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Tern Plc announced on 3 August 2026 that it repaid the outstanding principal and accrued interest on a loan facility agreement. The repayment amounted to £125,957.26, for a loan facility originally announced on 12 June 2023 and most recently varied on 5 March 2026. Following this repayment, no amounts are outstanding under the Loan.
| Date | 3 Aug 2026 |
| Time | 07:00:09 |
| Category | Miscellaneous |
| ID | 8729O |
3 August 2026
Tern Plc
("Tern" or the "Company")
Loan Repayment
Tern Plc (AIM:TERN), the investment company specialising in supporting high growth, early-stage, disruptive Internet of Things ("IoT") technology businesses, announces that it has repaid the £125,957.26 outstanding principal and accrued interest due under the loan facility agreement originally announced on 12 June 2023 and subsequently varied, most recently on 5 March 2026 (the "Loan"). Following this repayment there are no amounts outstanding under the Loan.
Enquiries
|
Tern Plc Jane McCracken (Interim Non-Executive Chair) |
via IFC Advisory |
|
Allenby Capital Limited (Nominated Adviser and Broker) Alex Brearley / Ashur Joseph (Corporate Finance) Kelly Gardiner (Sales and Corporate Broking) |
Tel: 0203 328 5656 |
|
IFC Advisory (Financial PR and IR) Tim Metcalfe Graham Herring Florence Staton |
Tel: 0203 934 6632 |