FY2014 Results - Dividend

RNS Number : 5878H

Smart Metering Systems PLC

16 March 2015

 

16 March 2015

Smart Metering Systems plc

Final results for the year ended 31 December 2014 - Dividend

Smart Metering Systems plc (AIM: SMS.L)  is delighted to announce a proposed final cash dividend of 1.88p for the financial year ended 31 December 2014 to shareholders. In addition to the interim dividend of 0.94p this will make a full year distribution of 2.82p. The final dividend will be will be paid on 1^st June 2015 to those shareholders on the register (record date) on 24^th April 2015 with an ex-dividend date of 23^rd April 2015.

For further information:

Smart Metering Systems plc	0141 249 3850
Alan Foy, Chief Executive Officer
Glen Murray, Finance Director
Cenkos Securities plc	0131 220 6939 / 0207 397 8900
Neil McDonald
Nick Tulloch
Kreab Gavin Anderson	020 7074 1800
Chris Philipsborn
Natalie Biasin Matthew Jervois

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.

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.

SMS expanded its services into the electricity market through the acquisition of Utility Partnership Limited in April 2014. The Company can now provide a fully integrated service from beginning to end to cover the installation of a gas/electricity supply/connection to the procurement, installation and management of a gas or electricity meter asset to the collection and management of customer data and ongoing energy management services. Longer term the Company also has additional applications for water and LPG.

Following its listing, the Company is now part of the FTSE AIM 50 index. For more information on SMS please visit the Company's website: www.sms-plc.com.

 

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