Smart Metering Systems PLC Director/PDMR Shareholding (0308F)
November 11 2020 - 10:58AM
UK Regulatory
TIDMSMS
RNS Number : 0308F
Smart Metering Systems PLC
11 November 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 10(th) November 2020 Graeme Bissett, a Director, purchased
Ordinary Shares of one penny each ("Ordinary Shares") as
follows:-
Name Date of Purchase Number of Ordinary Purchase Price
Shares purchased
Graeme Bissett 10/11/2020 7000 578.50 pence
----------------- ------------------- ---------------
Following this transaction, Graeme Bissett has an interest in
15,316 Ordinary Shares, representing 0.014% 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 Graeme Bissett
------------------------------------ --------------------------------
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 7000 ordinary shares of 1 pence
instrument, type of instrument SMS
Identification code
------------------------------------ --------------------------------
b) Nature of the transaction Purchase of shares
------------------------------------ --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
578.50
p 7000
----------
------------------------------------ --------------------------------
d) Aggregated information 7000 ordinary shares at 578.50
* Aggregated volume pence
* Price
------------------------------------ --------------------------------
e) Date of the transaction 10 November 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 Joint
Broker) 0131 220 6939 / 020 7397 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.
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END
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