30 October 2024
Solid State
plc
("Solid
State", the "Group" or the "Company")
Director/PCA
Dealings
Solid State plc (AIM: SOLI), the
specialist value added component supplier and design-in
manufacturer of computing, power, and communications
products, announces the following
transactions in ordinary shares of 5p each in Solid State Plc
("Ordinary Shares") by Matthew Richards, Director, and his persons
closely associated:
|
Director/PCA
|
Nature of transaction
|
Date
|
Number of Ordinary Shares
|
Price per share
|
|
Matthew Richards
(Director)
|
Sale of shares from personal
holding
|
29 October 2024
|
17,450
|
215p
|
|
Henry Richards (Son and PCA of
Matthew Richards)
|
Purchase of shares into
ISA
|
29 October 2024
|
9,200
|
215.25p
|
|
Marcus Richards (Son and PCA of
Matthew Richards)
|
Purchase of shares into
ISA
|
29 October 2024
|
8,250
|
215.25p
|
Following these transactions, the
holdings of Matthew Richards, together with his persons closely
associated, remain unchanged.
Further details are set out
below.
|
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
|
Sale of ordinary shares
|
|
c)
|
Price(s) and volume(s)
|
|
Type
|
Price(s)
|
Volume(s)
|
|
Sale of shares
|
215p
|
17,450
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A - single transaction
|
|
e)
|
Date of the transaction
|
29 October 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange -
AIMX
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Henry Richards
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Son and PCA of Matthew Richards,
Director of Solid State plc
|
|
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
|
Acquisition of ordinary shares by
Individual Savings Account (ISA)
|
|
c)
|
Price(s) and volume(s)
|
|
Type
|
Price(s)
|
Volume(s)
|
|
Acquisition of shares
|
215.25p
|
9,200
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A - single transaction
|
|
e)
|
Date of the transaction
|
29 October 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange -
AIMX
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Marcus Richards
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Son and PCA of Matthew Richards,
Director of Solid State plc
|
|
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
|
Acquisition of ordinary shares by
Individual Savings Account (ISA)
|
|
c)
|
Price(s) and volume(s)
|
|
Type
|
Price(s)
|
Volume(s)
|
|
Acquisition of shares
|
215.25p
|
8,250
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A - single transaction
|
|
e)
|
Date of the transaction
|
29 October 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange -
AIMX
|
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 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/
Notes to Editors:
Solid State plc (AIM: SOLI) is a
leading value-added electronics group supplying industrial and
defence markets with durable components, assemblies and
manufactured systems for use in critical applications, with a
particular emphasis on harsh operational environments. Solid
State's products are found around the world, from the ocean floor
and into space, ensuring the smooth operation of systems that
augment our everyday lives.
The Company has a core focus on
industrial and ruggedised computing, battery power solutions,
antennas, secure radio systems, imaging technologies, and
electronic components & displays.
Operating through two divisions
(Systems and Components) the Group thrives on complex engineering
challenges, often requiring design-in support and component
sourcing. Serving a wide range of industries, with a particular
focus on defence, energy production, aerospace, environmental,
oceanographic, industrial, robotics, medical, life sciences, and
transportation, the Solid State trading brands have become
synonymous with quality and reliability. The Group operates under
the brands of Steatite, Solsta, Custom Power, Pacer, Active
Silicon, Gateway and Durakool.
Solid State plc is headquartered in
Redditch, UK, and employs over 400 people around the world. The
business has seven production facilities in the UK and two in the
USA. In total, including all office locations, the Group operates
from 15 national and international sites.
Solid State was established in 1971
and admitted to AIM in June 1996. The Group has grown
organically and by acquisition - having made four acquisitions in
the last four years.
Take a look at the videos below for
more insight into the Solid State Group.
Introduction to Solid State -
https://youtu.be/1M_Q_B1mYic
Why invest in Solid State? -
https://youtu.be/ShmTz6005ws