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200.00    -3.00 (-1.48%)
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Spread: 10.00 (5.128%)
Market Cap: £113.46m
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Director/PDMR Shareholding

15 May 2025 15:32

RNS Number : 8944I
Solid State PLC
15 May 2025
 

 

15 May 2025

 

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 transactions, undertaken today. Gary Marsh sold 21,622 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") from his personal holding at a price of £1.85 per share. He subsequently purchased 10,803 Ordinary Shares at a price of £1.85125 into his ISA account and his spouse, Laura Marsh, also purchased 10,802 Ordinary Shares at a price of £1.85125 per share into her ISA account.

 

Further detail is provided below in accordance with the EU Market Abuse Regulation.

 

For further information please contact:

 

Solid State plc

Gary Marsh - Chief Executive

Peter James - Group Finance Director

Via Walbrook

Cavendish Capital Markets Limited

(Nominated Adviser & Broker)

Adrian Hadden / Callum Davidson (Corporate Finance)

Jasper Berry / Tim Redfern (Sales / ECM)

020 7220 0500

Walbrook PR (Financial PR)

Tom Cooper / Nick Rome / Joe Walker 

020 7933 8780

0797 122 1972

solidstate@walbrookpr.com 

 

Analyst Research Reports: For further analyst information and research see the Solid State plc website: https://solidstateplc.com/research/

 

Notes to Editors:

Solid State plc (AIM: SOLI) is a leading value-added electronics group supplying industrial and defence markets with durable components, assemblies and manufactured systems for use in critical applications, with a particular emphasis on harsh operational environments. Solid State's products are found around the world, from the ocean floor and into space, ensuring the smooth operation of systems that augment our everyday lives.

The Company has a core focus on industrial and ruggedised computing, battery power solutions, antennas, secure radio systems, imaging technologies, and electronic components & displays.

Operating through two divisions (Systems and Components) the Group thrives on complex engineering challenges, often requiring design-in support and component sourcing. Serving a wide range of industries, with a particular focus on defence, energy production, aerospace, environmental, oceanographic, industrial, robotics, medical, life sciences, and transportation, the Solid State trading brands have become synonymous with quality and reliability. The Group operates under the brands of Steatite, Solsta, Custom Power, Pacer, Active Silicon, Gateway, Durakool and Q-Par.

Solid State plc is headquartered in Redditch, UK, and employs over 400 people around the world. The business has seven production facilities in the UK and two in the USA. In total, including all office locations, the Group operates from 14 national and international sites.

Solid State was established in 1971 and admitted to AIM in June 1996. The Group has grown organically and by acquisition - having made five acquisitions in the last five years.

Take a look at the videos below for more insight into the Solid State Group.

Introduction to Solid State - https://youtu.be/1M_Q_B1mYic

Why invest in Solid State? - https://youtu.be/ShmTz6005ws

 

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

 

Identification code

 

Ordinary shares of 5p each

 

GB0008237132

 

b)

 

Nature of the transaction

 

Sale from personal holding and purchase by ISA

c)

 

Price(s) and volume(s)

 

 

 

 

 

Date

Price(s)

 

Volume(s)

Sale

15 May 2025

185p

21,622

Purchase by ISA

15 May 2025

185.125p

10,803

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

15 May 2025

f)

 

Place of the transaction

 

AIMX

 

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

 

Identification code

 

Ordinary shares of 5p each

 

GB0008237132

 

b)

 

Nature of the transaction

 

Purchase by ISA

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

 

Volume(s)

Purchase by ISA

185.125p

10,802

d)

 

Aggregated information

 

 

 

N/A - single transaction

e)

 

Date of the transaction

 

15 May 2025

f)

 

Place of the transaction

 

AIMX

 

 

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END
 
 
DSHUVOSRVRUVAAR
Date   Source Headline
20th May 201610:50 amRNSHolding(s) in Company
27th Apr 20167:00 amRNSTrading Update
3rd Mar 201611:34 amRNSHolding(s) in Company
25th Feb 201610:05 amRNSMoJ Contract Update
8th Feb 20167:00 amRNSTransfer of Shares to Staff AESOP
24th Nov 20157:00 amRNSInterim Results
5th Nov 20157:00 amRNSSolid State Supplies wins UK LED tech distribution
29th Oct 20151:15 pmRNSTrading Statement & Notice of Interim Results date
21st Oct 20157:00 amRNSDirectorate Changes
15th Sep 20153:32 pmRNSHolding(s) in Company
10th Sep 20151:25 pmRNSEdison issues research update on Solid State
9th Sep 20153:24 pmRNSResult of AGM
6th Aug 20154:20 pmRNSDirector/PDMR Shareholding
31st Jul 20157:00 amRNSHolding(s) in Company
28th Jul 20153:17 pmRNSExercise of Directors' Share Options
17th Jul 20159:45 amRNSDirector/PDMR Shareholding
15th Jul 20152:12 pmRNSIntroduction of new institutional investors
15th Jul 201511:00 amRNSPublication of year end accounts
7th Jul 20157:00 amRNSPreliminary Results
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4th Jun 20157:00 amRNSSolid State Supplies - £1m+ contract with Renishaw
2nd Apr 20157:00 amRNSTrading Update & Acquisition
30th Mar 20152:45 pmRNSHolding(s) in Company
26th Mar 20157:00 amRNSSteatite leads £1.1m battery R&D funding win
10th Dec 20144:31 pmRNSHolding(s) in Company
2nd Dec 20149:15 amRNSHolding(s) in Company
28th Nov 20141:56 pmRNSDirectors' Dealings
24th Nov 201411:30 amRNSInterim Results (Replacement)
24th Nov 20147:00 amRNSInterim Results
27th Oct 20147:00 amRNSTrading Update
15th Oct 20147:00 amRNSDirectorate Change
13th Oct 20147:00 amRNSChange of TIDM
27th Aug 20149:14 amRNSHolding(s) in Company
20th Aug 201412:00 pmRNSResult of AGM
19th Aug 20149:30 amRNSDirector/PDMR Shareholding
6th Aug 20141:00 pmRNSExercise of Directors' Share Options
5th Aug 20147:00 amRNSFinalised Contract Award with MoJ for approx £34m
15th Jul 20141:12 pmRNSContract Award
8th Jul 20147:00 amRNSDividend dates
7th Jul 20147:00 amRNSPreliminary Results
23rd May 20147:00 amRNSTrading Statement
24th Jan 201412:39 pmRNSDirectorate Change
6th Jan 201411:33 amRNSHolding(s) in Company
2nd Jan 20147:56 amRNSCompletion of Acquisition
30th Dec 20133:35 pmRNSDirectors' Interests
23rd Dec 20134:34 pmRNSDirector Dealing
23rd Dec 20137:01 amRNSAcquisition & Placing
23rd Dec 20137:00 amRNSInterim Results
4th Nov 20137:00 amRNS£1.8m Contract with MOD
8th Aug 20137:00 amRNSDirector/PDMR Shareholding

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