TERN PLC

Regulatory Filings • Mar 13, 2018

National Storage Mechanism | Additional information

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Tern PLC (TERN)

Tern PLC: Update on DA Strategic Partnership

13-March-2018 / 07:00 GMT/BST

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

The issuer is solely responsible for the content of this announcement.

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13 March 2018

Tern Plc (the "Company", or the "Group")

Update on Strategic Partnership

Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things ("IoT"), announces that Device Authority ("DA"), the IoT security business in which Tern has a 56.8% shareholding, has today confirmed that Larsen & Toubro Infotech Limited ("LTI") is the party with whom DA entered into a strategic partnership and which was referred to in Tern's Portfolio Update announcement of 24 January 2018.

LTI (NSE:LTI) is a global technology consulting and digital solutions company with over 250 clients, for which DA will provide security solutions for LTI enterprise customers, pivoting towards IoT.

To view the DA announcement, please follow this link: http://info.deviceauthority.com/lti-strategic-partnership

Tern CEO, Al Sisto said:

"We are pleased to finally reveal the identity of DA's strategic partner, which represents a significant digital solutions player. DA's KeyScaler product continues to gain traction with blue chip brands due to its ability to deliver trust, control and compliance for Chief Information Security Officers."

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Enquiries

Tern Plc Al 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 Communications Elisabeth Cowell/Fiona Norman	Tel: 020 3757 6880

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ISIN:	GB00BFPMV798
Category Code:	MSCH
TIDM:	TERN
Sequence No.:	5290

End of Announcement	EQS News Service

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663093  13-March-2018