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  2. Share Prices
  3. Tern Share Price
  4. Tern Share Regulatory News
  5. Tern PLC: Director/PDMR Dealing

Pin to quick picksTern Regulatory News (TERN)

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Market Cap: £10.27m
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Tern PLC: Director/PDMR Dealing

8 Aug 2018 07:00

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: 0117 945 3470

 

Whitman Howard

(Joint broker)

Nick Lovering/Christopher Furness

 

Tel: 020 7659 1234

 

Redleaf Communications

Elisabeth Cowell/Fiona Norman

 

Tel: 020 3757 6880

 

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

UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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