Smart Metering Systems PLC Appointment of Investec as Joint Broker (3984D)

TIDMSMS

RNS Number : 3984D

Smart Metering Systems PLC

26 June 2019

26 June 2019

Smart Metering Systems plc

Appointment of Investec as Joint Broker

Smart Metering Systems plc (AIM: SMS, "SMS"), the UK's largest integrated installer and manager of smart meters has appointed Investec Bank plc as Joint Broker to SMS with immediate effect.

Cenkos Securities plc continues to act as Nominated Advisor and Joint Broker to SMS.

For further information:

 
 Smart Metering Systems plc                           0141 249 3850 
 Alan Foy, Chief Executive Officer 
 David Thompson, Chief Financial 
  Officer 
 Dilip Kejriwal, Head of Investor 
  Relations 
 
 Cenkos Securities plc (Joint Broker       0131 220 6939 / 020 7397 
  and Nomad)                                                   8900 
 Neil McDonald/ Beth McKiernan 
 
 Investec Bank plc (Joint Broker)                     020 7597 5970 
 Christopher Baird / Henry Reast 
 
 Instinctif Partners                                  020 7457 2077 
 Adrian Duffield / Kay Larsen / Chantal 
  Woolcock 
 

Notes to Editors

SMS plc (www.sms-plc.com) installs smart meters and data loggers that facilitate effective energy management and a low carbon future. Established in 1995, SMS provides a full end-to-end service for metering financing, installation, management and maintenance, with a highly skilled workforce and deep engineering expertise.

SMS had installed 3.1m meter and data assets as of 31 December 2018. SMS' smart meter expertise also enables the Company to provide consultancy services that allow organisations and corporates to enhance long term efficiency and effectiveness in the management of energy.

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

SMS employs almost 1,000 people across the UK who support the installation and ongoing management of metering assets. The Company owns the first dedicated smart metering training facility in the UK and has delivered 30,000 hours of training in 2018.

SMS plc is headquartered in Glasgow with 12 offices across the UK.

SMS's shares are listed on AIM.

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June 26, 2019 02:00 ET (06:00 GMT)