Smart Metering Systems PLC Director/PDMR Shareholding (7159G)
March 19 2020 - 3:00AM
UK Regulatory
TIDMSMS
RNS Number : 7159G
Smart Metering Systems PLC
19 March 2020
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.L) announces
that on 17 and 18 March 2020 certain Directors and persons closely
associated with them purchased Ordinary Shares of one penny each
("Ordinary Shares") as follows:-
Name Date Number of shares Purchase Price
of Purchase purchased
Miriam Greenwood 1. 18/03/2020 1. 6 1. 609.8p
2. 18/03/2020 2. 3,281 2. 609.12
-------------------- ----------------- -----------------
Metis Investments 1. 17/03/2020 1. 360,000 1. 606.63p
Limited, declared
as being a person
closely associated
with Alan Foy, who
is a Director and
shareholder of the
Company (being a person
discharging managerial
responsibility) and
Director and shareholder
of Metis Investments
Limited.
2. 18/03/2020 2. 48,615 2. 615.28p
-------------------- ----------------- -----------------
Following these transactions Miriam Greenwood has an interest in
19,948 Ordinary Shares, representing 0.018% of the issued share
capital of the Company and Alan Foy (together with persons closely
associated with him) has an interest in 5,740,608 Ordinary Shares,
representing 5.09% 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 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 1. 6 ordinary shares of 1 pence
instrument, type of instrument 2. 3,281 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)
609.8
p 6
----------
609.12
p 3281
----------
------------------------------------ -------------------------------------
d) Aggregated information 1. 6 ordinary shares at 609.8
* Aggregated volume pence
2. 3281 ordinary shares at
609.12 pence
* Price
------------------------------------ -------------------------------------
e) Date of the transaction 18 March 2020
------------------------------------ -------------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------------ -------------------------------------
1 Details of the person discharging
managerial responsibilities/person
closely associated
a) Name Metis Investments Limited,
declared as being a person
closely associated with Alan
Foy, who is a Director and
shareholder of the Company
(being a person discharging
managerial responsibility)
and Director and shareholder
of Metis Investments Limited.
------------------------------------ -----------------------------------
2 Reason for notification
------------------------------------ -----------------------------------
a) Position/Status Metis Investments Limited,
declared as being a person
closely associated with Alan
Foy, who is a Director and
shareholder of the Company
(being a person discharging
managerial responsibility)
and Director and shareholder
of Metis Investments Limited.
------------------------------------ -----------------------------------
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 1. 360,000 ordinary shares
instrument, type of instrument of 1 pence
2. 48,615 ordinary shares of
Identification code 1 pence
SMS
------------------------------------ -----------------------------------
b) Nature of the transaction Purchase of shares
------------------------------------ -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
606.63
p 360000
----------
615.28p 48615
----------
------------------------------------ -----------------------------------
d) Aggregated information 1. 360,000 ordinary shares
* Aggregated volume at 606.63 pence
2. 48,615 ordinary shares of
615.28 pence
* Price
------------------------------------ -----------------------------------
e) Date of the transaction 1. 17 March 2020
2. 18 March 2020
------------------------------------ -----------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------------ -----------------------------------
For further information:
Smart Metering Systems plc 0141 249 3850
Alan Foy, Chief Executive Officer
Dilip Kejriwal, Head of Investor
Relations
Cenkos Securities plc (Nomad and 0131 220 6939 / 020 7397
Joint Broker) 8900
Neil McDonald / Pete 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 and manages smart meters and
carbon reduction assets ("CaRe") to facilitate effective energy
management. 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 3.73 million meter and data assets under management as
of 31 December 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
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