PDMR Dealings
RNS Number : 4417YSolid State PLC12 October 202612 October 2026
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 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 Macmicahel (CEO)
20
546,227
Matthew Richards (Director)
20
198,537
Peter James (CFO)
20
192,926
Jon Baxter (Sales and Operations Director)
20
6,940
Lyn Davidson (Group Financial Controller, Company Secretary)
5
5
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
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
Ordinary Shares of 5p each
GB0008237132
Identification code
b)
Nature of the transaction
Acquisition of ordinary shares following dividend re-investment
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£Nil
20
d)
Aggregated information
N/A – single transaction
- Aggregated volume
- Price
e)
Date of the transaction
29 September 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
Ordinary Shares of 5p each
GB0008237132
Identification code
b)
Nature of the transaction
Acquisition of ordinary shares following dividend re-investment
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£Nil
20
d)
Aggregated information
N/A – single transaction
- Aggregated volume
- Price
e)
Date of the transaction
29 September 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
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
GB0008237132
Identification code
b)
Nature of the transaction
Acquisition of ordinary shares following dividend re-investment
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£Nil
20
d)
Aggregated information
N/A – single transaction
- Aggregated volume
- Price
e)
Date of the transaction
29 September 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
Ordinary Shares of 5p each
GB0008237132
Identification code
b)
Nature of the transaction
Acquisition of ordinary shares following dividend re-investment
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£Nil
20
d)
Aggregated information
N/A – single transaction
- Aggregated volume
- Price
e)
Date of the transaction
29 September 2026
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Lyn Davidson
2
Reason for the notification
a)
Position/status
PDMR - Group Financial Controller, Company Secretary
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
GB0008237132
Identification code
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
N/A – single transaction
- Aggregated volume
- Price
e)
Date of the transaction
29 September 2026
f)
Place of the transaction
Outside a trading venue
For more information, please contact:
Solid State
John Macmichael - Chief Executive Officer
Peter James – Chief Financial Officer
Via Walbrook
Cavendish Capital Markets Limited
(Nominated Advisor & Joint Broker)
Adrian Hadden / Callum Davidson (Corporate Finance)
Jasper Berry (Sales / ECM)
020 7220 0500
Zeus Capital (Joint Broker)
Mike Coe / Ed Beddows (Investment Banking)
Nick Searle (Head of Equity Capital Markets)
020 3829 5000
Walbrook PR (Financial PR)
Tom Cooper / Nick Rome / Marcus Ulker
020 7933 8780
0797 122 1972
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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