Smart Metering Systems PLC Director/PDMR Shareholding (2077V)

TIDMSMS

RNS Number : 2077V

Smart Metering Systems PLC

03 April 2023

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 3 April 2023 certain Directors dealt in Ordinary Shares of one penny each ("Ordinary Shares"):-

 
 Name              Date of            Number of shares            Price 
                    Transaction(s) 
 Jamie Richards    03/04/2023         Purchase of 3,357 Shares    744.62p 
                  -----------------  --------------------------  -------- 
 

Following these transactions Jamie Richards has an interest in 8,611 Ordinary Shares, representing 0.006% 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                                  Jamie Richards 
     ------------------------------------  --------------------------- 
 2    Reason for notification 
     ------------------------------------  --------------------------- 
 a)   Position/Status                       PDMR - 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          ordinary shares of 1 pence 
       instrument, type of instrument 
       Identification code                   SMS 
     ------------------------------------  --------------------------- 
 b)   Nature of the transaction             Purchase of shares 
     ------------------------------------  --------------------------- 
 c)   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                              744.62p    3,357 
                                                        ---------- 
     ------------------------------------  --------------------------- 
 d)        Aggregated information 
             *    Aggregated volume 
                                              3,357 
                                              GBP24,996.89 
             *    Price 
     ------------------------------------  --------------------------- 
 e)   Date of the transaction               3 April 2023 
     ------------------------------------  --------------------------- 
 f)   Place of the transaction              London Stock Exchange, AIM 
     ------------------------------------  --------------------------- 
 

For further information:

 
 Smart Metering Systems plc                         0141 249 3850 
 Craig McGinn, Company Secretary 
 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 /     [e-mail] 
  Sarah Hourahane 
 

Notes to Editors

Smart Metering Systems plc (www.sms-plc.com) installs and manages smart meters, energy data, grid scale batteries and other 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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April 03, 2023 11:11 ET (15:11 GMT)