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RNS Number : 9983E Smart Metering Systems PLC 16 March 2022
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 15 March 2022 certain
Directors dealt in Ordinary Shares of one penny each ("Ordinary Shares") as
follows:-
Name Date of Transaction(s) Number of shares Price
Tim Mortlock 15/03/2022 Purchase of 13,717 729.0425p
Miriam Greenwood 15/03/2022 1. Sale of 2111 1. 719p
2. Purchase of 2111 2. 720p
Following these transactions Miriam Greenwood has an interest in 25,461
Ordinary Shares, representing 0.019% of the issued share capital of the
Company and Tim Mortlock has an interest in 21,202 Ordinary Shares,
representing 0.016% 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 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 13,717 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)
729.0425p 13,717
d) Aggregated information 13,717 ordinary shares at 729.0425 pence
- Aggregated volume
- Price
e) Date of the transaction 15 March 2022
f) Place of the transaction London Stock Exchange, AIM
d)
Aggregated information
- Aggregated volume
- Price
13,717 ordinary shares at 729.0425 pence
e)
Date of the transaction
15 March 2022
f)
Place of the transaction
London Stock Exchange, AIM
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Miriam Greenwood
2 Reason for notification
a) Position/Status 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 1. ordinary shares of 1 pence
Identification code 2. ordinary shares of 1 pence
SMS
b) Nature of the transaction Sale and re-Purchase of shares to transfer to ISA
c) Price(s) and volume(s) Price(s) Volume(s)
1. 719p 2111
2. 720p 2111
d) Aggregated information 1. 2111 ordinary shares at 719 pence
- Aggregated volume 2. 2111 ordinary shares at 720 pence
- Price
e) Date of the transaction 15 March 2022
f) Place of the transaction London Stock Exchange, AIM
d)
Aggregated information
- Aggregated volume
- Price
1. 2111 ordinary shares at 719 pence
2. 2111 ordinary shares at 720 pence
e)
Date of the transaction
15 March 2022
f)
Place of the transaction
London Stock Exchange, AIM
For further information:
Smart Metering Systems plc 0141 249 3850
Tim Mortlock, Chief Executive Officer
Dilip Kejriwal, Head of Investor Relations
Cenkos 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) is the fully integrated energy
infrastructure company owning and managing meter assets, energy data,
grid-scale batteries and other carbon reduction (CaRe) assets. The Group
manages and optimises these assets through its in-house technology and data
analytical platform "METIS".
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. SMS has
been recognised with the London Stock Exchange's Green Economy Mark every year
since it was introduced in 2019.
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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