REG - Solid State PLC - Director/PDMR Shareholding

Solid StateAnnouncement

31/03/2020 16:00

RNS Number : 2835I
  
Solid State PLC
  
31 March 2020
  
 

31 March 2020            
 
SOLID STATE PLC
("Solid State", the "Company" or the "Group")
Director Bed & ISA Dealings
 
 
Solid State plc (AIM: SOLI), the AIM listed manufacturer of computing, power and communications products, and value added distributor of electronic components, announces that it has been informed of the following dealings in ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") by Gary Marsh, Chief Executive of the Company: 
 
On 24 March 2020, Mr Marsh sold 5,700 Ordinary Shares at a price of 305 pence per share and purchased 5,700 Ordinary Shares into an ISA account held by him at a price of 305 pence per share. 
 
On 30 March 2020, Mr Marsh sold 860 Ordinary Shares at a price of 360 pence per share and purchased 860 Ordinary Shares into an ISA account held by him at a price of 360 pence per share.
 
Following these transactions, Mr Marsh's beneficial shareholding remains unchanged at 280,849 Ordinary Shares, representing 3.29% of the Company's voting share capital.
 
 
For further information please contact:
 




Solid State plc 


01527 830 630




Gary Marsh - Chief Executive
Peter James - Group Finance Director


investor.information@solidstateplc.com 




 


 




WH Ireland (Nominated Adviser & Joint Broker)


0117 945 3470




Mike Coe / Chris Savidge (Corporate Finance)
Jasper Berry / David Kilbourn (Corporate Broking / Sales)
 


 




finnCap (Joint Broker)
Ed Frisby / Kate Bannatyne (Corporate Finance)
Emily Morris / Rhys Williams (Corporate Broking / Sales)


020 7220 0500




 


 




Walbrook PR (Financial PR)      


020 7933 8780




Tom Cooper / Paul Vann


0797 122 1972




 


tom.cooper@walbrookpr.com  




 
 




1 
 


Details of the person discharging managerial responsibilities / person closely associated 
 




a) 
 


Name


Gary Marsh 




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 
 
Identification code 


 
Ordinary shares of 5p each
 
GB0008237132
 




b) 
 


Nature of the transaction 
 


Sale and purchase




c) 
 


Price(s) and volume(s) 
 
 
 
 


 




Type


Date


Price(s)
 


Volume(s)




Sale


24/03/2020


305p


5,700
 




Purchase


24/03/2020


305p


5,700
 




Sale


30/03/2020


360p


860




Purchase


30/03/202


360p


860




 




d) 
 


Aggregated information 
 
 
- Aggregated volume 
 
Sales
 
Purchases
 
 
- Price 
 
Sales
 
Purchases
 


 
 
 
 
 
6,560
 
6,560
 
 
 
 
20,481
 
20,481




e) 
 


Date of the transaction 
 


24 March 2020
30 March 2020




f) 
 


Place of the transaction 
 


London Stock Exchange, AIM




 
 
 
 
Notes to Editors:
 
Solid State plc (SOLI) is a value added electronics group supplying industrial and military markets with ruggedised/durable components, assemblies and manufactured units for use in harsh environments.  The Group's mantra is - 'Trusted technology for demanding applications'.  To see an introductory video on the Group - https://youtu.be/bp4WfLCEc5Y 
 
Operating through two main divisions: Manufacturing (Steatite) and Value Added Distribution (Solid State Supplies & Pacer); the Group specialises in complex engineering challenges often requiring design-in support and component sourcing for computing, power, communications, electronic and optoelectronic products.
 
Headquartered in Redditch, Solid State employs over 200 staff across the UK with a branch office in the USA, serving specialist markets in oil & gas production, transportation, medical, construction, security, military and field maintenance.  
 
Solid State was established in 1971 and admitted to AIM in June 1996.  The Group has grown organically and by acquisition - having made 10 acquisitions.
 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
  END
 
 
DSHUAVSRRSUOOAR