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Share Price Information for Solid State (SOLI)

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Market Cap: £113.46m
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Director/PDMR Shareholding

28 Mar 2019 11:35

RNS Number : 3464U
Solid State PLC
28 March 2019
 

 

 

28 March 2019

 

Solid State plc

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

Director Dealing

 

Solid State plc announces that it has been informed of the following dealing in ordinary shares of 5p each in the capital of the Company ("Ordinary Shares"):

 

On 28 March 2019, Gary Marsh, Chief Executive of the Company, sold 5,200 Ordinary Shares at a price of 383 pence per share and purchased 5,125 Ordinary Shares into an ISA account held by him at a price of 383 pence per share. Following this sale and purchase, his beneficial shareholding will be 280,787 Ordinary Shares.

 

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

 

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

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 and purchase

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

Sale

383p

5,200

Purchase

383p

5,125

 

 

d)

 

Aggregated information

- Aggregated volume Sales

5,200

- Aggregated volume Purchases

5,125

- Aggregated Sales Price

£19,916

- Aggregated Purchase Price

£19,629

e)

 

Date of the transaction

 

28/03/2019

f)

 

Place of the transaction

London Stock Exchange, AIM

 

 

For further information please contact:

 

Enquiries:

 

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)

Tim Redfern / Rhys Williams (ECM / Sales)

020 7220 0500

Walbrook PR (Financial PR)

020 7933 8780

Tom Cooper / Paul Vann

0797 122 1972

tom.cooper@walbrookpr.com

 

 

 

 

Notes to Editors:

 

Solid State plc (SOLI) is a leading value added group of companies providing specialist distribution, design-in and manufacturing services to those acquiring computing, power and communications products; and electronic and optoelectronic components; for use in harsh environments.

 

Serving niche markets in oil & gas production, medical, construction, security, military and field maintenance, Solid State acts as both a component supplier to OEMs and bespoke manufacturer of specialist units to clients with complex requirements.

 

Headquartered in Redditch, Solid State employs over 200 staff across the UK with a sales office in the USA. Solid State operates through two main divisions: Manufacturing and Value Added Distribution.

 

Solid State was established in 1971 and admitted to AIM in June 1996.

 

 

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
 
 
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