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RNS Number : 4590M Solid State PLC 29 April 2024
29 April 2024
Solid State plc
("Solid State", the "Group" or the "Company")
Transfer of Treasury Shares and Total Voting Rights
Solid State plc (AIM: SOLI), the specialist value-added component supplier and
design-in manufacturer of computing, power, and communications products,
announces that on 27 February 2023, the Company transferred 12,800 ordinary
shares of 5p each ("Ordinary Shares") from Treasury to the Company's
All-Employee Share Plan, to satisfy future awards under the Company's Staff
All Employee Share Ownership Plan.
Accordingly, the Company confirms that a total of 7,196 Ordinary Shares are
currently held in treasury. The Company's total issued share capital remains
11,376,644 Ordinary Shares. Therefore, the total number of voting rights in
the Company is 11,369,448. Shareholders may use this figure as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the FCA's Disclosure Guidance and Transparency Rules.
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=)
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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