REG - Solid State PLC - Director/PDMR Shareholding

Solid StateAnnouncement

27/08/2024 18:00

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RNS Number : 8854B  Solid State PLC  27 August 2024

 

27 August 2024

 

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
dealings. On 22 August 2024, Gary Marsh sold 2,997 ordinary shares of 5p each
in the capital of the Company ("Ordinary  Shares") from his personal holding
at a price of £13.35 per share. On 27 August 2024, he subsequently purchased
1,498 Ordinary Shares at a price of £13.44 into his ISA account and his
spouse, Laura Marsh, also purchased 1,499 Ordinary Shares at a price of
£13.44 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                                                     Via Walbrook

 Gary Marsh - Chief Executive

 Peter James - Group Finance Director
 Cavendish Capital Markets Limited (Nominated Adviser & Broker)

 Adrian Hadden / Callum Davidson (Corporate Finance)                 020 7397 8900

 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=)

 

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 425 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.

 

 

 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 from personal holding and purchase by ISA

 c)   Price(s) and volume(s)

         Date            Price(s)  Volume(s)

                                                            Sale             22 August 2024  1335p     2,997
                                                                   Purchase by ISA  27 August 2024  1344p     1,498

 d)   Aggregated information

      - Aggregated volume

       Sales                                                       2,997

      Purchase                                                     1,498

      - Price

       Sales                                                       £40,009.95

      Purchase                                                     £20,133,12

 e)   Date of the transaction                                      Sale from personal holding - 22 August 2024

                                                                   Purchase into ISA - 27 August 2024
 f)   Place of the transaction                                     AIMX

d)

 

Aggregated information

 

 

- Aggregated volume

 Sales

Purchase

- Price

 Sales

Purchase

 

 

 

 

2,997

1,498

 

£40,009.95

£20,133,12

 

e)

 

Date of the transaction

 

Sale from personal holding - 22 August 2024

Purchase into ISA - 27 August 2024

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

                                                                   Ordinary shares of 5p each

      Identification code

                                                                   GB0008237132

 b)   Nature of the transaction                                    Purchase by ISA

 c)   Price(s) and volume(s)

         Price(s)  Volume(s)

                                                            Purchase by ISA  1344p     1,499

 d)   Aggregated information

                                                                   N/A - single transaction

 e)   Date of the transaction                                      27 August 2024

 f)   Place of the transaction                                     AIMX

d)

 

Aggregated information

 

 

 

N/A - single transaction

e)

 

Date of the transaction

 

27 August 2024

f)

 

Place of the transaction

 

AIMX

 

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