| Tern PLC (TERN)
Tern PLC: Result of Annual General Meeting
08-Jun-2020 / 16:02 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
8 June 2020
Tern Plc (the "Company", or the "Group")
Result of Annual General Meeting
Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), announces that at the Annual General Meeting of the Company held earlier today all resolutions were passed. A poll was held for each resolution and the proxy votes received from shareholders on each resolution are set out below.
| Resolution |
Votes for* |
% |
Votes against |
% |
Votes total |
Votes withheld** |
| Resolution 1 |
26,411,094 |
93.6% |
1,797,156 |
6.4% |
28,208,250 |
22,706 |
| Resolution 2 |
28,181,376 |
99.9% |
22,706 |
0.1% |
28,204,082 |
26,874 |
| Resolution 3 |
26,074,967 |
92.4% |
2,155,989 |
7.6% |
28,230,956 |
0 |
| Resolution 4 |
28,054,314 |
99.4% |
176,642 |
0.6% |
28,230,956 |
0 |
| Resolution 5 |
25,158,399 |
92.6% |
2,000,672 |
7.4% |
27,159,071 |
1,071,885 |
| Resolution 6 |
25,158,399 |
92.6% |
2,000,672 |
7.4% |
27,159,071 |
1,071,885 |
| Resolution 7 |
28,203,832 |
99.9% |
27,124 |
0.1% |
28,230,956 |
0 |
*Includes those votes giving the Chairman discretion
**A vote "withheld" is not a vote in law and is not counted towards the votes cast "for" or "against" a resolution
Enquiries
| Tern Plc Al Sisto/Sarah Payne |
via Newgate Communications |
| Allenby Capital (Nomad and joint broker) David Worlidge/Alex Brearley |
Tel: 020 3328 5656 |
| Whitman Howard (Joint broker) Nick Lovering/Christopher Furness |
Tel: 020 7659 1234 |
| Newgate Communications Elisabeth Cowell/ Megan Kovach |
Tel: 020 3757 6880 |
|