Director Dealing

RNS Number : 2790W

Solid State PLC

23 December 2013

 



23 December 2013

SOLID STATE PLC

(AIM: SSP)

Director Dealing

Solid State plc (AIM: SSP) ("Solid State", the "Group" or "the Company"), the AIM listed supplier of specialist industrial/ruggedised computers, electronic components, antennae, microwave systems and battery power solutions to the electronics market, is pleased to announce that following the oversubscribed placing as announced earlier today, Gordon Comben and William Marsh, Chairman and Non-executive director respectively, have each agreed to sell 100,000 and 88,000 Ordinary Shares respectively at a price of 242 pence per share.

Directors' interests

Following Admission of the placing shares and the sales of the Director's shares as disclosed above, the interests in the voting share capital of the Company will be as follows:

Name	Total Number of Ordinary Shares	Percentage (%) of Share Capital
Gordon Comben	1,900,000	23.08
Tony Frere	106,000	1.29
Gary Marsh	511,807	6.22
Peter Haining	52,500	0.66
John Lavery	438,961	6.68
John Macmichael	142,085	1.73
William Marsh	1,300,000	15.79

For further information please contact:

Solid State plc	http://www.solidstateplc.com
Gary Marsh - Chief Executive	[phone]
	[e-mail]
WH Ireland (Nominated Adviser)	www.wh-ireland.co.uk
Mike Coe	[phone]
Winningtons (Financial PR)	[phone]
Tom Cooper/Paul Vann	[phone]
	[e-mail]

Notes to Editors:

Solid State plc (SSP) owns a group of companies providing specialist design-in and value added manufacturing services to those acquiring industrial/rugged computing products, battery power solutions, antennae, microwave systems and electronic 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 distributor to OEMs and bespoke manufacturer of specialist units to clients with complex requirements.

Headquartered in Redditch, Solid State employs over 120 staff across three sites.  Solid State operates through two main divisions: Steatite and Solid State Supplies.

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

 

END

 

 

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