Loan Repayment

Summary by AI BETAClose X

Tern Plc has fully repaid the outstanding principal and accrued interest of £125,957.26 under its loan facility agreement, meaning no amounts are now outstanding. This repayment resolves the loan originally announced on 12 June 2023 and subsequently varied.

Disclaimer*

Tern PLC
03 August 2026
 

3 August 2026

 

Tern Plc

 

("Tern" or the "Company")

 

Loan Repayment

 

Tern Plc (AIM:TERN), the investment company specialising in supporting high growth, early-stage, disruptive Internet of Things ("IoT") technology businesses, announces that it has repaid the £125,957.26 outstanding principal and accrued interest due under the loan facility agreement originally announced on 12 June 2023 and subsequently varied, most recently on 5 March 2026 (the "Loan").  Following this repayment there are no amounts outstanding under the Loan.

 

Enquiries

 

Tern Plc

Jane McCracken (Interim Non-Executive Chair)

via IFC Advisory

 

Allenby Capital Limited

(Nominated Adviser and Broker)

Alex Brearley / Ashur Joseph (Corporate Finance)

Kelly Gardiner (Sales and Corporate Broking)

 

Tel: 0203 328 5656

 

IFC Advisory

(Financial PR and IR)

Tim Metcalfe

Graham Herring

Florence Staton

 

Tel: 0203 934 6632

 

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Tern (TERN)
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