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TERN Tern Plc

1.40
0.00 (0.00%)
23 Dec 2024 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.00 0.00% 1.40 606,664 08:00:00
Bid Price Offer Price High Price Low Price Open Price
1.35 1.45 1.40 1.40 1.40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 199k -12.61M -0.0284 -0.49 6.22M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:22:00 O 35,000 1.437 GBX

Tern (TERN) Latest News (2)

Tern News

Date Time Source Headline
23/12/202411:39UK RNSTern PLC Device Authority update
16/12/202407:01UK RNSTern PLC Online Investor Presentation and Q&A Session
16/12/202407:00UK RNSTern PLC Placing to raise £400,000
01/11/202407:00UK RNSTern PLC Director/PDMR Shareholding
29/10/202407:00UK RNSTern PLC Board Changes
25/10/202407:27UK RNSTern PLC Further re. Wyld Networks Rights Issue
15/10/202406:00UK RNSTern PLC Placing to raise £625,000
30/9/202416:04UK RNSTern PLC Total Voting Rights
30/9/202406:00UK RNSTern PLC Device Authority Update
23/9/202410:13UK RNSTern PLC Replacement: Results of Open Offer

Tern (TERN) Discussions and Chat

Tern Forums and Chat

Date Time Title Posts
23/12/202415:25TERN, encrypting the cloud and Internet of Things.358,524
21/12/202416:03tern mbo ?4,089
20/12/202407:52TERN, encrypting the cloud and Internet of Things61,798
17/12/202410:21Tern plc 2,368
07/11/202408:40WARDY GOES POP59

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Tern (TERN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:22:011.4435,000502.95O
16:17:451.4425,821371.05O
16:17:041.43125,0001,786.25O
15:20:121.43100,0001,425.00O
15:07:221.4360,000855.00O

Tern (TERN) Top Chat Posts

Top Posts
Posted at 23/12/2024 08:20 by Tern Daily Update
Tern Plc is listed in the Finance Services sector of the London Stock Exchange with ticker TERN. The last closing price for Tern was 1.40p.
Tern currently has 444,223,831 shares in issue. The market capitalisation of Tern is £6,219,134.
Tern has a price to earnings ratio (PE ratio) of -0.49.
This morning TERN shares opened at 1.40p
Posted at 23/12/2024 11:41 by dave444
Tern PLC Device Authority updateSource: RNS Regulatory NewsRNS Number : 1489RTern PLC23 December 2024 23 December 2024Tern Plc("Tern" or the "Company")Device Authority updateTern Plc (AIM:TERN), the investment company specialising in supporting high growth, early-stage, disruptive Internet of Things ("IoT") technology businesses, announces an update in relation to Device Authority Limited ("Device Authority").Completion of the remaining Tranche Two of the Device Authority Fundraising of US$3.3 million, by Ten Eleven Ventures ("Tranche Two"), originally announced on 27 December 2023, was, as announced on 30 September 2024, deferred due to the positive performance of Device Authority to, if required, on or before 31 December 2024. Whilst the positive performance of Device Authority has continued, the Device Authority board and Ten Eleven Ventures have concluded that completing Tranche Two now is in the best interests of Device Authority and its shareholders to facilitate its continued business momentum. Tranche Two has therefore completed.On completion of Tranche Two, Tern's holding in Device Authority has reduced from 30.0% to 25.3% of Device Authority's equity (before any dilution on exercise of share options), which has an unaudited book valuation of approximately US$5.4 million (approximately £4.3 million) at the valuation implied by the Tranche Two issue price, which is the same price as the Device Authority Fundraising originally announced by the Company on 27 December 2023.Commenting, David Palmer, General Partner of Ten Eleven Ventures, said: "Ten Eleven Ventures are delighted to approve the follow-on funding for Device Authority. We are very pleased with Device Authority's progress to date and to be on this journey with them."Commenting, Tim Eades, Chair of Device Authority, said: "This is another significant milestone for Device Authority and augers well for increasing the sales momentum and accelerating our business model to allow Device Authority to achieve its potential."Unless otherwise stated, defined terms should be given the meaning given to them in the Company's announcement made on 27 December 2023.Further information on Device AuthorityDevice Authority is a global leader in Identity and Access Management ("IAM") for the IoT; focused on the automotive, medical device ("IoMT") and industrial ("IIoT") sectors. Device Authority's KeyScaler™ platform provides zero touch provisioning and complete automated lifecycle management for securing IoT devices and data at scale, with frictionless deployment across device provisioning, authentication, credential management, policy based end-to-end data security/encryption and secure OTA (over the air) and HSM (hardware security module) updates.Based on Device Authority's latest statutory accounts for the year ended 31 December 2023, as at that date it had net assets of £11,024,568 and incurred a profit for the year of £4,303,751. Given the statutory nature of these ?gures Tern does not consider this profit to be representative of the current business and trading performance of Device Authority. Enquiries Tern PlcIan Ritchie (Chairman)via IFC Advisory Allenby Capital Limited(Nominated Adviser and Broker)Alex Brearley / Dan Dearden-Williams (Corporate Finance)Kelly Gardiner / Guy McDougall (Sales and Corporate Broking) Tel: 0203 328 5656 IFC Advisory(Financial PR and IR)Tim MetcalfeGraham HerringFlorence Chandler Tel: 0203 934 6630 This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END UPDUOOARSBUUUAA
Posted at 21/12/2024 17:44 by ebomber
Tern plc - Online Investor Presentation - 9 January 2025

Tern Plc (AIM:TERN), the investment company specialising in supporting high growth, early-stage, disruptive Internet of Things ("IoT") technology businesses, is pleased to announce that the Company will be hosting an online presentation and Q&A session at 5.30 p.m. GMT on Thursday 9 January 2025.

Presenting will be members of Tern's management team and management from Tern's portfolio companies Device Authority, FundamentalVR and Talking Medicines. This session is open to all existing and prospective shareholders. Those who wish to attend should register via the following link where they will be provided with access details:
Posted at 18/12/2024 10:41 by tullynessle
The statistics below may be of interest ahead of the Presentation and Q & A.


TERN, Breakdown of Fundraises, Issue of Shares and Prices for the period from Dec 24, 2024 thru July 20. 2020

1.
16 Dec 2024 Placing £400,000 - 30,769,231 shares @ 1.30p (Discount 16.13%)

16 Dec 2024 524,993,062 is the new issued share capital

2.
15 Oct 2024 Placing £625,000 - 50,000,000 shares @ 1.25p (Discount 41.9%)

15 Oct 2024 494,223,831 is the new issued share capital

3.
23 Sep 2024 Open Offer to SHs £144,044 - 11,523,513 @ 1.25p (Discount 13.8%)

23 Sep 2024 444,223,831 is the new issued share capital

4.
15 May 2024 Warrants exercised £110,480 - 5,524,007 shares @ 2.0p

15 May 2024 432,700,318 is the new issued share capital

5.
12 Apr 2024 Placing £420,000 - 17,500,000 shares @ 2.4p (Discount 30.4%)

12 Apr 2024 427,176,311 is the new issued share capital

6.
24 Jan 2024 Placing £400,000 - 20,000,000 shares @ 2.0p (Discount 30.4%)

24 Jan 2024 409,676,311 is the new issued share capital

7.
12 Jun 2023 Loan Impl. Fee £50,000 - 1,104,801 shares @ 4.5257p

12 Jun 2023 389,676,311 is the new share capital

8.
08 Dec 2022 Subscript. £1,500,000 - 15,000,000 shares @ 10.0p (Discount 14.9%)

08 Dec 2022 388,571,510 is the new issued share capital

9.
06 Oct 2022 Subs & Retail £1,600,000 – 21,356,809 shares @ 7.5 p (Disc 14.29%)

06 Oct 2022 373,571,510 is the new issued share capital

10.
15 Dec 2021 Options Exercised £36,000 – 400,000 shares @ 9.0p

15 Dec 2021 352,014,701 is the new issued share capital

11.
14 Jul 2021 Subs & Retail £4.0 million - 21,276,600 shares @ 18.8 p (Disc ?)

14 Jul 2021 351,614,701 is the new issued share capital

12.
13 Nov 2020 Subs & Retail £2.2 million – 29,338,667 shares @ 7.5p (Disc 14.3%)

13 Nov 2020 330,338,101 is the new issued share capital

13.
20 Jul 2020 Subs £1.5 million - 17,647,058 shares @ 8.5 p

20 Jul 2020 300,999,434 is the new issued share capital


Immediately prior to 20 Jul 2020 fundraise 283,352,376 shares in issue.
Review started here.
--------------------------------------

Summary: Monies raised

1. 16 Dec 2024 £ 400,000
2. 15 Oct 2024 £ 625,000
3. 23 Sep 2024 £ 144,044
4. 15 May 2024 £ 110,480
5. 12 Apr 2024 £ 420,000
6. 24 Jan 2024 £ 400,000
7. 12 Jun 2023 £ 50,000
8. 08 Dec 2022 £1,500,000
9. 06 Oct 2022 £1,600,000
10. 15 Dec 2021 £ 36,000
11. 14 Jul 2021 £4,000,000
12. 13 Nov 2020 £2.200,000
13. 20 Jul 2020 £1.500,000

Total: £12,985,524

Immediately prior to 20 Jul 2020 fundraise 283,352,376 shares in issue.
Review started here.
-----------------------------------

Summary: Shares Issued

1. 16 Dec 2024 30,769,231
2. 15 Oct 2024 50,000,000
3. 23 Sep 2024 11,523,513
4. 15 May 2024 5,524,007
5. 12 Apr 2024 17,500,000
6. 24 Jan 2024 20,000,000
7. 12 Jun 2023 1,104,801
8. 08 Dec 2022 15,000,000
9. 06 Oct 2022 21,356,809
10. 15 Dec 2021 400,000
11. 14 Jul 2021 21,276,600
12. 13 Nov 2020 29,338,667
13. 20 Jul 2020 17,647,058

Total: 241,440,686

Immediately prior to 20 Jul 2020 fundraise 283,352,376 shares in issue.
Review started here.
------------------------

Summary: Price at which new shares were issued

1. 16 Dec 2024 1.30p (Discount 16.13p)
2. 15 Oct 2024 1.25p (Discount 41.9%)
3. 23 Sep 2024 1.25p (Discount 13.8%)
4. 15 May 2024 2.0p
5. 12 Apr 2024 2.4p (Discount 30.4%)
6. 24 Jan 2024 2.0p (Discount 30.4%)
7. 12 Jun 2023 4.5257p
8. 08 Dec 2022 10.0p (Discount 14.9%)
9. 06 Oct 2022 7.5p (Disc 14.29%)
10. 15 Dec 2021 9.0p
11. 14 Jul 2021 18.8p (Disc ?)
12. 13 Nov 2020 7.5p (Disc 14.3%)
13. 20 Jul 2020 8.5p

Immediately prior to 20 Jul 2020 fundraise 283,352,376 shares in issue.
Review started here.
Posted at 16/12/2024 11:26 by cambradjones
Further to my earlier rant. I have held tern almost 7 yrs, in all that time I have seen just 1 rns that has resulted in a tiny gain on the day, the vast majority have usually had a very negative affect on the share price As a result of all these rns, we are now sitting at just 1.5p after going as high as 56p. The law of averages says we should have had more positive rns among the 100 or more we have seen over the years but it seems tern don't do rns that enhance the share price Obviously I'm being very negative but I'm just saying it as I've seen it.The numbers don't lie.
Posted at 12/12/2024 08:47 by jonc
You don't need an exit.You need confirmation of material sequential month on month recurring revenue growth.That would propel the Tern share price upwards.Sadly it won't happen.
Posted at 28/11/2024 14:15 by still waiting
OR

you could be completely wrong and in fact DA did not need those extra funds as it knew it was about to be acquired so that a true global could announce that they can secure the entire iot lifecycle for the rest of that product life, for say $2bn !!

what price Tern share price then ?
Posted at 24/11/2024 12:19 by mudbath
Yes moneymaker6, for once the TERN share price starts to reflect current known progress then watch out for the market suddenly extrapolating its new found understanding of Device Authority's almost limitless revenue generating potential.

First we will continue to form the share price bowl, then probably a super bowl and lastly that long handled powerful hockey stick.

Not tomorrow maybe, but coming soon to a portfolio near you !
Posted at 21/11/2024 10:50 by mudbath
Gravity will prevail.
The penny will drop.
For every action there is an equal and opposite reaction.
The TERN share price will therefore continue rising but at an increasing rate.

Don't be impatient, for pay day is assuredly on the way.
Posted at 20/11/2024 19:37 by steveberyl
Just to repeat for Newbies, Device Authority 3.4% was sold to Venafi as a STRATEGICAL STAKE by SISTO, not Darren Antill D/A CEO, but by Sisto of TERN

Tern gained absolutely NO material advantage. Antill must have been apoplectic when he learned of this, a third party getting access to DA/KS TECH.

That SALE at such a giveaway price meant the Multiplied price of DA/KS was considerably less and CONSEQUENTLY TERN PRICE FELL dramatically, ON A SALE?

Proving that SISTO is Brain Dead. This Sovereign Wealth disclosure and my own thoughts lead me to believe, our researchers have stumbled upon the whole SISTO SCHEME. A deal may be close, BUT IS IT THE DEAL WE WANT??.

MR MARKET does not trust our Snake oil Salesman, nor do I.
Posted at 20/11/2024 14:44 by steveberyl
Bcfc5 Ditto your comments

On SW board there are silly posts suggesting Investors should pay more than the quote for their shares, Price is made by MM`s who see no value in tern.

Andrew Beaston and other superb researchers are NOT the people who should be Divulging all the GOOD NEWS, Tern must do this, but never, ever do, it is as though TERN Board have a vested interest in TERN BEING VALULESS.

Exasperating is the word or something more sinister. TW and his trolls have named this over the 6 years I have been in and out. Whilst they are annoying, it is undeniable that they have been proved CORRECT. Yes growth is apparent according to ADVFN Posters research, but GROWTH IS NOT APPARENT according to TERN Board and that is the disconnect. Partnership with Cyberark is an RNS event, as is the MSFT/CYBERARK event yet nothing from tern to ALERT the wider Market.

TERN only ever seem to converse with SW and ADVFN posters. That is weird and totally unacceptable. TERN Board forget, there are millions of Investors that know nothing of ADVFN and are therefore Ignorant of Superb Research.

HOW about TERN Learn what the RNS service actually is.
Tern share price data is direct from the London Stock Exchange

Tern Frequently Asked Questions (FAQ)

What is the current Tern share price?
The current share price of Tern is 1.40p
How many Tern shares are in issue?
Tern has 444,223,831 shares in issue
What is the market cap of Tern?
The market capitalisation of Tern is GBP 6.22M
What is the 1 year trading range for Tern share price?
Tern has traded in the range of 0.95p to 4.65p during the past year
What is the PE ratio of Tern?
The price to earnings ratio of Tern is -0.49
What is the cash to sales ratio of Tern?
The cash to sales ratio of Tern is 35
What is the reporting currency for Tern?
Tern reports financial results in GBP
What is the latest annual turnover for Tern?
The latest annual turnover of Tern is GBP 199k
What is the latest annual profit for Tern?
The latest annual profit of Tern is GBP -12.61M
What is the registered address of Tern?
The registered address for Tern is 27/28 EASTCASTLE STREET, LONDON, W1W 8DH
What is the Tern website address?
The website address for Tern is www.ternplc.com
Which industry sector does Tern operate in?
Tern operates in the MANAGEMENT CONSULTING SVCS sector

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