Director/PDMR Dealing

Tern PLC (TERN) Tern PLC: Director/PDMR Dealing 08-Aug-2018 / 07:00 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. 8 August 2018 Tern Plc (the "Company") Director/PDMR Dealing   Tern Plc (AIM:TERN), the investment company specialising in the IoT ("Internet of Things"), announces it has been informed of the following share purchases of, and transactions in, the ordinary shares of the Company ("Ordinary Shares") by certain directors.   Ian Ritchie, Chairman, via his SIPP, purchased 100,000 ordinary shares at 16.56 pence per Ordinary Share.   Albert Sisto, CEO, purchased 100,000 shares at 19.40 pence per share.   Following the above transactions, Albert Sisto is interested in 9,683,333 Ordinary Shares representing 4.1 per cent. of the Company's issued share capital.  Ian Ritchie is interested in 677,000 Ordinary Shares representing 0.3 per cent. of the Company's issued share capital.   This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.   The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on shares acquired.   1   Details of the person discharging managerial responsibilities / person closely associated   a)   Name Ian Ritchie 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 b)   LEI 2138005F87SODHL9CQ36 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 0.02 pence in Tern Plc   GB00BFPMV798 b)   Nature of the transaction     Purchase of shares c)   Price(s) and volume(s)   Price(s)   Volume(s) 16.56 pence 100,000     d)   Aggregated information     - Aggregated volume     - Price           100,000     £16,560   e)   Date(s) of the transaction     6 August 2018 f)   Place of the transaction     London Stock Exchange, AIM     1   Details of the person discharging managerial responsibilities / person closely associated   a)   Name Albert Sisto 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 b)   LEI 2138005F87SODHL9CQ36 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 0.02 pence in Tern Plc   GB00BFPMV798 b)   Nature of the transaction     Purchase of shares c)   Price(s) and volume(s)   Price(s)   Volume(s) 19.40 pence 100,000     d)   Aggregated information     - Aggregated volume     - Price           100,000     £19,400   e)   Date(s) of the transaction     7 August 2018 f)   Place of the transaction     London Stock Exchange, AIM   Enquiries:    Tern Plc Al Sisto/Sarah Payne via Redleaf   WH Ireland (NOMAD and joint broker) Mike Coe/Ed Allsopp   Tel: [phone]   Whitman Howard (Joint broker) Nick Lovering/Christopher Furness   Tel: [phone]   Redleaf Communications Elisabeth Cowell/Fiona Norman   Tel: [phone] Â

ISIN:	GB00BFPMV798
Category Code:	MSCM
TIDM:	TERN
LEI Code:	2138005F87SODHL9CQ36
Sequence No.:	5844
EQS News ID:	711751

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End of Announcement	EQS News Service