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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tern Plc | LSE:TERN | London | Ordinary Share | GB00BFPMV798 | ORD 0.02P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.05 | -1.35% | 3.65 | 3.50 | 3.80 | 3.70 | 3.65 | 3.70 | 859,707 | 08:35:51 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 66k | -10.45M | -0.0269 | -1.36 | 14.18M |
Dow Jones received a payment from EQS/DGAP to publish this press release.
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Tern PLC (TERN)
Tern PLC: Issue of Equity
18-Jun-2018 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
18 June 2018
Tern Plc ("Tern" or the "Company")
Issue of Equity
Tern Plc (AIM: TERN), the investment company specialising in the Internet of
Things ("IoT"), announces that it has issued and allotted 100,000 ordinary
shares of 0.02 pence each pursuant to the exercise of share options
exercisable at 8.5 pence per share.
Application has been made for the 100,000 new ordinary shares to be admitted
to AIM and it is expected that admission will take place, and trading in the
new ordinary shares will commence on 19 June 2018.
The share options were issued to an employee of a portfolio company as part
of their remuneration package.
Following admission of the new ordinary shares, the enlarged issued share
capital will be 225,484,580 ordinary shares of 0.02p each. The Company does
not hold any shares in Treasury. The above figure may be used by
shareholders as the denominator for the calculations to determine if they
are required to notify their interest in, or a change to their interest in,
the Company, under the Disclosure and Transparency Rules.
This announcement contains inside information for the purposes of Article 7
of EU Regulation 596/2014
Enquiries:
Tern Plc via Redleaf
Al Sisto/Sarah Payne
WH Ireland Tel: 0117 945 3470
(NOMAD and joint broker)
Mike Coe/Ed Allsopp
Whitman Howard Tel: 020 7659 1234
(Joint broker)
Nick Lovering/Francis North
Redleaf Communications Tel: 020 7382 4730
Elisabeth Cowell/ Fiona Norman
ISIN: GB00BFPMV798
Category Code: IOE
TIDM: TERN
LEI Code: 2138005F87SODHL9CQ36
Sequence No.: 5655
EQS News ID: 695989
End of Announcement EQS News Service
(END) Dow Jones Newswires
June 18, 2018 02:01 ET (06:01 GMT)
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