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Tern plc ( (GB:TERN) ) has shared an update.
Tern plc has announced its Annual General Meeting (AGM) scheduled for June 30, 2025, where several key resolutions will be proposed, including the issuance of new ordinary shares and share buy-backs. The company emphasizes the importance of these resolutions for maintaining financial stability and strategic flexibility, particularly in securing and maximizing the value of its portfolio investments. Additionally, Ian Ritchie, the Non-Executive Chairman, will retire, with Jane McCracken set to assume the role of Chair on an interim basis.
More about Tern plc
Tern plc is a company focused on value creation from Internet of Things (IoT) technology businesses.
Average Trading Volume: 3,008,129
Technical Sentiment Signal: Hold
Current Market Cap: £11.42M
Find detailed analytics on TERN stock on TipRanks’ Stock Analysis page.