0.33 (11.30%) Bid: 3.00  Offer: 3.50 Last updated 11/12/2017 08:53 AM

Tern (TERN)

Sector: Technology |

Tern Plc is an investment company specialising in Internet of Things (IoT). The Company seeks to acquire or invest in companies, which have proven technology, a commercial track record, that can be grown substantially over a three-year period to maximise shareholder value.

c£0.3m Equity Offer

The Company has announced a fundraise at a subscription price of 6.6p per Ordinary Share. This represents a discount of approx. 22% to the closing mid price on Thursday 10 August, 2017.

The Offer will be open until 5.00 p.m. on Sunday 13 August, but may be closed earlier if oversubscribed. The Fundraise is on the same terms for individual investors and institutions.  

To subscribe to the offer online, please login or register below and pay for your subscription with a debit card.

Individual Investors

  • Individual investors, investing under £100,000
  • Allocated on a "first come first served" basis
  • The Offer will be open until 5.00 pm on Sunday 13 August, but may close early, if the Offer is oversubscribed.

Existing users

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Institutional Investors

  • All Institutional investors (eligible counterparties)
  • Any individual investor, investing over £100,000

Please call our sales team on:

Tel: 020 7491 6519