5 April 2018
Tern Plc (the "Company", or the "Group")
Update on Device Authority loan
Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), confirms that the maturity date of the first convertible secured loan provided to Device Authority ("DA") by its shareholders, as announced on 30 November 2017, has been extended from 31 March 2018 to 30 June 2018 to bring it in line with the subsequent loan facility announced on 28 December 2017.
Enquiries
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Tern Plc
Al Sisto/Sarah Payne
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via Redleaf Communications
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WH Ireland
(NOMAD and joint broker)
Mike Coe/Ed Allsopp
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Tel: 0117 945 3470
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Whitman Howard
(Joint broker)
Nick Lovering/Francis North
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Tel: 020 7659 1234
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Redleaf Communications
Elisabeth Cowell/Fiona Norman
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Tel: 020 3757 6880
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