Smart Metering Systems PLC Dividend Declaration (6869K)
January 06 2021 - 2:00AM
UK Regulatory
TIDMSMS
RNS Number : 6869K
Smart Metering Systems PLC
06 January 2021
Smart Metering Systems plc
("SMS" or "the Company")
Dividend Declaration
As previously announced, SMS intends to pay a 25p per share
dividend in respect of FY 2020 (representing an increase of 3.6x
over FY 2019), with the first of three interim dividend instalments
of 6.25p paid on 29 October 2020 . SMS announces it will pay a
second interim cash dividend of 6.25p per share on 28 January 2021
to shareholders on the register at 8 January 2021, with an
ex-dividend date of 7 January 2021.
No Scrip alternative will be offered for this second interim
dividend.
The amended, provisional, dividend timetable for the remainder
of FY20 is as follows:
Instalment Ex-dividend date Record date Payment date
3 01 April 2021 06 April 2021 29 April 2021
----------------- -------------- --------------
4 01 July 2021 02 July 2021 29 July 2021
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These dates are indicative and may be subject to change.
For further information:
Smart Metering Systems plc 0141 249 3850
Alan Foy, Chief Executive Officer
Dilip Kejriwal, Investor Relations
Cenkos Securities plc (Nomad and Joint 0131 220 6939 / 020 7397
Broker) 8900
Neil McDonald / Pete Lynch
Investec Bank plc (Joint Broker)
Christopher Baird / Henry Reast 020 7597 5970
RBC Capital Markets (Joint Broker)
Matthew Coakes / Evgeni Jordanov 020 7653 4000
Instinctif Partners 020 7457 2077
Adrian Duffield / Kay Larsen / Chantal
Woolcock
Notes to editors
SMS plc (www.sms-plc.com) installs and manages smart meters and
carbon reduction ("CaRe") assets to facilitate effective energy
management. CaRe assets include all carbon reducing assets
including energy efficiency systems, metering, lighting, battery
storage, distributed generation, EV charging, data and control,
etc.
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 3.74 million meter and data assets under management as
of 30 June 2020. SMS's 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 (DNOs).
SMS employs in excess of 1,000 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.
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END
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