Smart Metering Systems PLC Board Changes (3521O)
February 08 2021 - 8:30AM
UK Regulatory
TIDMSMS
RNS Number : 3521O
Smart Metering Systems PLC
08 February 2021
Smart Metering Systems plc
Board changes
Smart Metering Systems plc (AIM: "SMS", the "Group"), which
installs and manages smart meters and carbon reduction assets
("CaRe") to facilitate effective energy management, announces that
David Thompson, CFO, will leave the Group on 31 March 2021 to
pursue another opportunity and that Gavin Urwin has today joined
the Group as CFO-Designate.
David will remain at the Group and as CFO until 31 March 2021,
finalising the preparation of the audited full year 2020 results
(due to be announced on 16 March 2021) and with a handover period
with Gavin.
Gavin is an experienced CFO with a proven track record working
across multiple sectors including professional services, support
services, FMCG and retail. He has previously worked at M&Co,
William Grant & Sons, Aggreko and KPMG. He is a member of the
Institute of Chartered Accountants of Scotland and has a BA (Hons)
from the University of Glasgow.
Miriam Greenwood, Chairman, commented:
"I would like to place on record the Board's thanks for David's
contributions to the Group. When he leaves SMS it will be with our
best wishes for the next stage of his career.
Having conducted a thorough search process, the Board is
delighted that Gavin has agreed to join the Group. He will take
over as CFO when David leaves SMS. Gavin is well placed to assist
the Group in its future development and we look forward to his
significant contribution going forwards."
This announcement contains inside information as stipulated
under the UK version of the Market Abuse Regulation No 596/2014
which is part of English Law by virtue of the European (Withdrawal)
Act 2018, as amended. On publication of this announcement via a
Regulatory Information Service, this information is considered to
be in the public domain.
For further information:
Smart Metering Systems plc 0141 249 3850
Alan Foy, Chief Executive Officer
Dilip Kejriwal, Investor Relations
Cenkos Securities plc (Joint Broker 0131 220 6939 / 020
and Nomad) 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 sms@instinctif.com
Kay Larsen / Sarah Hourahane / Hannah
Campbell
Notes to Editors
Smart Metering Systems plc (www.sms-plc.com) installs and
manages smart meters, data and carbon reduction assets ("CaRe") to
facilitate effective energy management. The Group manages and
optimises these assets through its in-house technology and data
analytical platform.
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. In 2019, SMS was also awarded the London Stock Exchange
Green Economy Mark.
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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END
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