Smart Metering Systems PLC Issue of Equity SCRIP Dividend (2473D)
October 27 2020 - 3:00AM
UK Regulatory
TIDMSMS
RNS Number : 2473D
Smart Metering Systems PLC
27 October 2020
Smart Metering Systems plc
("SMS" or "the Company")
Issue of Equity for SCRIP Dividend
Further to the announcement on 8 October 2020 which confirmed
the SCRIP dividend reference price of 634.6 pence, Smart Metering
Systems plc (AIM: SMS.L) announces that a total of 416 new ordinary
shares of 1p each (the "New Ordinary Shares") will be issued to
shareholders on 29 October 2020.
Application will be made for the New Ordinary Shares to be
admitted to trading on AIM on 29 October 2020 ("Admission").
Following Admission, the Company will have a total of 112,930,454
ordinary shares in issue carrying voting rights. This figure 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
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
RBC Capital Markets (Joint Broker) 020 7653 4000
Matthew Coakes / Evgeni Jordanov
Instinctif Partners (PR Adviser) 020 7457 2020
Adrian Duffield / Kay Larsen / SMS@instinctif.com
Chantal Woolcock
Notes to editors
SMS plc (www.sms-plc.com) installs and manages smart meters,
data and carbon reduction assets ("CaRe") to facilitate effective
energy management. The Group manages and optimises these assets
through its in-house technology and data analytical platform. As at
30 June 2020 SMS had 3.74 million meter and data assets under
management.
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 smart energy revolution and the assets
deployed remain at the heart of delivering and accelerating the UK
government's net zero carbon ambition. In 2019, SMS was awarded the
London Stock Exchange Green Economy Mark.
SMS plc is headquartered in Glasgow with a national presence
across twelve UK locations.
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
IOEEAKEKADLEFFA
(END) Dow Jones Newswires
October 27, 2020 03:00 ET (07:00 GMT)
Smart Metering Systems (LSE:SMS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Smart Metering Systems (LSE:SMS)
Historical Stock Chart
From Jul 2023 to Jul 2024