SMS Smart Metering Systems Plc

TIDMSMS

Smart Metering Systems PLC

04 November 2019

RNS REACH

4 November 2019

Smart Metering Systems plc

Awarded London Stock Exchange Green Economy Mark

Smart Metering Systems plc (AIM: SMS, "SMS", "the Group"), the UK's largest integrated installer and manager of smart meters, has been awarded the Green Economy Classification & Mark by the London Stock Exchange.

This accreditation identifies London-listed companies and funds that generate over 50% of total annual revenues from products and services that contribute to the global green economy.

Alan Foy, Chief Executive Officer, commented:

"This accreditation is recognition of our contribution to a low carbon future. We have been at the heart of the UK energy market for over two decades and have sustainability at the core of our ethos and business model.

"Our mission remains unchanged: to deliver the future of smart energy in the UK."

For further information:

 
  Smart Metering Systems plc                        0141 249 3850 
  Alan Foy, Chief Executive Officer 
  David Thompson, Chief Financial 
   Officer 
  Dilip Kejriwal, Head of Investor 
   Relations 
 
  Cenkos Securities plc (Joint Broker    0131 220 6939 / 020 7397 
   and Nomad)                                                8900 
  Neil McDonald / Pete Lynch 
 
  Investec Bank plc (Joint Broker)                  020 7597 5970 
  Christopher Baird / Henry Reast 
 
  Instinctif Partners                               020 7457 2077 
  Adrian Duffield / Kay Larsen / 
   Chantal Woolcock 
 

Notes to Editors

SMS plc (www.sms-plc.com) installs smart meters and data loggers that facilitate effective energy management and a low carbon future. Established in 1995, SMS provides a full end-to-end service for metering financing, installation, management and maintenance, with a highly skilled workforce and deep engineering expertise.

SMS had installed 3.46 million meter and data assets as of 30 June 2019. SMS' smart meter expertise also enables the Company to provide consultancy services that allow organisations and corporates to enhance long term efficiency and effectiveness in the management of energy.

SMS's energy management and asset installation services also include infrastructure design, installation, consultancy and project management services for new gas, electricity, water and telecoms connections for licensed energy and telecoms suppliers, end consumers and the UK's licensed electricity Distribution Network Owners (DNO's).

SMS employs in excess of 1,200 people across the UK who support the installation and ongoing management of metering assets.

SMS plc is headquartered in Glasgow with 12 locations across the UK.

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 rns@lseg.com or visit www.rns.com.

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