REG - Solid State PLC - PCA Dealings

Solid StateAnnouncement

15/04/2024 17:30

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RNS Number : 6826K  Solid State PLC  15 April 2024

 

15 April 2024

 

Solid State plc

("Solid State", the "Group" or the "Company")

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 Rosemary James, wife of Peter James, Chief Financial Officer
has transferred ordinary shares of 5p each ("Ordinary Shares") from her
personal holding to her ISA through sale of 1,493 Ordinary Shares at £13.40
per share and subsequent re-purchase of 1,491 Ordinary Shares at £13.40 per
share.

 

Furthermore, the Company announces that it has transferred 13,950 Ordinary
Shares out of Treasury to the All-Employee Share Plan. Following this
transfer, the Company's total issued share capital remains at 11,376,644, of
which 19,996 are now held in Treasury. Therefore, the total number of voting
rights in the Company is 11,356,648. Shareholders may use this figure as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Further detail 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)                 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=)

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Rosemary James

 2    Reason for the notification

 a)   Position/status                                              Wife of Peter James, Chief Financial Officer 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                                    Transfer of ordinary shares to ISA via sale and subsequent repurchase (Bed and

                                                            ISA)

 c)   Price(s) and volume(s)

     Price(s)  Volume(s)

                                                            Sale      1340p     1,493
                                                                   Purchase  1340p     1,491

 d)   Aggregated information

      - Aggregated volume                                          N/A - single transactions

      - Price

 e)   Date of the transaction                                      10 April 2024

 f)   Place of the transaction                                     AIMX

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

N/A - single transactions

e)

 

Date of the transaction

 

10 April 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.

 

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