC  01 November 2024

1 November 2024

 

Tern Plc

(the "Company")

 

Director / PDMR Shareholding

 

Tern Plc (AIM:TERN), the investment company specialising in supporting high
growth, early-stage, disruptive Internet of Things ("IoT") technology
businesses, announces that it was yesterday informed that Iain Ross, a
Non-Executive Director of the Company has purchased 1,100,000 ordinary shares
at a price of 1.38 pence per ordinary share. Following this purchase, Iain
Ross now holds 1,100,000 ordinary shares, being approximately 0.22% of the
Company's total voting rights.

 

The notifications below, made in accordance with the requirements of the EU
Market Abuse Regulation (2014/596/EU) as it forms part of United Kingdom
domestic law by virtue of the European Union (Withdrawal) Act 2018 and as
modified by or under the European Union (Withdrawal) Act 2018 or other
domestic law, provide further detail.

 

 

Enquiries

 Tern Plc                                                     via IFC Advisory

 Ian Ritchie (Chairman)
 Allenby Capital Limited

                                                            Tel: 0203 328 5656
 (Nominated Adviser and Broker)

 Alex Brearley / Dan Dearden-Williams (Corporate Finance)

 Matt Butlin / Kelly Gardiner (Sales and Corporate Broking)

IFC Advisory                                                Tel: 0203 934 6630

 (Financial PR and IR)                                        tern@investor-focus.co.uk (mailto:tern@investor-focus.co.uk)

 Tim Metcalfe

 Graham Herring

 Florence Chandler

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated

 a)  Name                                                         1.    Iain Ross

 2   Reason for the notification

 a)  Position/status                                              1.    Non-Executive Director

 b)  Initial notification/Amendment                               Initial Notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Tern plc

 b)  LEI                                                          2138005F87SODHL9CQ36

 4   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

 a)  Description of the financial instrument, type of instrument  Ordinary shares of 0.02p each
     Identification code                                          GB00BFPMV798
 b)  Nature of the transaction                                    Acquisition of ordinary shares

 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)

     1.     1.38 pence                                                                         1.     1,100,000

 d)  Aggregated information
     Aggregated volume                                            N/A

     Price                                                        £15,180
 e)  Date of the transaction                                      31 October 2024

 f)  Place of the transaction                                     London Stock Exchange

 

 

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