Smart Metering Systems PLC Issue of Equity (6758M)
May 25 2022 - 2:00AM
UK Regulatory
TIDMSMS
RNS Number : 6758M
Smart Metering Systems PLC
25 May 2022
Smart Metering Systems plc
Issue of Equity
Smart Metering Systems plc (AIM: SMS.L) confirms that it has
issued a total of 67,609 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 confirms that it has
133,389,164 ordinary shares in issue. SMS does not currently hold
any shares in treasury. Accordingly, this figure of 133,389,164
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
Tim Mortlock, Chief Executive Officer
Gavin Urwin, Chief Financial Officer
Dilip Kejriwal, Head of Investor Relations
Cenkos Securities plc (Joint Broker 0131 220 6939 / 020
and Nomad) 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 /
Jack Wood
Instinctif Partners sms@instinctif.com
Tim Linacre / Guy Scarborough / Sarah
Hourahane
Notes to Editors
Smart Metering Systems plc (www.sms-plc.com) installs and
manages smart meters, data, grid scale batteries 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.
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 low carbon, smart energy revolution in the UK
and is committed to reducing its own carbon emissions to net zero
by 2030. In 2019, SMS was also 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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