Last checked at 1 Jul 2020 09:43
1 July 2020
Solid State plc
("Solid State" or the "Company")
Director/PDMR Dealing
Solid State plc (AIM: SOLI), the AIM listed manufacturer of computing, power and communications products, and value added distributor of electronic and opto-electronic components, announces that it has been informed that certain Directors, as set out in tables below, have purchased shares in the Company.
Following the dealings, the holdings of the directors (including their wives) are now as follows:
Name | Number of shares purchased | Revised holding of Ordinary Shares | Percentage (%) of Voting Share Capital |
Pete James | 2,520 | 3,204 | 0.03% |
Matthew Richards | 2,900 | 10,375 | 0.12% |
The below notification made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Pete James | ||||
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
| Purchase | ||||
c)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
2,520
£14,994 | ||||
e)
| Date of the transaction
| 30 June 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | Matthew Richards | ||||
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
| Purchase | ||||
c)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
2,900
£17,126
| ||||
e)
| Date of the transaction
| 30 June 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM | ||||
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) | 0207 220 1666 |
Mike Coe / Chris Savidge (Corporate Finance) Jasper Berry / David Kilbourn (Corporate Broking / Sales)
| |
finnCap (Joint Broker) Ed Frisby / Kate Bannatyne (Corporate Finance) Rhys Williams / Tim Redfern (Sales / ECM) | 020 7220 0500 |
Walbrook PR (Financial PR) | 020 7933 8780 |
Tom Cooper / Paul Vann | 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 (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 since 2002.