Tern PLC Device Authority convertible loan note extension (8250E)
04 Juli 2023 - 8:00AM
UK Regulatory
TIDMTERN
RNS Number : 8250E
Tern PLC
04 July 2023
4 July 2023
Tern Plc
("Tern" or the "Company")
Device Authority convertible loan note extension
Tern Plc (AIM:TERN), the investment company specialising in
supporting high growth, early-stage, disruptive Internet of Things
("IoT") technology businesses, announces that the maturity date of
the Device Authority Limited ("Device Authority") Convertible
Notes, as announced on 28 October 2022, has been extended to 31
December 2023 from 30 June 2023. Tern currently owns 53.8% of the
Device Authority equity.
Capitalised terms used in this announcement shall, unless
defined in this announcement or unless the context provides
otherwise, bear the same meaning ascribed to such terms in the
announcement made by the Company at 7.45 a.m. on 28 October
2022.
Enquiries
Tern Plc via IFC Advisory
Ian Ritchie (Chairman)
Sarah Payne (CFO)
Allenby Capital Limited Tel: 0203 328 5656
(Nominated Adviser and Broker)
Alex Brearley / Dan Dearden-Williams
(Corporate Finance)
Matt Butlin / Kelly Gardiner (Sales
and Corporate Broking)
IFC Advisory Tel: 0203 934 6630
(Financial PR and IR) tern@investor-focus.co.uk
Tim Metcalfe
Graham Herring
Florence Chandler
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCBRGDRGDGDGXX
(END) Dow Jones Newswires
July 04, 2023 02:00 ET (06:00 GMT)
Tern (LSE:TERN)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Tern (LSE:TERN)
Historical Stock Chart
Von Mai 2023 bis Mai 2024