Smart Metering Systems PLC Domestic Smart Meter Contract Extension (9343E)
February 15 2018 - 2:00AM
UK Regulatory
TIDMSMS
RNS Number : 9343E
Smart Metering Systems PLC
15 February 2018
This includes inside information
Smart Metering Systems plc
("SMS" or the "Company")
Domestic smart meter contract extension
Smart Metering Systems plc (AIM: SMS.L) ("SMS"), the integrated
metering services company that connects, owns, operates and
maintains current generation and new advanced metering assets and
databases, is pleased to announce that it has signed an agreement
with First Utility to supplement its existing contractual
arrangements announced in June 2016.
The increased commitment is to provide in excess of 220,000 new
meters during 2018 and starts immediately.
SMS will provide domestic smart meters as part of the UK
Government programme, overseen by the Department of Business Energy
and Industrial Strategy, requiring domestic energy supply companies
to provide all of their customers with a smart meter in homes and
small businesses across the UK by 2020.
Alan Foy, Chief Executive Officer, commented:
"Our extended commitment from First Utility is evidence of our
strong track record for customer service delivery, asset ownership
and management with a major energy supplier's smart meter roll out
programme. The arrangements to add these assets into the growing
portfolio of SMS owned meter assets shows our strategy continues to
deliver for our customers, our shareholders and our employees".
Smart Metering Systems
plc 0141 249 3850
Alan Foy, Chief Executive
Officer
David Thompson, Chief
Financial Officer
Craig McGinn, Company
Secretary
Cenkos Securities 0131 220 6939 /
plc 0207 397 8900
Neil McDonald
Beth McKiernan
Kreab 020 7074 1800
Matthew Jervois
Daniel Holgersson
Notes to Editors
About Smart Metering Systems Plc
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
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
AGRGMGMZLDVGRZM
(END) Dow Jones Newswires
February 15, 2018 02:00 ET (07:00 GMT)
Smart Metering Systems (LSE:SMS)
Historical Stock Chart
From May 2024 to Jun 2024
Smart Metering Systems (LSE:SMS)
Historical Stock Chart
From Jun 2023 to Jun 2024