29th May 2013 16:54
29 May 2013
SMART METERING SYSTEMS PLC
("Smart Metering Systems")
Result of Annual General Meeting
Smart Metering Systems plc (AIM: SMS.L) confirms that at the reconvened AGM held earlier today all the resolutions put to the meeting were duly passed. The table below gives details of the approximate percentage of proxy votes received.
Resolution | Votes For* | Votes Against |
1. To receive and adopt the Company's Annual Reports & Accounts | 99.996% | 0.004% |
2. To re-elect A Foy as Director | 99.996% | 0.004% |
3. To re-elect G Murray as Director | 99.996% | 0.004% |
4. To re-appoint Baker Tilly UK Audit LLP as auditors of the Company | 100% | 0 |
5. To authorise the Directors to fix the auditors' remuneration | 100% | 0 |
6. To authorise the Directors to allot (and grant the right to subscribe for) shares under Section 551 Companies Act 2006 | 99.996% | 0.004% |
7. To disapply pre-emption rights under Section 570 Companies Act 2006 | 99.996% | 0.004% |
* includes proxies where Chairman given a discretion
For further information:
Smart Metering Systems plc | 0141 249 3850 |
Alan Foy, Chief Executive Officer | |
Glen Murray, Finance Director | |
Cenkos Securities | 0131 220 6939 / 0207 397 8900 |
Ken Fleming | |
Neil McDonald
| |
Kreab Gavin Anderson | 020 7074 1800 |
Tom Poston | |
Anna Schoeffler |
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 and energy brokers.
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. 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
Related Shares:
SMS.L