TIDMSMS

RNS Number : 1922I

Smart Metering Systems PLC

13 April 2022

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) announces that on 11 April 2022, Graeme Bissett, a Director purchased Ordinary Shares of one penny each ("Ordinary Shares") as follows:-

 
      Name             Date of        Number of shares     Price 
                    Transaction(s) 
 Graeme Bissett       11/04/2022      Purchase of 4818    830.04p 
                  -----------------  ------------------  -------- 
 

Following this transaction Graeme Bissett has an interest in 22,911 Ordinary Shares, representing 0.017% 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          4818 Ordinary Shares 
       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) 
                                              830.04p    4818 
                                                        ---------- 
     ------------------------------------  --------------------------- 
 d)        Aggregated information                      N/A 
             *    Aggregated volume 
 
 
             *    Price 
     ------------------------------------  --------------------------- 
 e)   Date of the transaction               11 April 2022 
     ------------------------------------  --------------------------- 
 f)   Place of the transaction              London Stock Exchange, AIM 
     ------------------------------------  --------------------------- 
 

For further information:

 
  Smart Metering Systems plc                            0141 249 3850 
  Tim Mortlock, 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 
  Tim Linacre / Guy Scarborough /     SMS@instinctif.com 
   Sarah Hourahane 
 

Notes to Editors

Smart Metering Systems plc (www.sms-plc.com) is the fully integrated energy infrastructure company owning and managing meter assets, energy data, grid-scale batteries and other carbon reduction (CaRe) assets. The Group manages and optimises these assets through its in-house technology and data analytical platform "METIS".

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. SMS has been recognised with the London Stock Exchange's Green Economy Mark every year since it was introduced in 2019.

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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April 13, 2022 02:02 ET (06:02 GMT)

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