Director/PDMR Shareholding

RNS Number : 5012I

Solid State PLC

25 July 2012

 



SOLID STATE PLC

(AIM: SSP.L)

Director / PDMR Shareholding

Solid State plc ("Solid State" or "the Company"), the AIM listed supplier of industrial/ruggedised computers, specialist electronic components and battery power solutions to the electronics market, announces that it has issued and allotted 60,000 ordinary shares of 5 pence each ("Ordinary Shares"), at an exercise price of 62 pence, to John Macmichael (Director) following the exercise of options under the Company's Enterprise Management Incentive Scheme.

Accordingly, application has been made for the 60,000 new Ordinary Shares to be admitted to trading on AIM and it is expected that admission will take place on or about 8.00 a.m. on 27 July 2012 ("Admission").

Further to this exercise, John Macmichael has sold 17,000 Ordinary Shares at 233 pence each in order to meet the cost of exercise.  Following Admission, John Macmichael's revised holding in the Company will be 54,000, representing approximately 0.79% of the enlarged share capital.

In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R) the Company hereby notifies the market that immediately following Admission its issued share capital will consist of 6,851,431 Ordinary Shares. The Company does not hold any shares in treasury. Shareholders may use these 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 FSA's Disclosure and Transparency Rules.

Contacts:
Solid State  plc	www.solidstateplc.com
Gary Marsh, Chief Executive	[phone]
WH Ireland Limited	www.wh-ireland.co.uk
Mike Coe / Marc Davies	[phone]
Winningtons
Tom Cooper/ Paul Vann	[phone]
	[phone]

 

END

 

 

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