Smart Metering Systems PLC Issue of Equity (4998U)
November 25 2019 - 2:47AM
UK Regulatory
TIDMSMS
RNS Number : 4998U
Smart Metering Systems PLC
25 November 2019
Smart Metering Systems plc
("SMS" or "the Company")
Issue of Equity
Smart Metering Systems plc (AIM: SMS.L), confirms that it has
issued a total of 106,540 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 has 112,792,143 ordinary
shares in issue. SMS does not currently hold any shares in
treasury. Accordingly, this figure of 112,792,143 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
Alan Foy, Chief Executive
Officer
-------------------------
Craig McGinn, Company Secretary
-------------------------
Cenkos Securities plc (Nomad 0131 220 6939 / 0207 397
and Joint Broker) 8900
-------------------------
Neil McDonald/Peter Lynch
-------------------------
Investec Bank plc (Joint
Broker) 020 7597 5970
-------------------------
Christopher Baird / Henry
Reast
-------------------------
Instinctif Partners 020 7457 2077
-------------------------
Adrian Duffield/Kay Larsen/Chantal
Woolcock
-------------------------
Notes to Editors
SMS plc (www.sms-plc.com) installs smart meters and data loggers
that facilitate effective energy management and a low carbon
future. Established in 1995, SMS provides a full end-to-end service
for metering financing, installation, management and maintenance,
with a highly skilled workforce and deep engineering expertise.
SMS had installed 3.46 million meter and data assets as of 30
June 2019. SMS's smart meter expertise also enables the Company to
provide consultancy services that allow organisations and
corporates to enhance long term efficiency and effectiveness in the
management of energy.
SMS's energy management and asset installation services also
include infrastructure design, installation, consultancy and
project management services for new gas, electricity, water and
telecoms connections for licensed energy and telecoms suppliers,
end consumers and the UK's licensed electricity Distribution
Network Owners (DNOs).
SMS employs in excess of 1,200 people across the UK who support
the installation and ongoing management of metering assets.
SMS plc is headquartered in Glasgow with 12 locations across the
UK.
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 or visit www.rns.com.
END
IOEFEMSWIFUSELF
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