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Tern PLC: Statement re: Share Price Movement

8th Jun 2018 10:15

Tern PLC (TERN) Tern PLC: Statement re: Share Price Movement 08-Jun-2018 / 10:15 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.


8 June 2018

Tern Plc ("Tern" or the "Company")

Statement re: Share Price Movement

Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), notes the speculation regarding a new product solution between Thales Group and Device Authority ("DA"), the IoT security business in which Tern has a 56.8% holding.

Tern understands that DA is in discussions with Thales Group regarding a new product solution but these discussions are yet to be concluded and no official launch has been made.

Further announcements will be made as and when appropriate.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

**ENDS**

Enquiries

Tern Plc

Via Redleaf Communications

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 3757 6880

Elisabeth Cowell/Fiona Norman

 

 


ISIN:GB00BFPMV798
Category Code:SPM
TIDM:TERN
LEI Code:2138005F87SODHL9CQ36
Sequence No.:5628
EQS News ID:693789
 
End of AnnouncementEQS News Service

UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.


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Tern
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