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Smart Metering Systems PLC   -  SMS   

Appointment of new Chief Financial Officer

Released 07:00 21-Mar-2017

RNS Number : 0129A
Smart Metering Systems PLC
21 March 2017
 

Smart Metering Systems plc

("SMS" or "the Company")

 

Appointment of new Chief Financial Officer

 

Smart Metering Systems plc (AIM: SMS.L) is pleased to announce the appointment of David Harris as Chief Financial Officer of the Company.

 

Mr Harris, aged 45, is a qualified accountant and was Group Finance Director of British Polythene Industries plc ("BPI") from July 2009 until October 2016 which saw the completion of the recommended offer for BPI from RPC Group plc. During his tenure as Group Finance Director at BPI, he was involved in a number of major debt financings, and oversaw an active acquisition and disposal programme. Mr Harris is member and past-Chairman of the Scottish Finance Directors Group, a member of the committee of ACCA Scotland and a member of the Policy Steering Group of the Major Energy Users Council.

 

Mr Harris succeeds Glen Murray, who has served as Chief Financial Officer of SMS since 2011 and who has been an integral member of the SMS management team through its successful AIM IPO and the subsequent period of significant growth. Mr Murray is planning to take up new business opportunities and the planned succession for the CFO role will see Mr Murray step down from his formal role with the Board with immediate effect but he will assist with the transition process for a period of time.

 

Willie MacDiarmid, Chairman of SMS, commented:

 

"The Board is delighted to welcome David to SMS, he was identified as the stand out candidate to succeed Glen and will help drive the business on its continued growth. I also want to take this opportunity to thank Glen on behalf of the entire Board for his significant contribution to SMS over the last 6 years which has seen the business experience exceptional growth both organically and through acquisition. Glen's knowledge and experience will be retained for a period of time to ensure an orderly transition."

 

For further Information:

 

Smart Metering Systems plc

0141 249 3850

Craig McGinn, Company Secretary




Cenkos Securities plc

0131 220 6939 / 0207 397 8900

Neil McDonald


Nick Tulloch


Beth McKiernan




Kreab            

020 7074 1800

Matthew Jervois


Daniel Holgersson


 

Other Information

 

In relation to the appointment of Mr Harris, the Company confirms that there is no further information to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules for Companies save as disclosed below:

 

Full Name:

David  William Harris



Age:

45



Current Directorships /Partnerships

 

None

Directorships / Partnerships in last 5 years

 

EDINBURGH PLASTICS LIMITED (SC060192) 

POLYCROP LIMITED (00370987)

TREVOR JONES LIMITED (SC041189)

PROMOPACK LIMITED (SC079157)

BRITISH POLYTHENE INDUSTRIES LIMITED (00108191)

ANAPLAST LIMITED (01757494)

BRAMPTON FILMS LIMITED (02733544)

BRITHENE FILMS LIMITED (00513001)

CLINGTECH PACKAGING LIMITED (02158854)

EXCELSIOR PACKAGING LIMITED (02406369)

JAMES SCOTT & SONS LIMITED (SC027541)

UK POLYFILM LIMITED (02059609) 

CALNAY LIMITED (01513851)

MOORE AND COMPANY (NOTTINGHAM) LIMITED (00147339)

BPI EMPLOYEES TRUST LIMITED (03438070)

PLASTI-COVERS LIMITED (SC062391)

ROLL-A-RAP LIMITED (01258066)

U.K. POLYTHENE LTD. (01727947)

BPI INTERNATIONAL (NO 2) LIMITED (03467631)

KARDON LIMITED (00588804)

VALENTINE MANN & BROWN LIMITED (00888020)

BRITISH POLYTHENE LIMITED (00350729)

BPI LIMITED (01734308) 

BPI LIMITED PARTNER LIMITED (SC390442)

PCL RECYCLING LIMITED (SC114717)

ZEDCOR LIMITED (01310087)

FLEXFILM LIMITED (03379307)

JORDAN PLASTICS LIMITED (NI009907)

 

                                               

Notes to Editors

 

About Smart Metering Systems

 

Established in 1995, Smart Metering Systems plc, headquartered in Glasgow, connects, owns and operates gas and electricity meters on behalf of major energy companies. The Company's full end to end energy management services and consultancy business support large blue chip companies in the UK, through a network of offices in Livingston, Cardiff, Cambridge, Bolton, Doncaster, Rugby, and Normanton.

 

The Company's services also include infrastructure design, installation, consultancy and project management services for new gas, electricity, water and telecoms connections for licenced energy and telecoms suppliers, end consumers and the UK's licenced electricity Distribution Network Owners (DNO's).

 

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
The company news service from the London Stock Exchange
 
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Appointment of new Chief Financial Officer - RNS