TERN PLC

Regulatory Filings • Jun 8, 2018

08-Jun-2018 / 10:15 GMT/BST Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

8 June 2018

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

Statement re:Share Price Movement

Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), notes the specula&on regarding a new product solu&on between Thales Group and Device Authority ("DA"), the IoTsecurity business in which Tern hasa 56.8% holding.

Tern understands that DA is in discussions with Thales Group regardinga new product solu&on but these discussionsare yet to be concluded and no official launch has been made.

Furtherannouncements will be made asand when appropriate.

This announcement contains insideinformaon for the purposes of Arcle 7 of EU Regulaon 596/2014

**ENDS**

Enquiries
Tern Plc Al Sisto/Sarah Payne	Via Redleaf Communica&ons
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 Communica)ons Elisabeth Cowell/Fiona Norman	Tel: 020 3757 6880

ISIN: GB00BFPMV798 Category Code:SPM TIDM: TERN LEICode: 2138005F87SODHL9CQ36 Sequence No.: 5628 EQS News ID: 693789

End ofAnnouncementEQS News Service