Director/PDMR Shareholding

RNS Number : 2252N

Smart Metering Systems PLC

04 May 2018

 

Smart Metering Systems plc

("SMS" or "the Company")

Director / PDMR Shareholding

The Company hereby gives notice of a sale by Alan Foy, a Director and shareholder of the Company, of 1,800,000 shares in response to an approach by an institutional investor. Following completion of the transfer, Mr Foy will retain an interest in 4,455,608 Ordinary Shares, representing approximately 3.95% 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

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 financial instrument, type of instrument Identification code	Ordinary Shares of 1 pence SMS
b)	Nature of the transaction	Transfer of ordinary shares of 1p
c)	Price(s) and volume(s)	Price(s) Volume(s) 800p 18,000,000
d)	Aggregated information -      Aggregated volume -      Price	N/A
e)	Date of the transactions	4 May 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 Daniel Holgersson

 

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