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


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHLLFVSEIISIIT
UK 100

Latest directors dealings