16 Mar 2015 17:20
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 1st June 2015 to those shareholders on the register (record date) on 24th April 2015 with an ex-dividend date of 23rd 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.