SOLI.L

Solid State Plc
Solid State PLC - Director/PDMR Shareholding
30th October 2024, 16:26
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RNS Number : 2887K
Solid State PLC
30 October 2024
 



 

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

 

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