PDMR Dealings

Solid State

04/03/2026 09:06

RNS Number : 2093V

Solid State PLC

04 March 2026

 

4 March 2026

 

Solid State plc

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

PDMR Dealings

The Company announces the following transfers of existing ordinary shares to certain persons discharging managerial responsibility ("PDMRs") from the Company's All-Employee Share Plan ("AESP"), following their election to automatically reinvest dividends paid on shares held under the Company's All Employee Share Plan.

Name
Ordinary shares transferred
Resultant shareholding (including persons closely associated)
John Macmichael (Interim CEO)
5
546,207
Peter James (CFO)
5
155,404
Matthew Richards (Director)
5
148,517
Jon Baxter (Sales and Operations Director)
10
6,920

 

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

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
John Macmichael
2
Reason for the notification
a)
Position/status
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
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
Acquisition of ordinary shares following dividend re-investment
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£Nil
5
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
23 February 2026
f)
Place of the transaction
Outside a trading venue

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Peter James
2
Reason for the notification
a)
Position/status
Group Finance 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
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
Acquisition of ordinary shares following dividend re-investment
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£Nil
5
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
23 February 2026
f)
Place of the transaction
Outside a trading venue

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Matthew Richards
2
Reason for the notification
a)
Position/status
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
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
Acquisition of ordinary shares following dividend re-investment
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£Nil
5
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
23 February 2026
f)
Place of the transaction
Outside a trading venue

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jon Baxter
2
Reason for the notification
a)
Position/status
PDMR - Sales and Operations 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
Identification code
Ordinary shares of 5p each
GB0008237132
b)
Nature of the transaction
Acquisition of ordinary shares following dividend re-investment
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£Nil
10
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
23 February 2026
f)
Place of the transaction
Outside a trading venue

 

 

 

For further information please contact:

Solid State plc
John Macmichael - Interim Chief Executive
Peter James - Chief Financial Officer
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 / Marcus Ulker
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 three divisions (Systems, Power 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 425 people around the world. The business has seven production facilities in the UK and one in the USA. In total, including all office locations, the Group operates from 13 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

 

 

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