Awarded London Stock Exchange Green Economy Mark

RNS Number : 0620S

Smart Metering Systems PLC

04 November 2019

 

RNS REACH

4 November 2019

Smart Metering Systems plc

Awarded London Stock Exchange Green Economy Mark

Smart Metering Systems plc (AIM: SMS, "SMS", "the Group"), the UK's largest integrated installer and manager of smart meters, has been awarded the Green Economy Classification & Mark by the London Stock Exchange.

This accreditation identifies London-listed companies and funds that generate over 50% of total annual revenues from products and services that contribute to the global green economy.

Alan Foy, Chief Executive Officer, commented:

"This accreditation is recognition of our contribution to a low carbon future. We have been at the heart of the UK energy market for over two decades and have sustainability at the core of our ethos and business model.  

"Our mission remains unchanged: to deliver the future of smart energy in the UK."

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 and Nomad)	0131 220 6939 / 020 7397 8900
Neil McDonald / Pete Lynch
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 3.46 million meter and data assets as of 30 June 2019. 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 in excess of 1,200 people across the UK who support the installation and ongoing management of metering assets.

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

SMS's shares are listed on AIM.

 

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