Director/PDMR Shareholding

RNS Number : 9983E

Smart Metering Systems PLC

16 March 2022

 

Smart Metering Systems plc

("SMS" or "the Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY/PERSONS CLOSELY ASSOCIATED

As required by Article 19 Of Regulation (EU) No. 596/2014 on market abuse, Smart Metering Systems plc (AIM: SMS) announces that on 15 March 2022 certain Directors dealt in Ordinary Shares of one penny each ("Ordinary Shares") as follows:-

Name	Date of Transaction(s)	Number of shares	Price
Tim Mortlock	15/03/2022	Purchase of 13,717	729.0425p
Miriam Greenwood	15/03/2022	1.  Sale of 2111 2.  Purchase of 2111	1.  719p 2.  720p

Following these transactions Miriam Greenwood has an interest in 25,461 Ordinary Shares, representing 0.019% of the issued share capital of the Company and Tim Mortlock has an interest in 21,202 Ordinary Shares, representing  0.016% of the issued share capital of the Company.

The notification below provides further detail.

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	Tim Mortlock
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	13,717 ordinary shares of 1 pence SMS
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 729.0425p 13,717
d)	Aggregated information -  Aggregated volume -  Price	13,717 ordinary shares at 729.0425 pence
e)	Date of the transaction	15 March 2022
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Miriam Greenwood
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	1.  ordinary shares of 1 pence 2.  ordinary shares of 1 pence SMS
b)	Nature of the transaction	Sale and re-Purchase of shares to transfer to ISA
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. 719p 2111 2. 720p 2111
d)	Aggregated information -  Aggregated volume -  Price	1.  2111 ordinary shares at 719 pence 2.  2111 ordinary shares at 720 pence
e)	Date of the transaction	15 March 2022
f)	Place of the transaction	London Stock Exchange, AIM

For further information:

Smart Metering Systems plc	0141 249 3850
Tim Mortlock, Chief Executive Officer
Dilip Kejriwal, Head of Investor Relations
Cenkos Securities plc (Nomad and Joint Broker)	0131 220 6939 / 020 7397 8900
Neil McDonald / Pete Lynch
Investec Bank plc (Joint Broker)	020 7597 5970
Christopher Baird / Henry Reast
RBC Capital Markets (Joint Broker)	020 7653 4000
Matthew Coakes / Evgeni Jordanov

Instinctif Partners (PR Adviser)	020 7457 2020
Tim Linacre / Guy Scarborough / Sarah Hourahane	[e-mail]

Notes to Editors

Smart Metering Systems plc (www.sms-plc.com) is the fully integrated energy infrastructure company owning and managing meter assets, energy data, grid-scale batteries and other carbon reduction (CaRe) assets. The Group manages and optimises these assets through its in-house technology and data analytical platform "METIS".

Established in 1995, SMS provides a full end-to-end service, from funding and installation to management and maintenance, with a highly skilled workforce, deep engineering expertise and well-established industrial partnerships.

SMS is leading the low carbon, smart energy revolution in the UK and is committed to reducing its own carbon emissions to net zero by 2030. SMS has been recognised with the London Stock Exchange's Green Economy Mark every year since it was introduced in 2019.

SMS plc is headquartered in Glasgow with a national presence across twelve UK locations.

SMS's shares are listed on AIM.

 

END

 

 

DSHFLFVFVSIRLIF