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Wednesday, 10 January 2018

Tern Plc : Directorate change

     

Published: 10:30 CET 10-01-2018 /GlobeNewswire /Source: Tern Plc / : TERN /ISIN: GB00BFPMV798

Tern Plc : Directorate change

10 January 2018

 

Tern Plc (the "Company")

Director Change

 

Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), announces that Richard (Rich) Turner, Executive Director, will step down from the Board, effective 15 January 2018, having been offered a new opportunity in the cyber security arena . Richard will remain as an advisor to the Company. 

 

The Board will begin the process of recruiting Richard's replacement and will make a further announcement in due course.

 

Al Sisto, CEO, commented: "On behalf of the Directors, I would like to express my thanks to Rich for his contribution to the Company since joining the Board and look forward to his continued support as an advisor to the Company. We wish him every success in his new role."

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

 

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/Francis North

 

Tel: 020 7659 1234

 

Redleaf Communications

Elisabeth Cowell/ Fiona Norman/ Alina Haritonova

 

Tel: 020 7382 4730

 

 

 





This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Tern Plc, 20 Eastbourne Terrace, London W2 6LG, UK
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