Smart Metering Systems PLC Appointment of new Chief Financial Officer (3381Q)

TIDMSMS

RNS Number : 3381Q

Smart Metering Systems PLC

11 September 2017

Smart Metering Systems plc

("SMS" or "the Company")

Appointment of new Chief Financial Officer

Smart Metering Systems plc (AIM: SMS.L) is pleased to announce the appointment of David Thompson as Chief Financial Officer of the Company.

Mr Thompson, aged 40, is a qualified accountant and was previously Group Finance Director at SMS until his appointment as Interim CFO in August. He has a number of years' experience in senior finance roles, latterly at Energetics Multi Utility Group, a company owned by Macquarie Bank, and before that he held Audit Director posts in PwC LLP and Johnston Carmichael LLP.

Mr Thompson succeeds David Harris, who left the Company in August due to ill health.

Willie MacDiarmid, Chairman of SMS, commented:

"The Board is delighted to announce the permanent appointment of David to the Board of SMS. David has already made a significant contribution to the SMS success story in his previous role as Group Finance Director and is ideally placed to help drive the continued growth of the Company . "

For further Information:

 
 Smart Metering Systems 
  plc                      0141 249 3850 
 Alan Foy, CEO 
  Craig McGinn, Company 
  Secretary 
 
 
 Cenkos Securities         0131 220 6939 / 0207 397 
  plc                       8900 
 Neil McDonald 
 Nick Tulloch 
 Beth McKiernan 
 
 Kreab                     020 7074 1800 
 Matthew Jervois 
 Daniel Holgersson 
 

Other Information

In relation to the appointment of Mr Thompson, the Company confirms that there is no further information to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules for Companies save as disclosed below:

 
 Full Name:                       David Thompson 
 
 Age:                             40 
 
 Current Directorships            Thompson Capital Investments 
  /Partnerships                    Limited 
  Directorships / Partnerships 
   in last 5 years                 Harris Donald Limited 
                                   Big Push Capital Limited 
 

Notes to Editors

About Smart Metering Systems

Established in 1995, Smart Metering Systems plc, headquartered in Glasgow, connects, owns and operates gas and electricity meters on behalf of major energy companies. The Company's full end to end energy management services and consultancy business support large blue chip companies in the UK, through a network of offices in Livingston, Cardiff, Cambridge, Bolton, Doncaster, Rugby, and Normanton.

The Company's services also include infrastructure design, installation, consultancy and project management services for new gas, electricity, water and telecoms connections for licenced energy and telecoms suppliers, end consumers and the UK's licenced electricity Distribution Network Owners (DNO's).

The Company was admitted to the AIM market in July 2011 and 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

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September 11, 2017 03:17 ET (07:17 GMT)