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
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Tern plc published this content on 08 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 June 2020 15:12:02 UTC
Tern Plc is a United Kingdom-based investment company specializing in supporting high growth, early-stage, disruptive Internet of Things (IoT) technology businesses. The Company predominantly supports software companies that develop commercial IoT security, enablement, and analytics solutions for the healthcare and industrial sectors. Its network of companies includes Device Authority Limited, Wyld Networks AB (Wyld Networks), InVMA Limited (trading as Konektio), FVRVS Limited (trading as FundamentalVR), Talking Medicines Limited (Talking Medicines), DiffusionData Limited, and Sure Valley Ventures UK Software Technology Fund (SVV). Device Authority Limited is involved in identity and access management (IAM) for the IoT. FundamentalVR is a virtual reality and data analysis technology platform. Wyld Networks specializes in providing wireless connectivity between IoT sensors and low earth orbit (LEO) satellites with its Wyld Connect solution (a satellite IoT terminal and module).