26 Jun 2019 07:00
26 June 2019
Smart Metering Systems plc
Appointment of Investec as Joint Broker
Smart Metering Systems plc (AIM: SMS, "SMS"), the UK's largest integrated installer and manager of smart meters has appointed Investec Bank plc as Joint Broker to SMS with immediate effect.
Cenkos Securities plc continues to act as Nominated Advisor and Joint Broker to SMS.
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 and Nomad) | 0131 220 6939 / 020 7397 8900 |
Neil McDonald/ Beth McKiernan | |
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 3.1m meter and data assets as of 31 December 2018. 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 almost 1,000 people across the UK who support the installation and ongoing management of metering assets. The Company owns the first dedicated smart metering training facility in the UK and has delivered 30,000 hours of training in 2018.
SMS plc is headquartered in Glasgow with 12 offices across the UK.
SMS's shares are listed on AIM.