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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Smart Metering Systems Plc | LSE:SMS | London | Ordinary Share | GB00B4X1RC86 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 952.00 | 952.00 | 954.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMSMS
RNS Number : 6539L
Smart Metering Systems PLC
20 April 2018
Smart Metering Systems plc
("SMS" or "the Company")
Director / PDMR Shareholding
The Company was notified on 20 April 2018 that Alan Foy, a Director and shareholder of the Company, has transferred 900,000 shares to The Metis Trust (the "Trust"), a family trust of which Mr Foy is a trustee but not a beneficiary. Following completion of the transfer, Mr Foy will retain an interest in 6,280,608 Ordinary Shares, representing approximately 5.58 per cent of the issued share capital of the Company.
Mr Foy will undertake managerial responsibility for the Trust in his capacity as a trustee of the Trust and, as a consequence, the Trust is deemed to be a person closely associated with him (within the meaning of the Market Abuse Regulation). Following completion of the transfer, the Trust holds an interest in 900,000 Ordinary Shares, representing approximately 0.80 per cent of the issued share capital of the Company.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Hot Features
Premium
1 Details of the person
discharging managerial
responsibilities/person
closely associated
--- ------------------------------- --------------------------------
a) Name Alan Foy
--- ------------------------------- --------------------------------
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 Ordinary Shares of 1
financial instrument, pence
type of instrument SMS
Identification code
--- ------------------------------- --------------------------------
b) Nature of the transaction Transfer of ordinary
shares of 1p by way
of gift for nil consideration
to The Metis Trust of
which Alan Foy is a
trustee but not a beneficiary.
--- ------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil cost 900000
---------- ----------
--- ------------------------------- --------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
--- ------------------------------- --------------------------------
e) Date of the transactions 20 April 2018
--- ------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange,
AIM
--- ------------------------------- --------------------------------
1 Details of the person
discharging managerial
responsibilities/person
closely associated
--- ------------------------------- -----------------------------
a) Name The Metis Trust, declared
as being a person closely
associated with Alan
Foy, who is a Director
and shareholder of the
Company (being a person
discharging managerial
responsibility) and
a trustee of The Metis
Trust.
--- ------------------------------- -----------------------------
2 Reason for notification
--- ------------------------------- -----------------------------
a) Position/Status The Metis Trust, declared
as being a person closely
associated with Alan
Foy, who is a Director
and shareholder of the
Company (being a person
discharging managerial
responsibility) and
a trustee of The Metis
Trust.
--- ------------------------------- -----------------------------
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 Ordinary Shares of 1
financial instrument, pence
type of instrument SMS
Identification code
--- ------------------------------- -----------------------------
b) Nature of the transaction Transfer of ordinary
shares of 1p by way
of gift from Alan Foy
(a Director and shareholder
of the Company (therefore
a person discharging
managerial responsibility)
and a trustee of The
Metis Trust) for nil
consideration to The
Metis Trust.
--- ------------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil cost 900000
---------- ----------
--- ------------------------------- -----------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
--- ------------------------------- -----------------------------
e) Date of the transactions 20 April 2018
--- ------------------------------- -----------------------------
f) Place of the transaction London Stock Exchange,
AIM
--- ------------------------------- -----------------------------
Enquiries:-
Smart Metering Systems plc 0141 249 3850 Craig McGinn, Company Secretary Cenkos Securities plc 0131 220 6939 / 0207 397 8900 Neil McDonald Beth McKiernan Kreab 020 7074 1800 Matthew Jervois Natalie Biasin Daniel Holgersson
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHLLFVLSSIIFIT
(END) Dow Jones Newswires
April 20, 2018 07:35 ET (11:35 GMT)
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