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RNS Number : 2686G Solid State PLC 17 July 2023
17 July 2023
Solid State plc
("Solid State", the "Group" or the "Company")
Director's Dealings
Solid State plc (AIM: SOLI), the specialist value added component supplier and
design-in manufacturer of computing, power, and communications products,
announces that Sam Smith, who joins the board as Non-Executive Director with
effect from 1 August 2023, today purchased 1,900 ordinary shares of 5p each in
the capital of the Company ("Ordinary Shares") at a price of 1284p per share.
Following this transaction, Sam holds a total of 1,900 Ordinary Shares
representing approximately 0.02% of the Company's issued share capital that
carry voting rights, which excludes those held in treasury.
For further information please contact:
Solid State plc Via Walbrook
Gary Marsh - Chief Executive
Peter James - Group Finance Director
Cenkos Securities plc (Nominated Adviser & Joint Broker) 020 73978900
Adrian Hadden / Callum Davidson (Corporate Finance)
Alex Pollen / Jasper Berry (Sales)
finnCap (Joint Broker) 020 7220 0500
Ed Frisby (Corporate Finance)
Rhys Williams / Tim Redfern (Sales / ECM)
Walbrook PR (Financial PR) 020 7933 8780
Tom Cooper / Nick Rome 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 (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, 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.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Sam Smith
2 Reason for the notification
a) Position/status Non-Executive Director (effective from 1 August 2023)
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)
Type Date Price(s) Volume(s)
Purchase 17 July 2023 1284p per share 1,900
d) Aggregated information
- Aggregated volume N/A - single transaction
e) Date of the transaction 17 July 2023
f) Place of the transaction London Stock Exchange, AIM
d)
Aggregated information
- Aggregated volume
N/A - single transaction
e)
Date of the transaction
17 July 2023
f)
Place of the transaction
London Stock Exchange, AIM
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