REG - Solid State PLC - Annual Financial Report & PDMR Dealings
11/07/2024 07:00
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RNS Number : 9302V Solid State PLC 11 July 2024
11 July 2024
Solid State plc
("Solid State", the "Group" or the "Company")
Publication of Annual Report
&
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 publication of its 2024 Annual Report & Accounts which is
available to view on the Company's website at
https://solidstateplc.com/wp-content/uploads/2024/07/31612-Solid-State-plc-AR2024-webready-compressed.pdf
(https://solidstateplc.com/wp-content/uploads/2024/07/31612-Solid-State-plc-AR2024-webready-compressed.pdf)
. Physical copies of the Annual Report are being sent to those shareholders
who have requested a physical copy. The Company will send its Notice of Annual
General Meeting separately containing further details of the meeting and will
make a separate announcement in due course.
The Company also announces that on 10 July 2024, Peter James, Chief Financial
Officer, purchased 699 ordinary shares of 5p each ("Ordinary Shares") at a
price of £14.30 per share. Furthermore, to satisfy institutional demand,
the Company also announces the following sales of Ordinary Shares by certain
other persons discharging managerial responsibilities.
Date of trade PDMR Position Number of Ordinary Shares sold Price per share (£)
10 July 2024 Gary Marsh Chief Executive Officer 35,000 14.20
10 July 2024 John Macmichael Director 30,000 14.20
Following these dealings, Gary Marsh, Peter James and John Macmichael hold,
including their persons closely associated, a total of 253,783 Ordinary
Shares, 13,252 Ordinary Shares and 101,353 Ordinary Shares respectively
representing, in aggregate, 3.25 per cent. of the Company's issued share
capital.
Further details 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)
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 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 Purchase of ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
£14.30 699
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 10 July 2024
f) Place of the transaction AIMX
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
10 July 2024
f)
Place of the transaction
AIMX
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
Ordinary shares of 5p each
Identification code
GB0008237132
b) Nature of the transaction Sale of ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
£14.20 35,000
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 10 July 2024
f) Place of the transaction AIMX
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
10 July 2024
f)
Place of the transaction
AIMX
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
Ordinary shares of 5p each
Identification code
GB0008237132
b) Nature of the transaction Sale of ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
£14.20 30,000
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 10 July 2024
f) Place of the transaction AIMX
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
10 July 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. 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 three years.
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