Tern Plc : Director/PDMR Shareholding

3 April 2017  
Tern Plc 
(AIM: TERN) 

Directors' dealings  

Tern Plc (AIM:TERN), the investment company specialising in Internet of Things, announces that it was advised today that Bruce Leith transferred a total of 190,000 Ordinary Shares of 0.02p each to his wife at nil cost. 

Bruce Leith's beneficial interest including shares owned by his wife following this transaction is 5,957,233 ordinary shares, representing approximately 5.0% of the issued share capital. 

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Bruce Leith

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/ Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tern plc

LEI

N/A

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 0.02p each

GB00BFPMV798

b)

Nature of the transaction

Transfer of shares to wife

c)

Price(s) and volume(s)

Price(s)	Volume(s)
nil	190,000

d)

Aggregated information

• Aggregated volume
• Price

190,000
Nil

e)

Date of the transaction

03 April 2017

f)

Place of the transaction

AIM

Enquiries: 
Tern Plc Al Sisto                                                                                 via Redleaf 

WH Ireland 

(NOMAD and joint broker) 

Mike Coe/Ed Allsopp                                                             Tel: [phone] 

Whitman Howard 

(Joint broker) 

Nick Lovering/Francis North                                                  Tel: [phone] 

Redleaf Communications 

Rebecca Sanders-Hewett/David Ison                                                 Tel: [phone]

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
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