Tern PLC: Result of Annual General Meeting

25 April 2019  Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), announces that at the Annual General Meeting of the Company held this morning, all resolutions were passed by shareholders on a show of hands. The proxy votes received from shareholders on each resolution are set out below. 

Resolutions	Votes for*	%	Votes against	%	Votes total	Votes withheld**
Resolution 1	18,743,509	100.0%	0	0.0%	18,743,509	317,253
Resolution 2	18,743,509	100.0%	0	0.0%	18,743,509	317,253
Resolution 3	18,268,259	95.9%	787,595	4.1%	19,055,854	4,908
Resolution 4	18,389,493	96.5%	666,361	3.5%	19,055,854	4,908
Resolution 5	18,371,237	99.2%	139,208	0.8%	18,510,445	550,317
Resolution 6	18,436,509	99.6%	74,670	0.4%	18,511,179	549,583
Resolution 7	18,692,645	99.7%	49,311	0.3%	18,741,956	318,806

 *Includes those votes giving the Chairman discretion**A vote "withheld" is not a vote in law and is not counted towards the votes cast "for" or "against" a resolution Enquiries

Tern Plc Al Sisto/Sarah Payne	via Newgate Communications
Allenby Capital (Nomad and joint broker) David Worlidge/Alex Brearley	Tel: 020 3328 5656
Whitman Howard (Joint broker) Nick Lovering/Christopher Furness	Tel: 020 7659 1234
Newgate Communications Elisabeth Cowell/Fiona Norman	Tel: 020 3757 6880