AIM Rule 26 information

The following information is being disclosed for the purposes of AIM Rule 26.

The information disclosed on this page is in accordance with Rule 26 of the AIM Rules for Companies and was last updated on 21st December 2022.

Shares in issue and shareholders

Tern PLC shares in issue - 388,571,510  ordinary shares of 0.02p and each share is entitled to one vote.

Tern PLC has not applied or agreed, to have any of its securities admitted to trading on any other exchange or trading platform than AIM.

Shareholders with over 3%:

The Company does not hold any Ordinary Shares in Treasury

The number of shares not in public hands is 22,240,897 shares, 5.7%.

This information was updated on 21st December 2022.

There are no restrictions on the transferability of the Company's ordinary shares.

Tern PLC is incorporated in England | Registration No. 5131386 | The United Kingdom is its main country of operation | Registered Office: 27/28 Eastcastle Street, London W1W 8DH.

Advisers

Nominated Adviser and Broker
Allenby Capital Limited, 5 St. Helen's Place, London, EC3A 6AB

Financial PR
IFC Advisory, Birchin Court, 20 Birchin Lane, London, EC3V 9DU

Company Registrar
Share Registrars Ltd, The Courtyard, 17 West Street, Farnham, Surrey, GU9 7DR

Auditors
Evelyn Partners LLP, 45 Gresham Street, London, EC2V 7BG

Corporate Lawyers
Reed Smith, The Broadgate Tower, 20 Primrose Street, London, EC2A 2RS

Investor contacts

Please contact Tern's financial PR agency, IFC Advisory in the first instance.

Directors & responsibilities

View our board of directors here.

The Board comprises four Executive Directors and two Non-Executive Directors. The Board manages the Company's affairs according to the schedule of matters reserved for its decision, including the approval of financial statements, acquisitions and disposals, authority levels for expenditure, and reviews of monthly and other management reports.

The Company holds board meetings periodically as issues arise which require the attention of the Board. The Board is responsible for the management of the business of the company, setting its strategic direction and establishing policy. It is the Board’s responsibility to oversee and monitor the financial position, the business and the affairs of the Company on behalf of the shareholders, to whom the Directors are accountable.

The Audit Committee and the Remuneration Committee both comprise Ian Ritchie and Alan Howarth and are both chaired by Alan Howarth.

Download here the results of the voting at Tern plc’s Annual General Meeting (AGM) held on Wednesday 27 April 2022, at The Broadgate Tower, 20 Primrose Street, London EC2A 2RS.

Admission documents and circulars

Please see below for all admissions and circulars:

29.06.22 Tern Circular
17.05.21 Tern Circular
15.10.13 Tern Circular
31.07.13 R2710 SLME Circular
16.11.12 Silvermere Notice of General Meeting
02.08.11 Silvermere Admission Document 
01.03.10 Core Circular March 2010 
01.03.06 The Core Business plc Admission Document