Last checked at 17 Jul 2023 15:00
17 July 2023
Solid State plc
("Solid State", the "Group" or the "Company")
Director's Dealings
Solid State plc (AIM: SOLI), the specialist value added component supplier and design-in manufacturer of computing, power, and communications products, announces that Sam Smith, who joins the board as Non-Executive Director with effect from 1 August 2023, today purchased 1,900 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") at a price of 1284p per share. Following this transaction, Sam holds a total of 1,900 Ordinary Shares representing approximately 0.02% of the Company's issued share capital that carry voting rights, which excludes those held in treasury.
For further information please contact:
Solid State plc Gary Marsh - Chief Executive Peter James - Group Finance Director | Via Walbrook |
Cenkos Securities plc (Nominated Adviser & Joint Broker) Adrian Hadden / Callum Davidson (Corporate Finance) Alex Pollen / Jasper Berry (Sales)
| 020 73978900 |
finnCap (Joint Broker) Ed Frisby (Corporate Finance) Rhys Williams / Tim Redfern (Sales / ECM) | 020 7220 0500 |
Walbrook PR (Financial PR) Tom Cooper / Nick Rome | 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 (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
Operating through two main divisions: Systems (Steatite, Active Silicon & Custom Power) and Components (Solid State Supplies, Pacer, Willow Technologies & AEC); 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 three years.
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name | Sam Smith | ||||||||
2
| Reason for the notification
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a)
| Position/status
| Non-Executive Director (effective from 1 August 2023) | ||||||||
b)
| Initial notification /Amendment
| Initial Notification | ||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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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 of ordinary shares | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information
- Aggregated volume |
N/A - single transaction | ||||||||
e)
| Date of the transaction
| 17 July 2023 | ||||||||
f)
| Place of the transaction
| London Stock Exchange, AIM | ||||||||