Smart Metering Systems plc (AIM: SMS.L) ("SMS" or the "Company") was notified on 22 January 2014 that Steve Timoney currently holds 15,144,344 ordinary shares of 1p each in the Company, representing approximately 18.17 % of its current issued share capital.
About Smart Metering Systems
Established in 1995, Smart Metering Systems plc is based in Glasgow, and 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(TM) 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. Longer term the company also has additional applications for water and LPG.
The Company was admitted to the AiM market in July 2011 and is now part of the FTSE AiM 50 index, for more information on SMS please visit the Company's website: www.sms-plc.com
This information is provided by RNS
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