("SMS" or the “Company")
Smart Metering Systems plc (AIM: "SMS", the "Group"), which installs and manages smart meters and carbon reduction assets ("CaRe") to facilitate effective energy management, confirms that as previously announced, David Thompson, CFO left the Group on 31 March 2021 to pursue another opportunity.
Gavin Urwin, who joined the Group in February 2021 as CFO Designate has been appointed Chief Financial Officer and joins the Board of SMS as an Executive Director with effect from 31 March 2021.
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 plc and KPMG. He is a member of the Institute of Chartered Accountants of Scotland and has a B. Acc (Hons) from the University of Glasgow.
"The Board is delighted to welcome Gavin to the Board as our new Chief Financial Officer. We look forward to working with him in delivering the strategic vision of and growth in the Group. I would, on behalf of the Board, also like to wish David every success in his new role and thank him for his contribution to SMS."Chairman of SMS
For further information:
Smart Metering Systems plc
Alan Foy, Chief Executive Officer
Dilip Kejriwal, Investor Relations
0141 249 3850
Cenkos Securities plc (Joint Broker and Nomad)
Neil McDonald / Pete Lynch
0131 220 6939 / 020 7397 8900
Investec Bank plc (Joint Broker)
Christopher Baird / Henry Reast
020 7597 5970
RBC Capital Markets (Joint Broker)
Matthew Coakes / Evgeni Jordanov
020 7653 4000
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.