Solid State Regulatory News (SOLI)

21 May 2018

Solid State plc

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

Issuance and allotment of shares for employee share bonus plan

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 issued and allotted 36,366 ordinary shares of 5 pence each ("Ordinary Shares") pursuant to the award of shares under the Company's employee share bonus plan.

Accordingly, application has been made for the 36,366 new Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on or about 8.00 a.m. on 23 May 2018 ("Admission").

In accordance with the Disclosure Guidance and Transparency Rules (DTR 5.6.1R) the Company hereby notifies the market that immediately following this transaction its issued share capital will consist of 8,532,878 Ordinary Shares of 5 pence each of which 37,394 are held in Treasury. Therefore, the total number of voting rights in the Company is 8,495,484.

Shareholders may use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. 

For further information please contact:

Notes to Editors:

Solid State plc (SOLI) is a leading value added group of companies providing specialist design-in and manufacturing services to those acquiring computing, power and communications products and electronic component services 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 five sites. Solid State operates through two main divisions: Solid State Supplies and Steatite.

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