Tern Plc : Director/PDMR Shareholding

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

Director's Dealings

Tern Plc (AIM:TERN), the investment company specialising in the cloud and mobile sectors, reports that Al Sisto, a director of the Company, today has transferred 3,000,000 Tern Plc ordinary shares of 0.02pence in Tern plc, from Albert E Sisto Trust (Trust) to Carran LP for no consideration.

Mr Sisto controls the Trust and Carran LP, there has been no change in beneficial interest as a result of the transfer.

Enquiries:

Tern plc

Angus Forrest                                                                                                   Tel: [phone]

WH Ireland NOMAD and Broker

John Wakefield                                                                                                Tel: [phone]

Peterhouse Corporate Finance (Joint broker)

Lucy Williams / Duncan Vasey                                                              Tel. [phone]

About Tern:

Tern Plc acquires and invests in privately owned companies with established products incorporating IP 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

HUG#1957622