Solid State PLC Director's Dealings (2686G)
18 July 2023 - 12:00AM
UK Regulatory
TIDMSOLI
RNS Number : 2686G
Solid State PLC
17 July 2023
17 July 2023
Solid State plc
("Solid State", the "Group" or the "Company")
Director's Dealings
Solid State plc (AIM: SOLI), the specialist value added
component supplier and design-in manufacturer of computing, power,
and communications products, announces that Sam Smith, who joins
the board as Non-Executive Director with effect from 1 August 2023,
today purchased 1,900 ordinary shares of 5p each in the capital of
the Company ("Ordinary Shares") at a price of 1284p per share.
Following this transaction, Sam holds a total of 1,900 Ordinary
Shares representing approximately 0.02% of the Company's issued
share capital that carry voting rights, which excludes those held
in treasury.
For further information please contact:
Solid State plc Via Walbrook
Gary Marsh - Chief Executive
Peter James - Group Finance Director
Cenkos Securities plc (Nominated
Adviser & Joint Broker)
Adrian Hadden / Callum Davidson (Corporate
Finance)
Alex Pollen / Jasper Berry (Sales) 020 73978900
finnCap (Joint Broker)
Ed Frisby (Corporate Finance)
Rhys Williams / Tim Redfern (Sales
/ ECM) 020 7220 0500
Walbrook PR (Financial PR) 020 7933 8780
Tom Cooper / Nick Rome 0797 122 1972
solidstate@walbrookpr.com
Analyst Research Reports: For further analyst information and
research see the Solid State plc website:
https://solidstateplc.com/research/
Notes to Editors:
Solid State plc (SOLI) is a value added electronics group
supplying commercial, industrial and defence markets with durable
components, assemblies, manufactured units and power units for use
in specialist and harsh environments. The Group's mantra is -
'Trusted technology for demanding environments'. To see an
introductory video on the Group - https://bit.ly/3kzddx7
Operating through two main divisions: Systems (Steatite, Active
Silicon & Custom Power) and Components (Solid State Supplies,
Pacer, Willow Technologies & AEC); the Group specialises in
complex engineering challenges often requiring design-in support
and component sourcing for computing, power, communications,
electronic, electro-mechanical and opto-electronic products.
Headquartered in Redditch, UK, Solid State employs approximately
400 staff across the UK and US, serving specialist markets with
high barriers to entry in industrial, defence and security,
transportation, medical and energy.
Solid State was established in 1971 and admitted to AIM in June
1996. The Group has grown organically and by acquisition having
made three acquisitions in the last three years.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Sam Smith
-------------------------- -------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/status Non-Executive Director (effective
from 1 August 2023)
-------------------------- -------------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- -------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Solid State plc
-------------------------- -------------------------------------------------
b) LEI 213800QUHS9QTN5T1P62
-------------------------- -------------------------------------------------
4 Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been conducted
-----------------------------------------------------------------------------
a) Description of the
financial instrument, Ordinary shares of 5p each
type of instrument
GB0008237132
Identification code
-------------------------- -------------------------------------------------
b) Nature of the transaction Purchase of ordinary shares
-------------------------- -------------------------------------------------
c) Price(s) and volume(s) Type Date Price(s) Volume(s)
17 July 1284p per
Purchase 2023 share 1,900
--------- ----------- ----------
-------------------------- -------------------------------------------------
d) Aggregated information
- Aggregated volume N/A - single transaction
-------------------------- -------------------------------------------------
e) Date of the transaction 17 July 2023
-------------------------- -------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
-------------------------- -------------------------------------------------
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END
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