Smart Metering Systems plc (AIM: "SMS", the "Group"), which installs and manages smart meters and carbon reduction assets ("CaRe") to facilitate effective energy management, will announce its results for the year ended 31 December 2020 on 16 March 2021.

In line with the update announcement published on 17 December 2020, the Board expects underlying profitability based on its current unaudited management accounts to be marginally ahead of market consensus, reflecting a strong performance during an unprecedented year.

For further information:

Smart Metering Systems plc
0141 249 3850
Alan Foy, Chief Executive Officer
Dilip Kejriwal, Investor Relations

Cenkos Securities plc (Joint Broker and Nomad)
0131 220 6939 / 020 7397 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
Kay Larsen / Sarah Hourahane / Hannah Campbell