Tern PLC (TERN) 
Tern PLC: Holdings in Company 
 
06-Nov-2019 / 07:00 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. 
 
TR-1: Standard form for notification of major holdings 
 
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the 
relevant issuer and to the FCA in Microsoft Word format 
if possible)i 
 
1a. Identity of the issuer                Tern PLC 
or the underlying issuer 
of existing shares to 
which voting rights are 
attachedii: 
1b. Please indicate if the issuer is a non-UK issuer 
(please mark with an "X" if appropriate) 
Non-UK issuer 
2. Reason for the notification (please mark the 
appropriate box or boxes with an "X") 
An acquisition or disposal of voting rights               X 
An acquisition or disposal of financial 
instruments 
An event changing the breakdown of voting rights 
Other (please specify) iii: Dilution from issue           X 
of new ordinary shares 
3. Details of person subject to the notification 
obligationiv 
Name                         Mr John Mahtani 
City and country of 
registered office (if 
applicable) 
4. Full name of shareholder(s) (if different from 3.)v 
Name 
City and country of 
registered office (if 
applicable) 
5. Date on which the         4/11/2019 
threshold was crossed or 
reachedvi: 
6. Date on which issuer      5/11/2019 
notified (DD/MM/YYYY): 
7. Total positions of person(s) subject to the 
notification obligation 
             % of      % of voting     Total  Total number of 
            voting   rights through   of both voting rights of 
            rights      financial      in %   issuervii 
            attache    instruments    (8.A + 
             d to    (total of 8.B 1   8.B) 
            shares      + 8.B 2) 
            (total 
             of 8. 
              A) 
Resulting   5.18                      5.18 
situation 
on the date 
on which 
threshold                                     270,019,045 
was crossed 
or reached 
 
Position of 6.97                      6.97 
previous 
notificatio 
n (if 
 
applicable) 
 
8. Notified details of the resulting situation on the date 
on which the threshold was crossed or reachedviii 
A: Voting rights attached to shares 
Class/type  Number of voting rightsix            % of voting 
of                                               rights 
shares 
 
ISIN code 
(if 
possible) 
           Direct          Indirect          Direct      Indirect 
 
         (Art 9 of        (Art 10 of        (Art 9 of    (Art 10 
         Directive         Directive        Directive       of 
        2004/109/EC)     2004/109/EC)     2004/109/EC)   Directiv 
          (DTR5.1)        (DTR5.2.1)        (DTR5.1)        e 
                                                         2004/109 
                                                           /EC) 
                                                         (DTR5.2. 
                                                            1) 
1                                                5.18 
 
            14,000,000 
 
SUBTOTAL                                                5.18 
8. A 
 
            14,000,000 
 
B 1: Financial Instruments according to Art. 13(1)(a) of 
Directive 2004/109/EC (DTR5.3.1.1 (a)) 
Type of     Expiration Exercise/         Number of voting         % 
financial   datex      Conversion        rights that may be       of 
instrument             Periodxi          acquired if the          vo 
                                         instrument is            ti 
                                                                  ng 
                                                                  ri 
                                                                  gh 
                                         exercised/converted.     ts 
n/a 
 
                       SUBTOTAL 8. B 1 
 
B 2: Financial Instruments with similar economic effect 
according to Art. 13(1)(b) of Directive 2004/109/EC 
(DTR5.3.1.1 (b)) 
Type  Expiration       Exercise/   Physical or cash      Number   % 
of    datex            Conversion                        of       of 
finan                  Period xi                         voting   vo 
cial                                                     rights   ti 
instr                              settlementxii                  ng 
ument                                                             ri 
                                                                  gh 
                                                                  ts 
n/a 
 
                                   SUBTOTAL 8.B.2 
 
9. Information in relation to the person subject to the 
notification obligation (please mark the 
 
applicable box with an "X") 
Person subject to the notification obligation           X 
is not controlled by any natural person or 
legal entity and does not control any other 
undertaking(s) holding directly or indirectly 
an interest in the (underlying) issuerxiii 
Full chain of controlled undertakings through 
which the voting rights and/or the 
financial instruments are effectively held 
starting with the ultimate controlling 
natural person or legal entityxiv (please add 
additional rows as necessary) 
  Namexv    % of voting   % of    Total of both if it equals or 
             rights if   voting   is higher than the notifiable 
             it equals   rights             threshold 
               or is    through 
            higher than financia 
                the        l 
            notifiable  instrume 
             threshold   nts if 
                           it 
                         equals 
                         or is 
                         higher 
                        than the 
                        notifiab 
                           le 
                        threshol 
                           d 
n/a 
 
10. In case of proxy voting, please identify: 
Name of the proxy 
holder 
The number and % of 
voting rights held 
The date until which 
the voting rights will 
be held 
 
11. Additional informationxvi 
n/a 
 
Place of completion London 
Date of completion  5/11/19 
 
ISIN:          GB00BFPMV798 
Category Code: HOL 
TIDM:          TERN 
LEI Code:      2138005F87SODHL9CQ36 
Sequence No.:  27341 
EQS News ID:   905439 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

November 06, 2019 02:00 ET (07:00 GMT)

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