Tern PLC, a company whose main country of operation is the United Kingdom and which is incorporated in England (Registration Number: 5131386), is an investment and advisory business listed on AIM. The information disclosed in this section is in accordance with Rule 26 of the AIM Rules for Companies and was last updated on 4th June 2019.
Tern PLC seeks to target established software businesses with revenue and Intellectual Property to invest in and either:
25 April 2019
Nominated Adviser and Broker
Allenby Capital Limited, 5 St. Helen's Place, London, EC3A 6AB
Whitman Howard, 1 Mount Street, London, W1K 3NB
Newgate Communications, Sky Light City Tower, 50 Basinghall Street, London, EC2V 5DE
Share Registrars Ltd, The Courtyard, 17 West Street, Farnham, Surrey, GU9 7DR
Grant Thornton LLC, Melton Street, London, NW1 2EP
Reed Smith, The Broadgate Tower, 20 Primrose Street, London, EC2A 2RS
Please contact Tern's financial PR agency, Newgate Communications in the first instance.
The Directors have been advised that Tern PLC is subject to the UK City Code on Takeovers and Mergers. The Board recognises the value and importance of high standards of corporate governance. Accordingly, the Board has adopted the Corporate Governance Code 2018 (“the Code”) published by the Quoted Company Alliance (“QCA”). For further details, please see the link below.
For more information, please contact us.
Click here for further information on Corporate Governance. Updated 4 June 2019.
View our board of directors here.
The Board comprises three 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.
Please see below for all admissions and circulars:
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