REG - Smart Metering Sys - Director/PDMR Shareholding

Smart Metering SystemsAnnouncement

27/09/2023 15:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230927:nRSa8799Na&default-theme=true

RNS Number : 8799N  Smart Metering Systems PLC  27 September 2023

Smart Metering Systems plc

("SMS" or "the Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY/PERSONS CLOSELY ASSOCIATED

As required by Article 19 Of Regulation (EU) No. 596/2014 on market abuse,
Smart Metering Systems plc (AIM: SMS) announces that on 27 September 2023
certain Directors dealt in Ordinary Shares of one penny each ("Ordinary
Shares"):-

 Name          Date of Transaction(s)  Number of shares            Price
 Tim Mortlock  27/09/2023              Purchase of  8,169 Shares   612p

 

Following these transactions Tim Mortlock has an interest in 66,363 Ordinary
Shares, representing 0.049 % of the issued share capital of the Company.

The notification below provides further detail.

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                                          Tim Mortlock

 2   Reason for notification

 a)  Position/Status                                                               PDMR - Director

 b)  Initial notification/Amendment                                                Initial Notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                                          Smart Metering Systems plc

 b)  LEI                                                                           213800FGOUFSDPE33S71

 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument                   ordinary shares of 1 pence

     Identification code

                                                                                   SMS
 b)  Nature of the transaction                                                     Purchase of shares

 c)  Price(s) and volume(s)                                                        Price(s)  Volume(s)

                                                                             612p      8,169

 d)  Aggregated information

     -       Aggregated volume

     -       Price                                                                 8,169

                                                                                   £49,994.28
 e)  Date of the transaction                                                       27 September  2023

 f)  Place of the transaction                                                      London Stock Exchange, AIM

d)

Aggregated information

-       Aggregated volume

-       Price

 

 

8,169

£49,994.28

e)

Date of the transaction

 

27 September  2023

f)

Place of the transaction

 

London Stock Exchange, AIM

 

 

For further information:

 

 Smart Metering Systems plc                         0141 249 3850
 Craig McGinn, Company Secretary

 Cavendish Securities plc (Nomad and Joint Broker)  0131 220 6939 / 020 7397 8900
 Neil McDonald / Pete Lynch

 Investec Bank plc (Joint Broker)                   020 7597 5970
 Christopher Baird / Henry Reast

 RBC Capital Markets (Joint Broker)                 020 7653 4000
 Matthew Coakes / Evgeni Jordanov

 

 Instinctif Partners (PR Adviser)                                     020 7457 2020
 Tim Linacre / Guy Scarborough / Sarah Hourahane                    SMS@instinctif.com

 

Notes to Editors

 

Smart Metering Systems plc (www.sms-plc.com) installs and manages smart
meters, energy data, grid scale batteries and other carbon reduction assets
("CaRe") to facilitate effective energy management. The Group manages and
optimises these assets through its in-house technology and data analytical
platform.

 

Established in 1995, SMS provides a full end-to-end service, from funding and
installation to management and maintenance, with a highly skilled workforce,
deep engineering expertise and well-established industrial partnerships.

 

SMS is leading the low carbon, smart energy revolution in the UK and is
committed to reducing its own carbon emissions to net zero by 2030. In 2019,
SMS was also awarded the London Stock Exchange Green Economy Mark.

 

SMS plc is headquartered in Glasgow with a national presence across twelve UK
locations.

 

SMS's shares are listed on AIM.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFLFISAAIDFIV