REG - Solid State PLC - Transfer of Treasury Shares & TVR

Solid StateAnnouncement

29/04/2024 15:30

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RNS Number : 4590M  Solid State PLC  29 April 2024

 

29 April 2024

 

Solid State plc

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

Transfer of Treasury Shares and Total Voting Rights

 

Solid State plc (AIM: SOLI), the specialist value-added component supplier and
design-in manufacturer of computing, power, and communications products,
announces that on 27 February 2023, the Company transferred 12,800 ordinary
shares of 5p each ("Ordinary Shares") from Treasury to the Company's
All-Employee Share Plan, to satisfy future awards under the Company's Staff
All Employee Share Ownership Plan.

 

Accordingly, the Company confirms that a total of 7,196 Ordinary Shares are
currently held in treasury. The Company's total issued share capital remains
11,376,644 Ordinary Shares. Therefore, the total number of voting rights in
the Company is 11,369,448. 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.

 

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 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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