Director Dealing

RNS Number : 5923U

Solid State PLC

02 August 2022

 

2 August 2022

Solid State plc

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

Directors Dealing

Solid State (AIM: SOLI), the specialist value added component supplier and design-in manufacturer of computing, power and communications products, announces that following the Admission of the Fundraising Shares today and following the related announcements on 27 and 29 July 2022, the shareholdings of the Directors and their spouses are as follows:

Name	Number of Director Subscription Shares Subscribed for	Holding following Admission (New Ordinary Shares)	Percentage (%) Enlarged Issued Share Capital following Admission
Nigel Rogers	1,951	6,351	0.06%
Gary Marsh	976	281, 868	2.49%
Peter James	2,439	5, 644	0.05%
Peter Magowan	2,927	6,927	0.06%
Matthew Richards	1,951	12, 327	0.11%
Peter Haining	1,951	56, 578	0.50%
John Macmichael	1,951	124,442	1.10%

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Julie Rogers
2	Reason for the notification
a)	Position/status	PCA (wife of Nigel Rogers, Non-Executive Chairman)
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
c)	Price(s) and volume(s)	Price(s) Volume(s) 1,025p   1,951
d)	Aggregated information  Volume Price	1,951 £19,997.75
e)	Date of the transaction	2 August 2022
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gary Marsh
2	Reason for the notification
a)	Position/status	Chief Executive Officer
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
c)	Price(s) and volume(s)	Price(s) Volume(s) 1,025p   976
d)	Aggregated information  Aggregated volume Price	976 £10,004.00
e)	Date of the transaction	2 August 2022
f)	Place of the transaction	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	PCA ( wife 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
c)	Price(s) and volume(s)	Price(s) Volume(s) 1,025p   2,439
d)	Aggregated information   Aggregated volume   Price	2,439     £24,999.75
e)	Date of the transaction	2 August 2022
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Magowan
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 Identification code	Ordinary shares of 5p each GB0008237132
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) 1,025p   2,927
d)	Aggregated information  Aggregated volume   Price	2,927     £30,001.75
e)	Date of the transaction	2 August 2022
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	Purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) 1,025p   1,951
d)	Aggregated information  Aggregated volume   Price	1,951     £19,997.75
e)	Date of the transaction	2 August 2022
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Haining
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 Identification code	Ordinary shares of 5p each GB0008237132
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) 1,025p   1,951
d)	Aggregated information  Aggregated volume   Price	1,951     £19,997.75
e)	Date of the transaction	2 August 2022
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Macmichael
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	Purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) 1,025p   1,951
d)	Aggregated information Aggregated volume   Price	1,951     £19,997.75
e)	Date of the transaction	2 August 2022
f)	Place of the transaction	London Stock Exchange, AIM

For further information please contact:

Solid State plc	01527 830 630
Gary Marsh - Chief Executive Peter James - Group Finance Director	[e-mail]
WH Ireland (Nominated Adviser & Joint Broker)	020 7220 1666
Mike Coe / Sarah Mather (Corporate Finance) Fraser Marshall (Corporate Broking/ Sales)
finnCap (Joint Broker)	020 7220 0500
Ed Frisby / Kate Bannatyne (Corporate Finance) Rhys Williams / Tim Redfern (Sales / ECM)
Walbrook PR (Financial PR)	020 7933 8780
Tom Cooper / Paul Vann	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 (SOLI) is a value added electronics group supplying commercial, industrial and military markets with durable components, assemblies and manufactured units for use in specialist and harsh environments.  The Group's mantra is - 'Trusted technology for demanding applications'.  To see an introductory video on the Group -    https://bit.ly/3kzddx7    

Operating through two main divisions: Systems (Steatite & Active Silicon) and Components (Solid State Supplies, Pacer, Willow Technologies & AEC); 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 300 staff across UK and US, serving specialist markets 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 12 acquisitions since 2002.

 

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