Director/PDMR Shareholding

Solid State

15/05/2025 15:32

RNS Number : 8944I

Solid State PLC

15 May 2025

 

 

15 May 2025

 

Solid State plc

("Solid State", the "Group" or the "Company")

PDMR/PCA Dealings

 

Solid State plc (AIM: SOLI), the specialist value added component supplier and design-in manufacturer of computing, power, and communications products, announces that Gary Marsh, Chief Executive Officer, effected a transfer of shares held by him to his and his spouse's ISAs through the following transactions, undertaken today. Gary Marsh sold 21,622 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") from his personal holding at a price of £1.85 per share. He subsequently purchased 10,803 Ordinary Shares at a price of £1.85125 into his ISA account and his spouse, Laura Marsh, also purchased 10,802 Ordinary Shares at a price of £1.85125 per share into her ISA account.

 

Further detail is provided below in accordance with the EU Market Abuse Regulation.

 

For further information please contact:

 

Solid State plc
Gary Marsh - Chief Executive
Peter James - Group Finance Director
Via Walbrook
Cavendish Capital Markets Limited
(Nominated Adviser & Broker)
Adrian Hadden / Callum Davidson (Corporate Finance)
Jasper Berry / Tim Redfern (Sales / ECM)
020 7220 0500
Walbrook PR (Financial PR)
Tom Cooper / Nick Rome / Joe Walker
020 7933 8780
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 (AIM: SOLI) is a leading value-added electronics group supplying industrial and defence markets with durable components, assemblies and manufactured systems for use in critical applications, with a particular emphasis on harsh operational environments. Solid State's products are found around the world, from the ocean floor and into space, ensuring the smooth operation of systems that augment our everyday lives.

The Company has a core focus on industrial and ruggedised computing, battery power solutions, antennas, secure radio systems, imaging technologies, and electronic components & displays.

Operating through two divisions (Systems and Components) the Group thrives on complex engineering challenges, often requiring design-in support and component sourcing. Serving a wide range of industries, with a particular focus on defence, energy production, aerospace, environmental, oceanographic, industrial, robotics, medical, life sciences, and transportation, the Solid State trading brands have become synonymous with quality and reliability. The Group operates under the brands of Steatite, Solsta, Custom Power, Pacer, Active Silicon, Gateway, Durakool and Q-Par.

Solid State plc is headquartered in Redditch, UK, and employs over 400 people around the world. The business has seven production facilities in the UK and two in the USA. In total, including all office locations, the Group operates from 14 national and international sites.

Solid State was established in 1971 and admitted to AIM in June 1996.  The Group has grown organically and by acquisition - having made five acquisitions in the last five years.  

Take a look at the videos below for more insight into the Solid State Group.

Introduction to Solid State - https://youtu.be/1M_Q_B1mYic

Why invest in Solid State? - https://youtu.be/ShmTz6005ws

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Gary Marsh
2
Reason for the notification
a)
Position/status
Chief Executive 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
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
Sale from personal holding and purchase by ISA
c)
Price(s) and volume(s)
Date
Price(s)
Volume(s)
Sale
15 May 2025
185p
21,622
Purchase by ISA
15 May 2025
185.125p
10,803
d)
Aggregated information
- Aggregated volume
- Price
e)
Date of the transaction
15 May 2025
f)
Place of the transaction
AIMX

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Laura Marsh
2
Reason for the notification
a)
Position/status
PCA of Gary Marsh (Chief Executive 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
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
Purchase by ISA
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Purchase by ISA
185.125p
10,802
d)
Aggregated information
N/A - single transaction
e)
Date of the transaction
15 May 2025
f)
Place of the transaction
AIMX

 

 

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