Tern PLC Director/PDMR Shareholding
01 November 2024 - 6:00PM
RNS Regulatory News
RNS Number : 5041K
Tern PLC
01 November 2024
1 November 2024
Tern Plc
(the
"Company")
Director / PDMR
Shareholding
Tern Plc (AIM:TERN), the
investment company specialising in supporting high growth,
early-stage, disruptive Internet of Things ("IoT") technology
businesses, announces that it was
yesterday informed that Iain Ross, a Non-Executive Director of the
Company has purchased 1,100,000 ordinary shares at a price of 1.38
pence per ordinary share. Following this purchase, Iain Ross now
holds 1,100,000 ordinary shares, being approximately 0.22% of the
Company's total voting rights.
The notifications below, made in
accordance with the requirements of the EU Market Abuse Regulation
(2014/596/EU) as it forms part of United Kingdom domestic law by
virtue of the European Union (Withdrawal) Act 2018 and as modified
by or under the European Union (Withdrawal) Act 2018 or other
domestic law, provide further detail.
Enquiries
|
Tern Plc
Ian Ritchie (Chairman)
|
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
|
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
1. Iain Ross
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
1. Non-Executive 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
|
Ordinary shares of 0.02p each
|
|
|
Identification code
|
GB00BFPMV798
|
|
b)
|
Nature of the transaction
|
Acquisition of ordinary shares
|
|
c)
|
Price(s) and volumes(s)
|
Price(s)
|
Volume(s)
|
|
1. 1.38 pence
|
1. 1,100,000
|
|
d)
|
Aggregated information
|
|
|
|
Aggregated volume
|
N/A
|
|
|
Price
|
£15,180
|
|
e)
|
Date of the transaction
|
31
October 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
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END
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