Result of AGM

RNS Number : 8403F

Smart Metering Systems PLC

29 May 2013

 



29 May 2013

SMART METERING SYSTEMS PLC

("Smart Metering Systems")

Result of Annual General Meeting

Smart Metering Systems plc (AIM: SMS.L) confirms that at the reconvened AGM held earlier today all the resolutions put to the meeting were duly passed. The table below gives details of the approximate percentage of proxy votes received.

Resolution	Votes For*	Votes Against
1.   To receive and adopt the Company's Annual Reports & Accounts	99.996%	0.004%
2.   To re-elect A Foy as  Director	99.996%	0.004%
3.   To re-elect G Murray as Director	99.996%	0.004%
4.   To re-appoint Baker Tilly UK Audit LLP as auditors of the Company	100%	0
5.   To authorise the Directors to fix the auditors' remuneration	100%	0
6.   To authorise the Directors to allot (and grant the right to subscribe for) shares under Section 551 Companies Act 2006	99.996%	0.004%
7.   To disapply pre-emption rights under Section 570 Companies Act 2006	99.996%	0.004%

* includes proxies where Chairman given a discretion

For further information:

Smart Metering Systems plc	0141 249 3850
Alan Foy, Chief Executive Officer
Glen Murray, Finance Director
Cenkos Securities	0131 220 6939 / 0207 397 8900
Ken Fleming
Neil McDonald
Kreab Gavin Anderson	020 7074 1800
Tom Poston
Anna Schoeffler

Notes to Editors

About Smart Metering Systems

Established in 1995, Smart Metering Systems plc based in Glasgow, connects, owns, operates and maintains metering systems and databases on behalf of major energy companies and energy brokers.

Currently the Company is concentrating its efforts on offering its unique integrated services to the UK industrial and commercial gas market in which its customers have an 80% market share.

 The Company has further applications for gas with its ADM™ device which allows "smart" functions such as remote reading and half hourly consumption data to be offered to customers in addition to the normal metering services. Longer term the Company also has additional applications for water and LPG.

The Company was admitted to the AiM market in July 2011 and is now part of the FTSE AiM 50 index. For more information on SMS please visit the Company's website: www.sms-plc.com

 

END

 

 

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