Business
Tern Plc : Completion of CVA
Tern Plc : Completion of CVA.
About this update from Tern Plc
[{"type":"text","content":"\n Tern Plc : Completion of CVA13 January 2014Tern Plc(AIM: TERN)Completion of CVAThe directors of Tern Plc (\"Tern\" or \"the Company\"), the AIM quoted investment company specialising in the cloud and mobile sector of the IT market, are pleased to announce that the Company Voluntary Arrangement (CVA) has been concluded successfully. This is the end of the reorganisation started in August 2013.Tern has already made one investment into Flexiant Limited and is reviewing several other fast growing businesses operating in the cloud and mobile sectors with the expectation of making further investments in the near future.EnquiriesTern plc Tel: 07973 561232Angus Forrest, ChairmanWH Ireland Tel: 0117 945 3471John WakefieldPeterhouse Corporate Finance (Joint broker) Tel. 020 7469 0935Jon Levinson / Lucy WilliamsBishopsgate Communications Tel. 020 7107 1890Maxine Barnes/Nick Rome/Sam AllenThis announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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 GlobenewswireHUG#1754013\n \n ","length":2755,"tagName":"div"}]