Tern plc ( (GB:TERN) ) just unveiled an announcement.
Tern PLC has invested £175,000 in Sure Ventures PLC, acquiring approximately 2.7% of the company. This strategic investment is expected to offer Tern exposure to a diverse portfolio of specialist technology businesses, enhancing its relationship with Sure Ventures’ holdings and potentially providing income from portfolio exits.
More about Tern plc
Tern PLC is an investment company that specializes in supporting high-growth, early-stage, disruptive Internet of Things (IoT) technology businesses.
Average Trading Volume: 3,687,597
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £7.35M
For a thorough assessment of TERN stock, go to TipRanks’ Stock Analysis page.