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SRT MARINE SYSTEMS PLC

Director's Dealing Mar 16, 2022

7929_dirs_2022-03-16_c5edbd79-da8e-4c85-9a72-e09c4369dcfc.html

Director's Dealing

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National Storage Mechanism | Additional information

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 [email protected]

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.

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 [email protected] 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

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