Smart Metering Systems PLC Director/PDMR Shareholding (1035T)
15 Juli 2015 - 10:31AM
UK Regulatory
TIDMSMS
RNS Number : 1035T
Smart Metering Systems PLC
15 July 2015
Smart Metering Systems plc
("SMS" or "the Company")
Director / PDMR Shareholding
The Company announces that Alan Foy, Chief Executive Officer of
the Company, has today sold 1,109,350 ordinary shares of 1p each in
the Company ("Ordinary Shares") at a price of 315.5 pence per
Ordinary Share. Following completion of the disposal, Mr Foy holds
an interest in 7,780,608 Ordinary Shares, representing
approximately 9.05 per cent of the issued share capital of the
Company.
For further information:
Smart Metering Systems plc
Alan Foy, Chief Executive Officer
Glen Murray, Finance Director 0141 249 3850
Cenkos Securities
Neil McDonald
Nick Tulloch 0131 220 6939 / 0207 397 8900
Kreab
Natalie Biasin
Matthew Jervois 020 7074 1800
Notes to Editors
About Smart Metering Systems
Established in 1995, Smart Metering Systems plc, based in
Glasgow, connects, owns, operates and maintains metering systems
and databases on behalf of major energy companies.
Currently the Company is concentrating its efforts on offering
its unique integrated services to the UK industrial and commercial
gas market in which its customers have an 80% market share.
The Company has further applications for gas with its ADM(TM)
device which allows "smart" functions such as remote reading and
half-hourly consumption data to be offered to customers in addition
to the normal metering services.
SMS expanded its services into the electricity market through
the acquisition of Utility Partnership Limited in April 2014. The
Company can now provide a fully integrated service from beginning
to end to cover the installation of a gas/electricity
supply/connection to the procurement, installation and management
of a gas or electricity meter asset to the collection and
management of customer data and ongoing energy management services.
Longer term the Company also has additional applications for water
and LPG.
Following its listing, the Company is now part of the FTSE AIM
50 index. For more information on SMS please visit the Company's
website: www.sms-plc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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