Smart Metering Systems PLC Appointment of new Chief Financial Officer (0129A)
March 21 2017 - 3:01AM
UK Regulatory
TIDMSMS
RNS Number : 0129A
Smart Metering Systems PLC
21 March 2017
Smart Metering Systems plc
("SMS" or "the Company")
Appointment of new Chief Financial Officer
Smart Metering Systems plc (AIM: SMS.L) is pleased to announce
the appointment of David Harris as Chief Financial Officer of the
Company.
Mr Harris, aged 45, is a qualified accountant and was Group
Finance Director of British Polythene Industries plc ("BPI") from
July 2009 until October 2016 which saw the completion of the
recommended offer for BPI from RPC Group plc. During his tenure as
Group Finance Director at BPI, he was involved in a number of major
debt financings, and oversaw an active acquisition and disposal
programme. Mr Harris is member and past-Chairman of the Scottish
Finance Directors Group, a member of the committee of ACCA Scotland
and a member of the Policy Steering Group of the Major Energy Users
Council.
Mr Harris succeeds Glen Murray, who has served as Chief
Financial Officer of SMS since 2011 and who has been an integral
member of the SMS management team through its successful AIM IPO
and the subsequent period of significant growth. Mr Murray is
planning to take up new business opportunities and the planned
succession for the CFO role will see Mr Murray step down from his
formal role with the Board with immediate effect but he will assist
with the transition process for a period of time.
Willie MacDiarmid, Chairman of SMS, commented:
"The Board is delighted to welcome David to SMS, he was
identified as the stand out candidate to succeed Glen and will help
drive the business on its continued growth. I also want to take
this opportunity to thank Glen on behalf of the entire Board for
his significant contribution to SMS over the last 6 years which has
seen the business experience exceptional growth both organically
and through acquisition. Glen's knowledge and experience will be
retained for a period of time to ensure an orderly transition."
For further Information:
Smart Metering Systems
plc 0141 249 3850
Craig McGinn, Company
Secretary
Cenkos Securities 0131 220 6939 / 0207 397
plc 8900
Neil McDonald
Nick Tulloch
Beth McKiernan
Kreab 020 7074 1800
Matthew Jervois
Daniel Holgersson
Other Information
In relation to the appointment of Mr Harris, the Company
confirms that there is no further information to be disclosed under
paragraph (g) of Schedule 2 of the AIM Rules for Companies save as
disclosed below:
Full Name: David William Harris
Age: 45
Current Directorships None
/Partnerships
Directorships / Partnerships EDINBURGH PLASTICS LIMITED
in last 5 years (SC060192)
POLYCROP LIMITED (00370987)
TREVOR JONES LIMITED (SC041189)
PROMOPACK LIMITED (SC079157)
BRITISH POLYTHENE INDUSTRIES
LIMITED (00108191)
ANAPLAST LIMITED (01757494)
BRAMPTON FILMS LIMITED
(02733544)
BRITHENE FILMS LIMITED
(00513001)
CLINGTECH PACKAGING LIMITED
(02158854)
EXCELSIOR PACKAGING LIMITED
(02406369)
JAMES SCOTT & SONS LIMITED
(SC027541)
UK POLYFILM LIMITED (02059609)
CALNAY LIMITED (01513851)
MOORE AND COMPANY (NOTTINGHAM)
LIMITED (00147339)
BPI EMPLOYEES TRUST LIMITED
(03438070)
PLASTI-COVERS LIMITED
(SC062391)
ROLL-A-RAP LIMITED (01258066)
U.K. POLYTHENE LTD. (01727947)
BPI INTERNATIONAL (NO
2) LIMITED (03467631)
KARDON LIMITED (00588804)
VALENTINE MANN & BROWN
LIMITED (00888020)
BRITISH POLYTHENE LIMITED
(00350729)
BPI LIMITED (01734308)
BPI LIMITED PARTNER LIMITED
(SC390442)
PCL RECYCLING LIMITED
(SC114717)
ZEDCOR LIMITED (01310087)
FLEXFILM LIMITED (03379307)
JORDAN PLASTICS LIMITED
(NI009907)
Notes to Editors
About Smart Metering Systems
Established in 1995, Smart Metering Systems plc, headquartered
in Glasgow, connects, owns and operates gas and electricity meters
on behalf of major energy companies. The Company's full end to end
energy management services and consultancy business support large
blue chip companies in the UK, through a network of offices in
Livingston, Cardiff, Cambridge, Bolton, Doncaster, Rugby, and
Normanton.
The Company's services also include infrastructure design,
installation, consultancy and project management services for new
gas, electricity, water and telecoms connections for licenced
energy and telecoms suppliers, end consumers and the UK's licenced
electricity Distribution Network Owners (DNO's).
The Company was admitted to the AIM market in July 2011 and is
now part of the FTSE AIM 50 index. For more information on SMS
please visit the Company's website: www.sms-plc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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