REG - Smart Metering Sys - Issue of Equity

Smart Metering SystemsAnnouncement

25/05/2022 07:00

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RNS Number : 6758M  Smart Metering Systems PLC  25 May 2022

Smart Metering Systems plc

 

Issue of Equity

 

Smart Metering Systems plc (AIM: SMS.L) confirms that it has issued a total
of 67,609 ordinary shares of 1p each (the "New Ordinary Shares") pursuant to
the exercise of employee share options under the Approved and Unapproved
Company Share Option Plan. The New Ordinary Shares have been admitted to
trading on AIM under the block listing facility announced on 27 May 2015.

Following this issue, the Company confirms that it has 133,389,164 ordinary
shares in issue. SMS does not currently hold any shares in treasury.
Accordingly, this figure of 133,389,164 ordinary shares may be used by
shareholders in the Company as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.

 

 

 

For further information:

 

 Smart Metering Systems plc                       0141 249 3850
 Tim Mortlock, Chief Executive Officer

 Gavin Urwin, Chief Financial Officer
 Dilip Kejriwal, Head of Investor Relations

 Cenkos Securities plc (Joint Broker and Nomad)   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 / Jack Wood

 Instinctif Partners                              sms@instinctif.com (mailto:sms@instinctif.com)
 Tim Linacre / Guy Scarborough / Sarah Hourahane

 

 

Notes to Editors

 

Smart Metering Systems plc (www.sms-plc.com) installs and manages smart
meters, data, grid scale batteries and 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.

 

 

 

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