REG - Solid State PLC - PDMR/PCA Dealings

Solid StateAnnouncement

22/05/2023 12:30

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RNS Number : 2179A  Solid State PLC  22 May 2023

22 May 2023

 

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 19 May 2023, Gary Marsh sold 3,516 ordinary shares of 5p each in the
capital of the Company ("Ordinary Shares") from his personal holding at a
price of 1125p pence per share and he subsequently purchased 1,758 Ordinary
Shares at a price of 1125.75p into his ISA account. Gary Marsh's spouse, Laura
Marsh, also subsequently purchased 1,758 Ordinary Shares at a price of
1125.75p per share into her ISA account.

 

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                                                         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)

Type              Date         Price(s)  Volume(s)

                                                            Sale              19 May 2023  1125p     3,516
                                                                   Purchase by ISA   19 May 2023  1125.75p  1,758

 d)   Aggregated information

      - Aggregated volume

        Sales                                                      3,516

        Purchase                                                   1,758

      - Price

        Sales                                                      £39,555.00

        Purchase                                                   £19,790.69
 e)   Date of the transaction                                      19 May 2023

 f)   Place of the transaction                                     London Stock Exchange, AIM

d)

 

Aggregated information

 

- Aggregated volume

  Sales

  Purchase

- Price

  Sales

  Purchase

 

 

 

3,516

1,758

 

£39,555.00

£19,790.69

e)

 

Date of the transaction

 

19 May 2023

f)

 

Place of the transaction

 

London Stock Exchange, AIM

 

 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)

Type              Date         Price(s)  Volume(s)

                                                            Purchase by ISA   19 May 2023  1125.75p  1,758

 d)   Aggregated information

      - Aggregated volume

        Sales                                                      n/a

        Purchase                                                   1,758

      - Price

        Sales                                                      n/a

        Purchase                                                   £19,790.69
 e)   Date of the transaction                                      19 May 2023

 f)   Place of the transaction                                     London Stock Exchange, AIM

d)

 

Aggregated information

 

- Aggregated volume

  Sales

  Purchase

- Price

  Sales

  Purchase

 

 

 

n/a

1,758

 

n/a

£19,790.69

e)

 

Date of the transaction

 

19 May 2023

f)

 

Place of the transaction

 

London Stock Exchange, AIM

 

 

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