TERN PLC

Regulatory Filings • Apr 1, 2019

01-Apr-2019 / 07:00 GMT/BST

Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

1 April 2019

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

New commercial order for InVMA

Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to announce that its por&olio company, InVMA Limited ("InVMA"),a leading PTC IoT partner and ThingWorx System Integrator, has secured an ini-al order worth £250,000 to InVMA, to provide services to aleading Aerospace and Defence organisa-on, through its partners DXC, Dell and ECA Services.

InVMA and its partners will work together to enable an innova-ve Smart Factory implementa-on, combining informa-on technology and opera-onal technology to increase visibilityand drive improvements to the customer's manufacturing qualityand efficiency.

InVMA Chairman and Tern director, Bruce Leith, said, "This is a significant new order for InVMA, u-lising its strategic partner network. We believe that this project has the poten-al to transform the way in which this leading Aerospace and Defence organisa-on works. This project takes full advantage of InVMA's informa-on technology / opera-onal technology convergence capabili-es, and provides an opportunity to iden-fy, build and wrap features for their products."

Thisannouncement contains inside informa-on for the purposes of Ar-cle 7 ofEU Regula-on 596/2014.

**ENDS**

Enquiries

Via Newgate Communica-ons

Tern plc Al Sisto, CEO Sarah Payne,Finance Director

Tel: 0203 328 5656

Allenby Capital Limited (Nomad and Joint broker) David Worlidge/Alex Brearley

Tel: 020 7659 1234

Whitman Howard (Joint broker) Nick Lovering/ChristopherFurness

Newgate Communica+ons PR Elisabeth Cowell/Fiona Norman Tel: 020 3757 6880

ISIN: GB00BFPMV798 Category Code:MSCM TIDM: TERN LEICode: 2138005F87SODHL9CQ36 Sequence No.: 8016 EQS News ID: 793939

End ofAnnouncementEQS News Service