REG - Solid State PLC - Director/PDMR Dealing
RNS Number : 9395SSolid State PLC22 March 2021
Solid State plc
("Solid State" or the "Company")
Director/PDMR Dealing
Solid State plc (AIM: SOLI), the AIM listed manufacturer of computing, power and communications products, and value added supplier of electronic components, announces that it has been informed that Peter Magowan, a Non-Executive Director of Solid State, purchased shares in the Company.
Following the dealing, Peter Magowan's holding is as follows:
Name
Number of shares purchased
Percentage (%) of Voting Share Capital
Peter Magowan
4,000
0.05%
The below notification made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Peter Magowan
2
Reason for the notification
a)
Position/status
Non-Executive 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
Purchase
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£9.06
4,000
d)
Aggregated information
- Aggregated volume
- Price
4,000
£36,240
e)
Date of the transaction
19 March 2021
f)
Place of the transaction
London Stock Exchange, AIM
For further information please contact:
Solid State plc
Via Walbrook
Gary Marsh - Chief Executive
Peter James - Group Finance Director
WH Ireland (Nominated Adviser & Joint Broker)
0207 220 1666
Mike Coe / Chris Savidge (Corporate Finance)
Jasper Berry / David Kilbourn (Corporate Broking / Sales)
finnCap (Joint Broker)
Ed Frisby (Corporate Finance)
Rhys Williams / Tim Redfern (Sales / ECM)
020 7220 0500
Walbrook PR (Financial PR)
020 7933 8780
Tom Cooper / Nick Rome / Nicholas Johnson
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 (SOLI) is a value added electronics group supplying commercial, industrial and military markets with durable components, assemblies and manufactured units for use in specialist and harsh environments. The Group's mantra is - 'Trusted technology for demanding applications'. To see an introductory video on the Group - https://bit.ly/3kzddx7
Operating through two main divisions: Manufacturing (Steatite & Active Silicon) and Value Added Supplies (Solid State Supplies, Pacer, Willow Technologies & AEC); 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, Solid State employs over 275 staff across the UK with a production facility in the USA, serving specialist markets in oil & gas production, transportation, medical, construction, security, military and field maintenance.
Solid State was established in 1971 and admitted to AIM in June 1996. The Group has grown organically and by acquisition - having made 12 acquisitions since 2002.
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