PDMR & PCA Dealings

Solid State PLC

06 October 2026

 

 

6 October 2026

Solid State plc

(“Solid State”, the “Group” or the “Company”)

PDMR & PCA Dealings

The Company announces the following transactions undertaken by certain persons discharging managerial responsibilities (“PDMRs”) and their persons closely associated.

Matthew Richards, Director, has undertaken the following dealings together with PCAs involving ‘Bed and ISA’ transactions:

Date	Nature of transaction	Number of ordinary shares	Price per share (p)
5 October	Sale of Ordinary Shares by Matthew from personal holding	12,000	164.9
5 October	Purchase of Ordinary Shares by Matthew into his ISA	12,000	165
5 October	Purchase of Ordinary Shares by Matthew’s children into their ISAs	24,000	165
5 October	Sale of Ordinary Shares by Lynette Richards	36,000	164.9
5 October	Purchase of Ordinary Shares by Lynette Richards into ISA	12,000	165

Following the above transactions, Matthew’s shareholding, including those held by his persons closely associated, remains unchanged.

Pete James, Group Finance Director, has undertaken the following dealings together with PCAs involving ‘Bed and ISA’ transactions:

Date	Nature of transaction	Number of ordinary shares	Price per share (p)
5 October	Sale of Ordinary Shares by Pete James from personal holding	23,176	163.987
5 October	Purchase of Ordinary Shares by Pete into his ISA	11,932	167.6
5 October	Purchase of Ordinary Shares by Pete’s children into their ISAs	10,808	166.45
6 October	Purchase of Ordinary Shares by Pete’s children into their ISAs	445	166
5 October	Sale of Ordinary Shares by Rosemary James	12,050	166
5 October	Purchase of Ordinary Shares by Rosemary James into her ISA	12,043	166

Following these transactions, Pete’s shareholding, including those held by his persons closely associated, has increased to 192,906 Ordinary Shares.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter James
2	Reason for the notification
a)	Position/status	Group Finance 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 Identification code	Ordinary shares of 5p each GB0008237132
b)	Nature of the transaction	Sale of shares        Purchase of shares into ISA
c)	Price(s) and volume(s)	Transaction Type Price(s) Volume(s)   Sale of shares 163.987 23,176   Purchase of shares into ISA 167.5 11,932
d)	Aggregated information - Aggregated volume - Price	N/A – single transaction N/A – single transaction
e)	Date of the transaction	5 October 2026 5 October 2026
f)	Place of the transaction	London Stock Exchange - AIM London Stock Exchange - AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rosemary James
2	Reason for the notification
a)	Position/status	Spouse and PCA of Pete James, Group Finance 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 Identification code	Ordinary shares of 5p each GB0008237132
b)	Nature of the transaction	Sale of shares        Purchase of shares into ISA
c)	Price(s) and volume(s)	Transaction Type Price(s) Volume(s)   Sale of shares 166 12,050   Purchase of shares into ISA 166 12,043
d)	Aggregated information - Aggregated volume - Price	N/A – single transaction N/A – single transaction
e)	Date of the transaction	5 October 2026 5 October 2026
f)	Place of the transaction	London Stock Exchange - AIM London Stock Exchange - AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	William James
2	Reason for the notification
a)	Position/status	Son and PCA of Peter James, Group Finance 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 Identification code	Ordinary shares of 5p each GB0008237132
b)	Nature of the transaction	Purchase of shares into ISA Purchase of shares into ISA
c)	Price(s) and volume(s)	Type Price(s) Volume(s) 1. Purchase of shares into ISA 166.6 5,399 2. Purchase of shares into ISA 166 220
d)	Aggregated information - Aggregated volume - Price	N/A – single transaction N/A – single transaction
e)	Date of the transaction	1. 5 October 2026  2. 6 October 2026
f)	Place of the transaction	London Stock Exchange - AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Emily James
2	Reason for the notification
a)	Position/status	Daughter and PCA of Peter James, Group Finance 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 Identification code	Ordinary shares of 5p each GB0008237132
b)	Nature of the transaction	Purchase of shares into ISA Purchase of shares into ISA
c)	Price(s) and volume(s)	Type Price(s) Volume(s) 1. Purchase of shares into ISA 166.3 5,409 Purchase of shares into ISA 166 225
d)	Aggregated information - Aggregated volume - Price	N/A – single transaction N/A – single transaction
e)	Date of the transaction	1. 5 October 2026  2. 6 October 2026
f)	Place of the transaction	London Stock Exchange - AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Matthew Richards
2	Reason for the notification
a)	Position/status	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 Identification code	Ordinary shares of 5p each GB0008237132
b)	Nature of the transaction	Sale of shares Purchase of shares into ISA
c)	Price(s) and volume(s)	Transaction Type Price(s) Volume(s)   Sale of shares by Matthew 164.9 12,000   Purchase of shares into ISA 165 12,000
d)	Aggregated information - Aggregated volume - Price	N/A – single transaction N/A – single transaction
e)	Date of the transaction	5 October 2026 5 October 2026
f)	Place of the transaction	London Stock Exchange - AIM London Stock Exchange - AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lynette Richards
2	Reason for the notification
a)	Position/status	Spouse and PCA of Matthew Richards, 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 Identification code	Ordinary shares of 5p each GB0008237132
b)	Nature of the transaction	Sale of shares Purchase of shares into ISA
c)	Price(s) and volume(s)	Transaction Type Price(s) Volume(s)   Sale of shares 164.9 36,000   Purchase of shares into ISA 166p 12,043
d)	Aggregated information - Aggregated volume - Price	N/A – single transaction N/A – single transaction
e)	Date of the transaction	5 October 2026 5 October 2026
f)	Place of the transaction	London Stock Exchange - AIM London Stock Exchange - AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marcus Richards
2	Reason for the notification
a)	Position/status	Son and PCA of Matthew Richards, 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 Identification code	Ordinary shares of 5p each GB0008237132
b)	Nature of the transaction	Purchase of shares into ISA
c)	Price(s) and volume(s)	Type Price(s) Volume(s) Purchase of shares into ISA 165 12,000
d)	Aggregated information - Aggregated volume - Price	N/A – single transaction
e)	Date of the transaction	5 October 2026
f)	Place of the transaction	London Stock Exchange - AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Henry Richards
2	Reason for the notification
a)	Position/status	Son and PCA of Matthew Richards, 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 Identification code	Ordinary shares of 5p each GB0008237132
b)	Nature of the transaction	Purchase of shares into ISA
c)	Price(s) and volume(s)	Type Price(s) Volume(s) Purchase of shares into ISA 165 12,000
d)	Aggregated information - Aggregated volume - Price	N/A – single transaction
e)	Date of the transaction	5 October 2026
f)	Place of the transaction	London Stock Exchange - AIM

For further information please contact:

Solid State plc John Macmichael - Chief Executive Officer 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 7220 0500
Walbrook PR (Financial PR)                Tom Cooper / Nick Rome / Marcus Ulker	020 7933 8780 0797 122 1972 [e-mail]

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 (AIM: SOLI) is a leading value-added electronics group supplying industrial and defence markets with durable components, assemblies and manufactured systems for use in critical applications, with a particular emphasis on harsh operational environments. Solid State's products are found around the world, from the ocean floor and into space, ensuring the smooth operation of systems that augment our everyday lives.

The Company has a core focus on industrial and ruggedised computing, battery power solutions, antennas, secure radio systems, imaging technologies, and electronic components & displays.

Operating through three divisions (Systems, Power and Components) the Group thrives on complex engineering challenges, often requiring design-in support and component sourcing. Serving a wide range of industries, with a particular focus on defence, energy production, aerospace, environmental, oceanographic, industrial, robotics, medical, life sciences, and transportation, the Solid State trading brands have become synonymous with quality and reliability. The Group operates under the brands of Steatite, Solsta, Custom Power, Pacer, Active Silicon, Gateway, Durakool and Q-Par.

Solid State plc is headquartered in Redditch, UK, and employs over 425 people around the world. The business has seven production facilities in the UK and one in the USA. In total, including all office locations, the Group operates from 13 national and international sites.

Solid State was established in 1971 and admitted to AIM in June 1996.  The Group has grown organically and by acquisition - having made five acquisitions in the last five years.  

Take a look at the videos below for more insight into the Solid State Group.

Introduction to Solid State - https://youtu.be/1M_Q_B1mYic

Why invest in Solid State? - https://youtu.be/ShmTz6005ws

 

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