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  2. Share Prices
  3. Tern Share Price
  4. Tern Share Regulatory News
  5. Device Authority convertible loan note extension

Pin to quick picksTern Regulatory News (TERN)

Tern Information

Share Price Information for Tern (TERN)

London Stock Exchange
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Share Price: 4.40
Bid: 4.30
Ask: 4.50
Change: 0.20 (4.76%)
Spread: 0.20 (4.651%)
Open: 4.20
High: 4.52
Low: 4.40
Prev. Close: 4.20
TERN Live PriceLast checked at -

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Device Authority convertible loan note extension

4 Jul 2023 07:00

RNS Number : 8250E
Tern PLC
04 July 2023
 

 

4 July 2023

 

Tern Plc

("Tern" or the "Company")

 

Device Authority convertible loan note extension

 

Tern Plc (AIM:TERN), the investment company specialising in supporting high growth, early-stage, disruptive Internet of Things ("IoT") technology businesses, announces that the maturity date of the Device Authority Limited ("Device Authority") Convertible Notes, as announced on 28 October 2022, has been extended to 31 December 2023 from 30 June 2023. Tern currently owns 53.8% of the Device Authority equity.

 

Capitalised terms used in this announcement shall, unless defined in this announcement or unless the context provides otherwise, bear the same meaning ascribed to such terms in the announcement made by the Company at 7.45 a.m. on 28 October 2022.

 

Enquiries

 

Tern Plc

Ian Ritchie (Chairman)

Sarah Payne (CFO)

via IFC Advisory

 

Allenby Capital Limited

(Nominated Adviser and Broker)

Alex Brearley / Dan Dearden-Williams (Corporate Finance)

Matt Butlin / Kelly Gardiner (Sales and Corporate Broking)

 

Tel: 0203 328 5656

 

IFC Advisory

(Financial PR and IR)

Tim Metcalfe

Graham Herring

Florence Chandler

 

Tel: 0203 934 6630

tern@investor-focus.co.uk

 

 

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