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Tern PLC: Update on Device Authority loan

5th Apr 2018 10:00

Tern PLC (TERN) Tern PLC: Update on Device Authority loan 05-Apr-2018 / 09:58 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.


5 April 2018

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

Update on Device Authority loan

Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), confirms that the maturity date of the first convertible secured loan provided to Device Authority ("DA") by its shareholders, as announced on 30 November 2017, has been extended from 31 March 2018 to 30 June 2018 to bring it in line with the subsequent loan facility announced on 28 December 2017.

Enquiries

Tern PlcAl Sisto/Sarah Payne

via Redleaf Communications

WH Ireland(NOMAD and joint broker)Mike Coe/Ed Allsopp

Tel: 0117 945 3470

Whitman Howard(Joint broker)Nick Lovering/Francis North

Tel: 020 7659 1234

Redleaf CommunicationsElisabeth Cowell/Fiona Norman

Tel: 020 3757 6880

 


ISIN:GB00BFPMV798
Category Code:MSCH
TIDM:TERN
LEI Code:2138005F87SODHL9CQ36
Sequence No.:5367
 
End of AnnouncementEQS News Service

671639 05-Apr-2018 

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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