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 on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Tern Plc via Globenewswire

Tern plc published this content on 10 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 January 2018 09:39:02 UTC.

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