PCA Dealings

Solid State PLC
15 April 2024
 

 

15 April 2024

 

Solid State plc

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

PCA Dealings

 

Solid State plc (AIM: SOLI), the specialist value-added component supplier and design-in manufacturer of computing, power, and communications products, announces that Rosemary James, wife of Peter James, Chief Financial Officer has transferred ordinary shares of 5p each ("Ordinary Shares") from her personal holding to her ISA through sale of 1,493 Ordinary Shares at £13.40 per share and subsequent re-purchase of 1,491 Ordinary Shares at £13.40 per share.

 

Furthermore, the Company announces that it has transferred 13,950 Ordinary Shares out of Treasury to the All-Employee Share Plan. Following this transfer, the Company's total issued share capital remains at 11,376,644, of which 19,996 are now held in Treasury. Therefore, the total number of voting rights in the Company is 11,356,648. 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.

 

Further detail of these transactions are set out below.

 

 

For further information please contact:

 

Solid State plc

Gary Marsh - Chief Executive

Peter James - Group Finance Director

Via Walbrook

Cavendish Capital Markets Limited (Nominated Adviser & Broker)

Adrian Hadden / Callum Davidson (Corporate Finance)

Jasper Berry / Tim Redfern (Sales / ECM)

 

020 7397 8900

020 7220 0500

Walbrook PR (Financial PR)               

Tom Cooper / Nick Rome / Joe Walker 

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/

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

Rosemary James

2

 

Reason for the notification

 

a)

 

Position/status

 

Wife of Peter James, Chief Financial Officer of Solid State plc

 

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

 

Transfer of ordinary shares to ISA via sale and subsequent repurchase (Bed and ISA)

c)

 

Price(s) and volume(s)

 

 

 

 

 


Price(s)

 

Volume(s)

Sale

1340p

1,493

Purchase

1340p

1,491


d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

N/A - single transactions

e)

 

Date of the transaction

 

10 April 2024

 

f)

 

Place of the transaction

 

AIMX

 

 

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 (Solsta & Pacer); 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 four years.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

Solid State (SOLI)
UK 100