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

Ian Ritchie (Chairman)

via IFC Advisory


Allenby Capital Limited

(Nominated Adviser and Broker)

Alex Brearley / Dan Dearden-Williams (Corporate Finance)

Matt Butlin / Kelly Gardiner (Sales and Corporate Broking)

 
 Tel: 0203 328 5656

 
IFC Advisory

(Financial PR and IR)

Tim Metcalfe

Graham Herring

Florence Chandler

 
 Tel: 0203 934 6630

tern@investor-focus.co.uk

 

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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END
 
 
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