Tern Plc : Director/PDMR Shareholding

23 February 2015

Tern Plc

(AIM: TERN)

Director's dealings

Tern Plc (AIM:TERN), the investment company specialising in the cloud and mobile sectors, announces that it was advised on 23 February 2015 that Michael Clark's SIPP transferred 500,000 Tern Ordinary Shares of 0.02p each to his wife's ISA.  The following is a summary of the transactions and shareholdings.

Name	Holding of Ords of 0.02p	Bought	Sold	Balance after dealing
Mr Clark	3,216,289		500,000	2,716,289
Mrs Clark	1,000,000	500,000		1,500,000

There is no net change in Michael Clark's beneficial interest following the two transactions which is deemed to include that of his wife.

Enquiries:

Tern plc	Tel: [phone]
Angus Forrest
WH Ireland NOMAD and Broker	Tel: [phone]
John Wakefield
Peterhouse Corporate Finance (Joint broker)	Tel: [phone]
Lucy Williams / Duncan Vasey
Redleaf Polhill	Tel: [phone]
Charlie Geller	[e-mail]

About Tern:

Tern Plc acquires and invests in privately owned companies with self-owned IP, established products and customer bases. Its investment strategy is focused on taking an active role in its investee companies in order to improve the business model, accelerate growth, expand the business globally, and identify exit opportunities.

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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Tern Plc via Globenewswire

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