Solid State PLC Transaction in Own Shares (5701R)
November 08 2021 - 2:00AM
UK Regulatory
TIDMSOLI
RNS Number : 5701R
Solid State PLC
08 November 2021
8 November 2021
Solid State plc
("Solid State", the "Group" or the "Company")
Transaction in Own Shares
Solid State plc (AIM: SOLI), the specialist value added
component supplier and design-in manufacturer of computing, power,
and communications products, announces that on 5 November 2021 it
purchased 7,000 of its own ordinary shares of 5p each ("Ordinary
Shares") at a price of 1136 pence to be held as treasury
shares.
The Company now holds 18,374 Ordinary Shares in treasury, and it
is anticipated that these shares will principally be used to
satisfy future awards under the Company's Staff All Employee Share
Ownership Plan.
In accordance with the Disclosure and Transparency Rules (DTR
5.6.1R) the Company hereby notifies the market that immediately
following this purchase for treasury its issued share capital will
remain the same and consist of 8,564,878 Ordinary Shares of which
18,374 are held in Treasury. Therefore, the total number of voting
rights in the Company is 8,546,504. Shareholders may use this
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.
For further information please contact:
Solid State plc
Gary Marsh - Chief Executive Via Walbrook
Peter James - Group Finance Director
WH Ireland (Nominated Adviser & Joint
Broker) 020 7220 1666
Mike Coe / Sarah Mather (Corporate
Finance)
Jasper Berry (Corporate Broking /
Sales)
finnCap (Joint Broker)
Ed Frisby (Corporate Finance)
Rhys Williams / Tim Redfern (Sales
/ ECM) 020 7220 0500
Walbrook PR (Financial PR) 020 7933 8780
Tom Cooper / Nick Rome 0797 122 1972
tom.cooper@walbrookpr.com
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: Manufacturing (Steatite
& Active Silicon) and Value Added Supplies (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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