REG - Solid State PLC - Director/PDMR Shareholding
30/10/2024 16:30
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RNS Number : 2887K Solid State PLC 30 October 2024
30 October 2024
Solid State plc
("Solid State", the "Group" or the "Company")
Director/PCA 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 transactions in ordinary shares of 5p each in Solid
State Plc ("Ordinary Shares") by Matthew Richards, Director, and his persons
closely associated:
Director/PCA Nature of transaction Date Number of Ordinary Shares Price per share
Matthew Richards (Director) Sale of shares from personal holding 29 October 2024 17,450 215p
Henry Richards (Son and PCA of Matthew Richards) Purchase of shares into ISA 29 October 2024 9,200 215.25p
Marcus Richards (Son and PCA of Matthew Richards) Purchase of shares into ISA 29 October 2024 8,250 215.25p
Following these transactions, the holdings of Matthew Richards, together with
his persons closely associated, remain unchanged.
Further details are set out below.
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
Identification code
GB0008237132
b) Nature of the transaction Sale of ordinary shares
c) Price(s) and volume(s)
Type Price(s) Volume(s)
Sale of shares 215p 17,450
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 29 October 2024
f) Place of the transaction London Stock Exchange - AIMX
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
29 October 2024
f)
Place of the transaction
London Stock Exchange - AIMX
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Henry Richards
2 Reason for the notification
a) Position/status Son and PCA of Matthew Richards, Director of Solid State plc
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 Acquisition of ordinary shares by Individual Savings Account (ISA)
c) Price(s) and volume(s)
Type Price(s) Volume(s)
Acquisition of shares 215.25p 9,200
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 29 October 2024
f) Place of the transaction London Stock Exchange - AIMX
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
29 October 2024
f)
Place of the transaction
London Stock Exchange - AIMX
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Marcus Richards
2 Reason for the notification
a) Position/status Son and PCA of Matthew Richards, Director of Solid State plc
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 Acquisition of ordinary shares by Individual Savings Account (ISA)
c) Price(s) and volume(s)
Type Price(s) Volume(s)
Acquisition of shares 215.25p 8,250
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 29 October 2024
f) Place of the transaction London Stock Exchange - AIMX
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transaction
29 October 2024
f)
Place of the transaction
London Stock Exchange - AIMX
For further information please contact:
Solid State plc Via Walbrook
Gary Marsh - Chief Executive
Peter James - Group Finance Director
Cavendish Capital Markets Limited 020 7220 0500
(Nominated Adviser & Broker)
Adrian Hadden / Callum Davidson (Corporate Finance)
Jasper Berry / Tim Redfern (Sales / ECM)
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 (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 two divisions (Systems 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 and Durakool.
Solid State plc is headquartered in Redditch, UK, and employs over 400 people
around the world. The business has seven production facilities in the UK and
two in the USA. In total, including all office locations, the Group operates
from 15 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 four acquisitions
in the last four 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
(https://urldefense.proofpoint.com/v2/url?u=https-3A__youtu.be_1M-5FQ-5FB1mYic&d=DwMGaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=05PHl3GHdShYuaCii2fBRpoqaNr9B1d97X09daeosu0&m=3dW1DsO04w3fOD5H-7rw_kFgcxacpqn1XcdwanaeIt0GZ7CA-Ex3GbIRbrY8H0Qp&s=At43cSgB_l2_aLDoWAG1btwtdQsj0fGFEOvZuRER61Y&e=)
Why invest in Solid State? - https://youtu.be/ShmTz6005ws
(https://urldefense.proofpoint.com/v2/url?u=https-3A__youtu.be_ShmTz6005ws&d=DwMGaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=05PHl3GHdShYuaCii2fBRpoqaNr9B1d97X09daeosu0&m=3dW1DsO04w3fOD5H-7rw_kFgcxacpqn1XcdwanaeIt0GZ7CA-Ex3GbIRbrY8H0Qp&s=BRSABtV1H6lx3GEpH8ZgxTINGT_PRgrBvEbFa-O11Yg&e=)
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