AIM Director Disclosure Update

RNS Announcement

RNS Number : 8533T

Tern PLC

29 March 2021

Tern Plc

("Tern" or the "Company")

AIM Director Disclosure Update

Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things ("IoT"), provides the following disclosure in relation to Ian Ritchie, Non-Executive Chairman of Tern, as required by rule 17 and schedule 2, paragraph (g) of the AIM Rules for Companies.

On 23 March 2021, the creditors of The Scottish Council for Development and Industry, a not-for-profit company limited by guarantee of which Ian Ritchie is a director, approved a Company Voluntary Arrangement.

Enquiries

Tern Plc

Al Sisto (CEO)

Sarah Payne (CFO)

via IFC Advisory

Allenby Capital Limited

(Nominated Adviser and Broker)

David Worlidge / Alex Brearley (Corporate Finance)

Matt Butlin / Kelly Gardiner (Sales and Corporate Broking)

Tel: 0203 328 5656

IFC Advisory

(Financial PR and IR)

Tim Metcalfe

Graham Herring

Florence Chandler

Tel: 0203 934 6630

[email protected]

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RNS metadata

Title: AIM Director Disclosure Update
Time: 15:40:52
Date: 29 Mar 2021
Category: Miscellaneous
ID: 8533T