Broker appointment

RNS Number : 7134Q

Smart Metering Systems PLC

23 June 2020

 

23 June 2020

Smart Metering Systems plc

Broker appointment

Smart Metering Systems plc (AIM: "SMS", "the Group"), which installs and manages smart meters and carbon reduction assets ("CaRe") to facilitate effective energy management, has appointed RBC Capital Markets as its Joint Broker with immediate effect.

For further information:

Smart Metering Systems plc Alan Foy, Chief Executive Officer Dilip Kejriwal, Investor Relations	0141 249 3850
Cenkos Securities plc (Joint Broker and Nomad) Neil McDonald / Pete Lynch	0131 220 6939 / 020 7397 8900
Investec Bank plc (Joint Broker) Christopher Baird / Henry Reast	020 7597 5970
RBC Capital Markets (Joint Broker) Matthew Coakes / Evgeni Jordanov	020 7653 4000
Instinctif Partners Adrian Duffield / Kay Larsen / Chantal Woolcock	020 7457 2077

Notes to editors

SMS plc (www.sms-plc.com) installs and manages smart meters and carbon reduction assets ("CaRe") to facilitate effective energy management. 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 3.73 million meter and data assets under management as of 31 December 2019. SMS's 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 (DNOs).

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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