TIDMTERN

Tern PLC

20 May 2020

 
Wyld about IoT 
 Wyld Networks, a Tern investee, has announced a contract to work with the NHS in Scotland 
 to help care homes reduce the spread of COVID-19. Although the deal itself is likely to be 
 relatively small (no financial details are given), we believe that the agreement demonstrates 
 Internet of Things (IoT) in action, in a way and at a time that could gain material public 
 and investor attention. Tern has simultaneously announced the transfer of a GBP1.1m debt from 
 Wyld into a Convertible Loan Note form. 
 

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May 20, 2020 02:31 ET (06:31 GMT)

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