Business
Tern Plc : Statement re Device Authority Fundra...
Tern Plc : Statement re Device Authority Fundra....
About this update from Tern Plc
[{"type":"text","content":"\n Tern Plc : Statement re Device Authority Fundraising Update1 February 2018Tern Plc (AIM: TERN)Device Authority Fundraising UpdateTern Plc (AIM: TERN), the investment company specialising in the Internet of Things (\"IoT\"), wishes to provide clarification regarding the Device Authority fundraise. The Board would like to highlight that the 120-day period for the DA fundraising, disclosed in the announcement released on 29 September 2017, ends on 22 February 2018. Previously the end date had not been given and we hope that this announcement clarifies the timeframe. However, it is important to note that the agreement automatically renews on a monthly basis. The fundraise has continued to receive positive interest and the Board does not expect to make any further announcements in relation to the DA fundraising until the fundraising closes.Enquiries Tern PlcAl Sisto/Sarah Payne via Redleaf Communications 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 CommunicationsElisabeth 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\n \n ","length":3436,"tagName":"div"}]