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 

SMS@instinctif.com

 

 

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.

 

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