Tern Share Price (TERN)

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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 Shares Traded Last Trade
  -0.60 -4.8% 11.90 1,560,195 12:55:42
Bid Price Offer Price High Price Low Price Open Price
11.50 12.30 12.50 11.50 12.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 4.58 1.35 8.8 42
Last Trade Time Trade Type Trade Size Trade Price Currency
12:55:17 O 5,000 12.00 GBX
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Tern (TERN) Latest News

Tern News

Date Time Source Headline
28/6/202217:00UKREGTern PLC Notice of Tern General Meeting
28/6/202216:05UKREGPires Investments PLC Publication and posting of the Scheme Document
28/6/202214:12UKREGJonathan Mark Swann Form 8.3 - Tern PLC
27/6/202218:22UKREGJonathan Mark Swann Form 8.3 - Tern PLC
22/6/202212:34UKREGPires Investments PLC Disclosure under Rule 20.1
22/6/202212:10UKREGTern PLC Disclosure under Rule 20.1
22/6/202211:03UKREGJonathan Mark Swann Form 8.3 - Tern PLC
21/6/202211:08UKREGJonathan Mark Swann Form 8.3 - Tern PLC
21/6/202210:33UKREGJames McCafferty Form 8.3 - Tern plc
21/6/202208:49UKREGPires Investments PLC Update on Irrevocable Undertaking
More Tern News
Tern Investors    Tern Takeover Rumours

Tern (TERN) Discussions and Chat

Tern Forums and Chat

Date Time Title Posts
29/6/202213:19TERN Phoenix336
29/6/202213:18TERN, encrypting the cloud and Internet of Things.314,338
29/6/202213:01TERN, encrypting the cloud and Internet of Things59,270
28/6/202210:55Tern is virtually Dormant3,094
27/6/202215:55tern scam273

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Tern (TERN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:55:1812.005,000600.00O
11:55:0312.0010,0001,200.00O
11:45:1412.1765,7588,000.12O
11:43:5612.351,535189.57O
10:46:4412.3810,0001,238.00O
View all Tern trades in real-time

Tern (TERN) Top Chat Posts

DateSubject
29/6/2022
09:20		Tern Daily Update: Tern Plc is listed in the Software & Computer Services sector of the London Stock Exchange with ticker TERN. The last closing price for Tern was 12.50p.
Tern Plc has a 4 week average price of 10.75p and a 12 week average price of 10.75p.
The 1 year high share price is 28.25p while the 1 year low share price is currently 9.75p.
There are currently 352,014,701 shares in issue and the average daily traded volume is 1,439,524 shares. The market capitalisation of Tern Plc is £43,121,800.87.
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29/6/2022
12:00		philjeans: FROM LAST NIGHT'S RNS; 4.2 Details of the Tern Network of Companies Tern's network of companies predominantly comprises: (a) Device Authority Limited ('Device Authority') Tern has a 53.8 per cent. holding in Device Authority. Device Authority is a global leader in Identity and Access Management (IAM) for the IoT; focused on securing and automating zero trust for IoT industries in the automotive, medical device (IoMT), industrial (IIoT) sectors and evolving government and defence sectors. Device Authority's KeyScaler(TM) 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. KeyScaler(TM) is system agnostic and protects Device Authority's customers' global IoT deployments at the edge, in the cloud and integrating into complex policy-driven requirements, independent of the customers' proprietary hardware and software environments. KeyScaler(TM) is deployed both direct, and through key cloud platform and system integrator partners such as Microsoft, Wipro, Venafi and EnTrust. In December 2021, as part of a US$2.9 million funding package, Device Authority received a US$1.25 million strategic investment from Venafi Inc ("Venafi"). Venafi is a privately held cybersecurity company that develops software to secure and protect cryptographic keys and digital certificates. In December 2020, Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sectors, with over US$114 billion of assets under management as of 31 March 2022, acquired a majority stake in Venafi in a deal valuing Venafi at US$1.15 billion. The transaction with Venafi, fulfilled Tern's goal of obtaining an active strategic partner for Device Authority with solid cybersecurity credentials and a large presence in the United States. Following the Venafi investment Tern continues to hold a majority equity stake in Device Authority. Device Authority has continued its reported positive business momentum following the strategic investment from Venafi, with the business being particularly focused on growing its monthly recurring revenues through its subscription base and its modularised licence platform, KeyScaler(TM). Particularly strong demand has come from the automotive sector, with the retail sector and the US Government, both as a customer and as a result of the effects of its policy, also being strong contributors to growth. The executive order from US President Biden in May 2021 that tasked the National Telecommunications and Information Administration (NTIA) and the Commerce Department with defining the minimum elements of a SBOM (software bill of materials), considered critical to improving transparency and security in the software supply chain and securing critical infrastructure, continue to provide sales opportunities and leads for Device Authority. With the target of growing monthly recurring revenues, Device Authority started selling KeyScaler(TM) as a SaaS (KSaaS) product in late 2021, with initial customers on this model coming from the automotive, healthcare and retail sectors, enabling these customers to more rapidly onboard and scale in a secure, hosted cloud environment. Other enhancements to Device Authority's product range include the launch of KeyScaler(TM) Edge in October 2021, which Device Authority believes is the first device identity centric IAM designed to address the complex end-to-end challenges of IoT security lifecycle management at the network edge. It is a lightweight version of KeyScaler(TM) that has been created specifically for network edge nodes, with the ability to register, authenticate, and provision security certificates and tokens to devices in the local network, independent of an available internet connection. This allows organisations the ability to automate edge deployments to drive efficiency at IoT scale and meet their compliance and regulatory obligations for private local network deployments, with safety, confidentiality, data theft/privacy, brand reputation, revenue protection being important factors. In addition to new customer wins, Device Authority also continues to enter into further distribution partnerships. Device Authority has partnerships with leading IoT ecosystem providers, including Avnet, AWS, DigiCert, Entrust, Ericsson, HID Global, Microsoft, PTC, Thales, Titan Automotive Solutions, Trusted Objects, Venafi and Wipro, amongst others. ABI Research reported in February 2022 that they consider Device Authority as the current industry leader in their IoT device identity lifecycle management competitive assessment. Device Authority's website can be found at: https://www.deviceauthority.com
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29/6/2022
08:38		skidaddle: onsideman 29 Jun '22 - 08:35 - 314229 of 314229 0 1 0 wardy333 29 Jun '22 - 08:23 - 314224 of 314227 I'm not in favour however I believe that the share price will drop in the event that the deal doesn't progress. It's how markets work I'm afraid" Well if it doesn't go through and the share price drops, I'm buying!
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29/6/2022
08:16		skidaddle: Re: "Another key paragraph. "Irrespective of the date on which completion of the Acquisition falls, Pires Shareholders will not be entitled to receive any dividend declared, made or paid by Tern for the benefit of the Shareholders by reference to a record date falling on or before the date on which the Acquisition completes" Funny thing to put in when the deal is supposed to go through in a matter of days....a dividend for only Tern shareholders 🤔" Well if it doesn't happen in the next few weeks, I won't be voting for the deal to go through. As far as all the detail about Tern investees goes, that's mainly to entice the Pires shareholders to vote yes. Which is the first hurdle. It works in reverse for Tern shareholders who then question why are we giving away so much for so little?
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28/6/2022
21:53		tullynessle: Re Post 314189 Extract[From RNS today - 28June, 2022] Tern's network of companies predominantly comprises: (a) Device Authority Limited ('Device Authority') Tern has a 53.8 per cent. holding in Device Authority. Device Authority is a global leader in Identity and Access Management (IAM) for the IoT; focused on securing and automating zero trust for IoT industries in the automotive, medical device (IoMT), industrial (IIoT) sectors and evolving government and defence sectors. Device Authority's KeyScaler(TM) 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. KeyScaler(TM) is system agnostic and protects Device Authority's customers' global IoT deployments at the edge, in the cloud and integrating into complex policy-driven requirements, independent of the customers' proprietary hardware and software environments. KeyScaler(TM) is deployed both direct, and through key cloud platform and system integrator partners such as Microsoft, Wipro, Venafi and EnTrust. In December 2021, as part of a US$2.9 million funding package, Device Authority received a US$1.25 million strategic investment from Venafi Inc ("Venafi"). Venafi is a privately held cybersecurity company that develops software to secure and protect cryptographic keys and digital certificates. In December 2020, Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sectors, with over US$114 billion of assets under management as of 31 March 2022, acquired a majority stake in Venafi in a deal valuing Venafi at US$1.15 billion. The transaction with Venafi, fulfilled Tern's goal of obtaining an active strategic partner for Device Authority with solid cybersecurity credentials and a large presence in the United States. Following the Venafi investment Tern continues to hold a majority equity stake in Device Authority. Device Authority has continued its reported positive business momentum following the strategic investment from Venafi, with the business being particularly focused on growing its monthly recurring revenues through its subscription base and its modularised licence platform, KeyScaler(TM). Particularly strong demand has come from the automotive sector, with the retail sector and the US Government, both as a customer and as a result of the effects of its policy, also being strong contributors to growth. The executive order from US President Biden in May 2021 that tasked the National Telecommunications and Information Administration (NTIA) and the Commerce Department with defining the minimum elements of a SBOM (software bill of materials), considered critical to improving transparency and security in the software supply chain and securing critical infrastructure, continue to provide sales opportunities and leads for Device Authority. With the target of growing monthly recurring revenues, Device Authority started selling KeyScaler(TM) as a SaaS (KSaaS) product in late 2021, with initial customers on this model coming from the automotive, healthcare and retail sectors, enabling these customers to more rapidly onboard and scale in a secure, hosted cloud environment. Other enhancements to Device Authority's product range include the launch of KeyScaler(TM) Edge in October 2021, which Device Authority believes is the first device identity centric IAM designed to address the complex end-to-end challenges of IoT security lifecycle management at the network edge. It is a lightweight version of KeyScaler(TM) that has been created specifically for network edge nodes, with the ability to register, authenticate, and provision security certificates and tokens to devices in the local network, independent of an available internet connection. This allows organisations the ability to automate edge deployments to drive efficiency at IoT scale and meet their compliance and regulatory obligations for private local network deployments, with safety, confidentiality, data theft/privacy, brand reputation, revenue protection being important factors. In addition to new customer wins, Device Authority also continues to enter into further distribution partnerships. Device Authority has partnerships with leading IoT ecosystem providers, including Avnet, AWS, DigiCert, Entrust, Ericsson, HID Global, Microsoft, PTC, Thales, Titan Automotive Solutions, Trusted Objects, Venafi and Wipro, amongst others. ABI Research reported in February 2022 that they consider Device Authority as the current industry leader in their IoT device identity lifecycle management competitive assessment. Device Authority's website can be found at: https://www.deviceauthority.com RNS continues with details of the other Investee Companies...
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28/6/2022
21:52		tullynessle: TERN RNS at 5pm today Noticed that certain of the descriptions of Investee Companies have been updated from the information provided in the RNS dated June 1, 2022. See next post for example. https://uk.advfn.com/stock-market/london/tern-TERN/share-news/Tern-PLC-Notice-of-Tern-General-Meeting/88470438 Tern PLC Notice of Tern General Meeting 28/06/2022 5:00pm UK Regulatory (RNS & others) Notice of Tern General Meeting and posting of a circular to Tern Shareholders On 1 June 2022 , it was announced that the Tern Directors and Pires Directors had reached agreement on the terms of a recommended all-share offer by Tern for the issued and to be issued share capital of Pires, to be effected by means of a court-sanctioned scheme of arrangement between Pires and Pires Shareholders under Part 26 of the Companies Act 2006 (the "Acquisition")(the "2.7 Announcement"). TERN RNS continues....
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28/6/2022
09:33		andrbea: T-gram poster My understanding is we need to be at 15.5p or above for the Pires deal to go through? my view: that hardly seems likely... given the current stagnation. Depends when the deal date is, of course. 2 posts, too, from yesterday: I can't decide whether or not to buy more. Would require my selling another holding. Opinions on what would happen to the share price if this deal crashes? answer: As would probably lead to the end of tern management, they done due diligence and called off a strategic deal once, to go through it again would be gross incompetence and would lead to someone having to fall on their sword as tern are too top heavy in directors now and shareholders just want exits.
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27/6/2022
11:14		andrbea: poster on T-gram group I'd rather we sold one of the investees and financed operations that way. Nothing in pires I'd want. Tern have great investees and some decent % in each And, on 26.6.22: poster [26/06/2022 14:48] [ Poll : Pires/ Tern deal sentiment gauge ] - Pires holder - for the deal - Pires holder - against - Tern holder - for - Tern holder - against - Pires & Tern holder - for - Pires & Tern holder - against poster [26/06/2022 14:49] Posted in pires. Be interesting to get votes from here poster, [26/06/2022 17:06] Currently 69% against, 31% for
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27/6/2022
09:19		andrbea: A full month of preparations for a Tern/Piri deal will have cost a pretty penny also. Lawyers, detailed discussions with NDA-signing representatives (people in the know)... We shareholders (still in the dark) will see the final bill for these 'preparations' in the annual accounts at some point, no doubt. Cart before horse surely? (Ass about face is another term...) Ask Tern shareholders at an EGM if they support a Tern/Piri deal on this 20% condition, Y/N If yes THEN incur your full month of costs preparing a deal. Tern have gone into this adventure, too deep, too soon, without a nod from us. Let's hope for more clarity with this SCHEME document (by end of month)
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26/6/2022
11:24		skidaddle: Living beyond one's means used to be called living on tick. The idea that you never pay out but rather up your borrowing. Sound familiar? Because it's the actual business model of Tern over the years, where the proposed business model with exits continues to be circumvented ad infinitum while the dilution continues ad nauseam . This deal benefits Pires shareholders and the Tern management, some of whom are virtually redundant without it. I see little of merit for Tern shareholders for the 20% that we give away as this deal stands, riddled as it is with all the vagaries contained within the proposal text. Time for some tough business decision making from Mr Sisto. As I said before, it's no longer about what Mr Sisto wants, rather it's what Tern shareholders need to see. A decent financial gain for once. No Tern VERIFIABLE shareholder benefit, no deal imho.
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24/6/2022
18:05		dave444: The good news is the deal goes through or TERN walk away!TERN price springs to 20p PIRI falls back
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