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Tern

  • BY: Andrew Hore |
  • POSTED: 15/12/2014 |

Hargreave Hale has taken a 20% stake in technology investment company Tern.

Hargreave Hale did not own any shares before this purchase. Last month, Tern raised £378,000 at 3p a share. At 4.5p a share, Tern is valued at £1.8m.

Tern is using the cash it raised to finance the growth of data security company Cryptosoft where it acquired a controlling stake earlier this year.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFDecember2014_63.pdf

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