18 September 2014
Tern Plc
("Tern" or the "Company") (AIM: TERN)
Correction Shares in issue
As a result of the placing and conversion announced on 16 September 2014, 10,094,127 new ordinary shares of 0.02 are expected to be admitted to trading on 22 September 2014.
The Board of Tern announces that following the expected admission of the new Ordinary shares of 0.02p on 22 September 2014 the issued share capital will be 22,907,892 Ordinary Shares of 0.02p and each share is entitled to one vote. The Company does not hold any shares in Treasury. The above figure may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules. The total number of shares is a correction to the announcement made on 16 September 2014.
Enquiries:
Tern plc | Tel: 07973 561 232 |
Angus Forrest | |
WH Ireland (NOMAD and Joint Broker) | Tel: 0117 945 3471 |
John Wakefield | |
Peterhouse Corporate Finance (Joint broker) | Tel: 020 7469 0936 |
Lucy Williams / Duncan Vasey | |
Redleaf Polhill | Tel: 020 7382 4769 |
Charlie Geller |
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.