Director Dealing

RNS Number : 2706E

Solid State PLC

03 July 2019

 

Solid State plc

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

Director Dealing

Solid State plc announces that it has been informed by Nigel Rogers, newly appointed independent Non-Executive Director, of the following dealing in ordinary shares of 5p each in the capital of the Company ("Ordinary Shares"):

On 2 July 2019, Nigel Rogers and his wife, Julie Rogers, purchased 2,200 Ordinary Shares each at a price of 455 pence per share. Following this purchase, their joint beneficial shareholding will be 4,400 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	Nigel Rogers (including shareholding held by his wife, Julie Rogers)
2	Reason for the notification
a)	Position/status	Non-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	Volume
			455p	4,400
d)	Aggregated information	N/A
e)	Date of the transaction	2/07/19
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	[e-mail]
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 (Corporate Finance) Rhys Williams (ECM / Sales)	020 7220 0500
Walbrook PR (Financial PR)	020 7933 8780
Tom Cooper / Paul Vann	0797 122 1972
	[e-mail]

Notes to Editors:

Solid State plc (SOLI) is a value added electronics group supplying industrial and military markets with ruggedised/durable components, assemblies and manufactured units for use in harsh environments.  The Group's mantra is - 'Trusted technology for demanding applications'.

Operating through two main divisions: Manufacturing (Steatite) and Value Added Distribution (Solid State Supplies & Pacer); the Group specialises in complex engineering challenges often requiring design-in support and component sourcing for computing, power, communications, electronic and optoelectronic products.

Headquartered in Redditch, Solid State employs over 200 staff across the UK with a branch office in the USA, serving specialist markets in oil & gas production, transportation, medical, construction, security, military and field maintenance. 

Solid State was established in 1971 and admitted to AIM in June 1996.  The Group has grown organically and by acquisition - having made 10 acquisitions.

 

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