I may be the metering man but CT metering is out of my depth.
Not sure what I can add as it all looks to be answered but what I can tell you though is AFAIK

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Dan and BERNARD and EFISTE are spot on.
As Efiste and Bernard said the silver circle is an infared port, a few types of meter have these including most telemeters.
This enables the meter to be programed to different tariff's etc, saves a meter change although is only usually done on the CT side and normal meters get changed.
The silver bit is just a strip on metal so the magnetic infared dongle can stick to the meter while it's being programed.
The yellow button as Efiste said does cycle through all the display's just as your old one did.
And this does look like the same setup that Danny was talking about.
The aerial is so it can be read remotely before the aerial they did used to use a small 14.4 modem and phone line, these types of setup (in our company anyway) are only normally used in places a meter reader can't go eg a chemical factory etc.
As for the multi utility label.. I don't know, possibly something to say it can accept all tariffs.
Are you sure they changed the meter or did they just add the comms?