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PrimeStone Capital Secures 5.0% Holding In Smart Metering Systems

8th Oct 2019 17:32

(Alliance News) - Smart Metering Systems PLC on Tuesday said investor PrimeStone Capital LLP has built a 5.0% stake in the company following a transaction on Friday.

PrimeStone's stake in the smart energy meter manufacturer prior to the transaction was not disclosed.

Shares in Smart Metering Systems closed 2.9% lower at 402.20 pence each in London on Tuesday.

By Eric Cunha; [email protected]

Copyright 2019 Alliance News Limited. All Rights Reserved.


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