18 April 2024
Solid State
plc
("Solid
State", the "Group" or the "Company")
PDMR
Dealings
Solid State plc (AIM: SOLI), the
specialist value-added component supplier and design-in
manufacturer of computing, power, and communications products,
announces that Matthew Richards, Executive Director, has
transferred ordinary shares of 5p each ("Ordinary Shares") from his
personal holding to his ISA through the sale of 1,485 Ordinary
Shares at £13.40 per share and subsequent re-purchase of 1,485
Ordinary Shares at £13.42 per share.
Furthermore, Peter James, Chief
Financial Officer, has also transferred Ordinary Shares from his
personal holding to his ISA through the following
dealings:
Date
|
Nature of Transaction
|
Number of Ordinary Shares
|
Price per share (£)
|
16 April 2024
|
Sale from personal
holding
|
1,493
|
13.40
|
16 April 2024
|
Purchase into ISA
|
1,493
|
13.42
|
18 April 2024
|
Sale from personal
holding
|
32
|
13.50
|
18 April 2024
|
Purchase into ISA
|
38
|
13.569
|
Further detail of these transactions
are set out below.
For
further information please contact:
Solid State plc
Gary Marsh - Chief
Executive
Peter James - Group Finance
Director
|
Via Walbrook
|
Cavendish Capital Markets Limited (Nominated Adviser & Broker)
Adrian Hadden / Callum Davidson
(Corporate Finance)
Jasper Berry / Tim Redfern (Sales /
ECM)
|
020 7397 8900
020 7220 0500
|
Walbrook PR (Financial
PR)
Tom Cooper / Nick Rome / Joe
Walker
|
020 7933 8780
0797 122 1972
solidstate@walbrookpr.com
|
Analyst Research Reports:
For further analyst information and research see
the Solid State plc website:
https://solidstateplc.com/research/
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Matthew Richards
|
2
|
Reason for the notification
|
a)
|
Position/status
|
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
|
Transfer of ordinary shares to ISA
via sale and subsequent repurchase (Bed and ISA)
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
Sale
|
1340p
|
1,485
|
Purchase
|
1342p
|
1,485
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A - single transactions
|
e)
|
Date of the transaction
|
17 April 2024
|
f)
|
Place of the transaction
|
AIMX
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Peter James
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief Financial 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
|
Transfer of ordinary shares to ISA
via sale and subsequent repurchase (Bed and ISA)
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
Sale
|
1340p
|
1,493
|
Purchase
|
1342p
|
1,493
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A - single transactions
|
e)
|
Date of the transaction
|
16 April 2024
|
f)
|
Place of the transaction
|
AIMX
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Peter James
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief Financial 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
|
Transfer of ordinary shares to ISA
via sale and subsequent repurchase (Bed and ISA)
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
Sale
|
1350p
|
32
|
Purchase
|
1356.9p
|
38
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A - single transactions
|
e)
|
Date of the transaction
|
18 April 2024
|
f)
|
Place of the transaction
|
AIMX
|
Notes to Editors:
Solid State plc (SOLI) is a value
added electronics group supplying commercial, industrial and
defence markets with durable components, assemblies, manufactured
units and power units for use in specialist and harsh
environments. The Group's mantra is - 'Trusted
technology for demanding environments'. To see an
introductory video on the Group - https://bit.ly/3kzddx7
Operating through two main
divisions: Systems (Steatite, Active Silicon & Custom Power)
and Components (Solsta & Pacer); 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 400 staff across the UK and US, serving
specialist markets with high barriers to entry 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 three acquisitions in
the last four years.