Director/PDMR Shareholding

RNS Number : 4974A

Solid State PLC

01 February 2011

 



1 February 2011

Solid State plc (the "Company")

Purchase of Shares by the Staff All Employee Share Ownership Plan

and Dealings by Directors

Solid State plc (AIM:SSP), the AIM listed supplier of battery products, specialist electronic components and industrial/rugged computers to the electronics market, announces that it has today purchased 25,000 Ordinary Shares of 5 pence for the Staff All Employee Share Ownership Plan.  These shares were acquired each at a price of 85 pence per share from two of the Non-Executive Directors as detailed below:

Name	Number of Ordinary Shares Sold	Shareholding following Disposal	Percentage of Issued Share Capital
Gordon Comben	12,500	2,715,106	44.10%
William Marsh	12,500	1,688,000	27.42%

Following this, the Staff All Employee Share Ownership Plan holds 29,825 ordinary shares, representing 0.48 per cent. of the Company's issued share capital.

For further information please contact:

Solid State plc                                                  

Gary Marsh - Chief Executive         01892 836 836

FoxDavies                                               020 3463 5010

(Nominated Adviser)

Philip Davies

Notes to Editors:

Solid State plc (SSP) is a leading value added group of companies providing specialist distribution, design-in and manufacturing services to those acquiring batteries, electronic components and industrial/rugged computing products 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 distributor to OEMs and bespoke manufacturer of specialist units to clients with complex requirements.

Headquartered in Paddock Wood in Kent, Solid State employs 75 staff across 3 sites.  Solid State operates through three main divisions: Solid State Supplies, Steatite and Rugged Systems.

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

 

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