Director's Dealing • Apr 3, 2023
Director's Dealing
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RNS Number : 2077V
Smart Metering Systems PLC
03 April 2023
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 3 April 2023 certain Directors dealt in Ordinary Shares of one penny each ("Ordinary Shares"):-
| Name | Date of Transaction(s) | Number of shares | Price |
| Jamie Richards | 03/04/2023 | Purchase of 3,357 Shares | 744.62p |
Following these transactions Jamie Richards has an interest in 8,611 Ordinary Shares, representing 0.006% 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
Jamie Richards
2
Reason for notification
a)
Position/Status
PDMR - 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
Purchase of shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 744.62p | 3,357 |
d)
Aggregated information
- Aggregated volume
- Price
3,357
£24,996.89
e)
Date of the transaction
3 April 2023
f)
Place of the transaction
London Stock Exchange, AIM
For further information:
| Smart Metering Systems plc | 0141 249 3850 | |
| Craig McGinn, Company Secretary | ||
| 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) installs and manages smart meters, energy data, grid scale batteries and other carbon reduction assets ("CaRe") to facilitate effective energy management. The Group manages and optimises these assets through its in-house technology and data analytical platform.
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. In 2019, SMS was also awarded the London Stock Exchange Green Economy Mark.
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.
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