Dividend Declaration

RNS Number : 6869K
Smart Metering Systems PLC
06 January 2021
 

 

 

Smart Metering Systems plc

 

("SMS" or "the Company")

 

Dividend Declaration  

 

As previously announced, SMS intends to pay a 25p per share dividend in respect of FY 2020 (representing an increase of 3.6x over FY 2019), with the first of three interim dividend instalments of 6.25p paid on 29 October 2020 . SMS announces it will pay a second interim cash dividend of 6.25p per share on 28 January 2021 to shareholders on the register at 8 January 2021, with an ex-dividend date of 7 January 2021.

 

No Scrip alternative will be offered for this second interim dividend.

 

The amended, provisional, dividend timetable for the remainder of FY20 is as follows:

 

Instalment

Ex-dividend date

Record date

Payment date

3

01 April 2021

06 April 2021

29 April 2021

4

01 July 2021

02 July 2021

29 July 2021

  These dates are indicative and may be subject to change.

 

 

 

 

For further information:

 

  Smart Metering Systems plc

0141 249 3850

  Alan Foy, Chief Executive Officer


  Dilip Kejriwal, Investor Relations

 


  Cenkos Securities plc (Nomad and Joint Broker)

0131 220 6939 / 020 7397 8900

  Neil McDonald / Pete Lynch

 

  Investec Bank plc (Joint Broker)

  Christopher Baird / Henry Reast

 

  RBC Capital Markets (Joint Broker)

  Matthew Coakes / Evgeni Jordanov

 

 

 

020 7597 5970

 

 

020 7653 4000

  Instinctif Partners

020 7457 2077

  Adrian Duffield / Kay Larsen / Chantal Woolcock


 

Notes to editors

 

SMS plc (www.sms-plc.com) installs and manages smart meters and carbon reduction ("CaRe") assets to facilitate effective energy management. CaRe assets include all carbon reducing assets including energy efficiency systems, metering, lighting, battery storage, distributed generation, EV charging, data and control, etc.

 

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 3.74 million meter and data assets under management as of 30 June 2020. 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 1,000 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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DIVUPUPGGUPGPUA
UK 100

Latest directors dealings