Director/PDMR Shareholding

RNS Number : 0575H
Solid State PLC
20 March 2020
 

 

 

20 March 2020

 

Solid State plc

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

Director Dealing

 

Solid State plc announces that it has been informed of the following dealing in ordinary shares of 5p each in the capital of the Company ("Ordinary Shares"):

 

On 20 March 2020, Matthew Richards, Executive Director, purchased 1,500 Ordinary Shares at a price of 348 pence per share. Following this purchase, his beneficial shareholding will be 6,425 Ordinary Shares.

 

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Matthew Richards

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Executive 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

Ordinary Shares of 5p each



Identification code

GB0008237132



b)

 

Nature of the transaction

 

 

Purchase

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)


Purchase


348p

1,500

 

 




d)

 

Aggregated information




- Aggregated volume Purchases

1,500

- Aggregated Purchase Price

£5,220



e)

 

Date of the transaction

 

20/03/2020

f)

 

Place of the transaction

London Stock Exchange, AIM

 

 

For further information please contact:

 

Enquiries:

 

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)

0117 945 3470

Mike Coe / Chris Savidge (Corporate Finance)

Jasper Berry / David Kilbourn (Corporate Broking / Sales)

 


finnCap (Joint Broker)

Ed Frisby / Kate Bannatyne (Corporate Finance)

Tim Redfern / Rhys Williams (ECM / Sales)

020 7220 0500



Walbrook PR (Financial PR) 

020 7933 8780

Tom Cooper / Paul Vann

0797 122 1972


tom.cooper@walbrookpr.com  

 

 

 

 

Notes to Editors:

 

Solid State plc (SOLI) is a leading value added group of companies providing specialist distribution, design-in and manufacturing services to those acquiring computing, power and communications products; and electronic and optoelectronic components; 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 the UK with a sales office in the USA.  Solid State operates through two main divisions: Manufacturing and Value Added Distribution.

 

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

 

 


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