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RNS Number : 2301L Solid State PLC 18 April 2024
18 April 2024
Solid State plc
("Solid State", the "Group" or the "Company")
PDMR Dealings
Solid State plc (AIM: SOLI), the specialist value-added component supplier and
design-in manufacturer of computing, power, and communications products,
announces that Matthew Richards, Executive Director, has transferred ordinary
shares of 5p each ("Ordinary Shares") from his personal holding to his ISA
through the sale of 1,485 Ordinary Shares at £13.40 per share and subsequent
re-purchase of 1,485 Ordinary Shares at £13.42 per share.
Furthermore, Peter James, Chief Financial Officer, has also transferred
Ordinary Shares from his personal holding to his ISA through the following
dealings:
Date Nature of Transaction Number of Ordinary Shares Price per share (£)
16 April 2024 Sale from personal holding 1,493 13.40
16 April 2024 Purchase into ISA 1,493 13.42
18 April 2024 Sale from personal holding 32 13.50
18 April 2024 Purchase into ISA 38 13.569
Further detail of these transactions are set out below.
For further information please contact:
Solid State plc Via Walbrook
Gary Marsh - Chief Executive
Peter James - Group Finance Director
Cavendish Capital Markets Limited (Nominated Adviser & Broker)
Adrian Hadden / Callum Davidson (Corporate Finance) 020 7397 8900
Jasper Berry / Tim Redfern (Sales / ECM) 020 7220 0500
Walbrook PR (Financial PR) 020 7933 8780
Tom Cooper / Nick Rome / Joe Walker 0797 122 1972
solidstate@walbrookpr.com (mailto:solidstate@walbrookpr.com)
Analyst Research Reports: For further analyst information and research see the
Solid State plc website: https://solidstateplc.com/research/
(https://urldefense.proofpoint.com/v2/url?u=https-3A__solidstateplc.com_research_&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=05PHl3GHdShYuaCii2fBRpoqaNr9B1d97X09daeosu0&m=JmX-gQVke87P3UDBxQzNglNm9FfzH5yZtIa_SmElSS4&s=ib8r3ul2tCaEvJ39SnR1LT7nCa7gAcRQzgO-kNoyZoM&e=)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Matthew Richards
2 Reason for the notification
a) Position/status Executive Director
b) Initial notification /Amendment Initial Notification
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, type of instrument
Ordinary shares of 5p each
Identification code
GB0008237132
b) Nature of the transaction Transfer of ordinary shares to ISA via sale and subsequent repurchase (Bed and
ISA)
c) Price(s) and volume(s)
Price(s) Volume(s)
Sale 1340p 1,485
Purchase 1342p 1,485
d) Aggregated information
- Aggregated volume N/A - single transactions
- Price
e) Date of the transaction 17 April 2024
f) Place of the transaction AIMX
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transactions
e)
Date of the transaction
17 April 2024
f)
Place of the transaction
AIMX
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Peter James
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial Notification
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, type of instrument
Ordinary shares of 5p each
Identification code
GB0008237132
b) Nature of the transaction Transfer of ordinary shares to ISA via sale and subsequent repurchase (Bed and
ISA)
c) Price(s) and volume(s)
Price(s) Volume(s)
Sale 1340p 1,493
Purchase 1342p 1,493
d) Aggregated information
- Aggregated volume N/A - single transactions
- Price
e) Date of the transaction 16 April 2024
f) Place of the transaction AIMX
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transactions
e)
Date of the transaction
16 April 2024
f)
Place of the transaction
AIMX
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Peter James
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial Notification
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, type of instrument
Ordinary shares of 5p each
Identification code
GB0008237132
b) Nature of the transaction Transfer of ordinary shares to ISA via sale and subsequent repurchase (Bed and
ISA)
c) Price(s) and volume(s)
Price(s) Volume(s)
Sale 1350p 32
Purchase 1356.9p 38
d) Aggregated information
- Aggregated volume N/A - single transactions
- Price
e) Date of the transaction 18 April 2024
f) Place of the transaction AIMX
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transactions
e)
Date of the transaction
18 April 2024
f)
Place of the transaction
AIMX
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 (https://bit.ly/3kzddx7)
Operating through two main divisions: Systems (Steatite, Active Silicon &
Custom Power) and Components (Solsta & Pacer); 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 four years.
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