Smart Metering Systems PLC Issue of Equity (2099Z)
20 May 2021 - 4:00PM
UK Regulatory
TIDMSMS
RNS Number : 2099Z
Smart Metering Systems PLC
20 May 2021
Smart Metering Systems plc
Issue of Equity
Smart Metering Systems plc (AIM: "SMS", the "Group"), confirms
that it has issued a total of 448,537 ordinary shares of 1p each
(the "New Ordinary Shares") pursuant to an exercise of employee
share options under the Approved and Unapproved Company Share
Option Plan. The New Ordinary Shares have been admitted on AIM
under the block listing facility announced on 27 May 2015.
Following this issue, the Company confirms that it has
113,382,556 ordinary shares in issue. SMS does not currently hold
any shares in treasury. Accordingly, this figure of 113,382,556
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
Alan Foy, Chief Executive Officer
Dilip Kejriwal, Investor Relations
Cenkos Securities plc (Joint Broker 0131 220 6939 / 020 7397
and Nomad) 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 sms@instinctif.com
Notes to Editors
Smart Metering Systems 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.
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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