Solid State PLC PDMR/PCA Dealings (2179A)
22 Mai 2023 - 1:29PM
UK Regulatory
TIDMSOLI
RNS Number : 2179A
Solid State PLC
22 May 2023
22 May 2023
Solid State plc
("Solid State", the "Group" or the "Company")
PDMR/PCA Dealings
Solid State plc (AIM: SOLI), the specialist value added
component supplier and design-in manufacturer of computing, power,
and communications products, announces that Gary Marsh, Chief
Executive Officer, effected a transfer of shares held by him to his
and his spouse's ISAs through the following dealings.
On 19 May 2023, Gary Marsh sold 3,516 ordinary shares of 5p each
in the capital of the Company ("Ordinary Shares") from his personal
holding at a price of 1125p pence per share and he subsequently
purchased 1,758 Ordinary Shares at a price of 1125.75p into his ISA
account. Gary Marsh's spouse, Laura Marsh, also subsequently
purchased 1,758 Ordinary Shares at a price of 1125.75p per share
into her ISA account.
For further information please contact:
Solid State plc Via Walbrook
Gary Marsh - Chief Executive
Peter James - Group Finance Director
Cenkos Securities plc (Nominated
Adviser & Joint Broker)
Adrian Hadden / Callum Davidson (Corporate
Finance)
Alex Pollen / Jasper Berry (Sales) 020 73978900
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
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 (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 (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
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 three years.
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 Initial Notification
/Amendment
-------------------------- ---------------------------------------------
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, Ordinary shares of 5p each
type of instrument
GB0008237132
Identification code
-------------------------- ---------------------------------------------
b) Nature of the transaction Sale from personal holding and
purchase by ISA
-------------------------- ---------------------------------------------
c) Price(s) and volume(s) Type Date Price(s) Volume(s)
19
May
Sale 2023 1125p 3,516
------- --------- ----------
Purchase 19
by May
ISA 2023 1125.75p 1,758
------- --------- ----------
-------------------------- ---------------------------------------------
d) Aggregated information
- Aggregated volume
Sales 3,516
Purchase 1,758
- Price
Sales GBP39,555.00
Purchase GBP19,790.69
-------------------------- ---------------------------------------------
e) Date of the transaction 19 May 2023
-------------------------- ---------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
-------------------------- ---------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Laura Marsh
-------------------------- -------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/status PCA of Gary Marsh (Chief Executive
Officer)
-------------------------- -------------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- -------------------------------------------------
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, Ordinary shares of 5p each
type of instrument
GB0008237132
Identification code
-------------------------- -------------------------------------------------
b) Nature of the transaction Purchase by ISA
-------------------------- -------------------------------------------------
c) Price(s) and volume(s) Type Date Price(s) Volume(s)
Purchase by 19 May
ISA 2023 1125.75p 1,758
-------- --------- ----------
-------------------------- -------------------------------------------------
d) Aggregated information
- Aggregated volume
Sales n/a
Purchase 1,758
- Price
Sales n/a
Purchase GBP19,790.69
-------------------------- -------------------------------------------------
e) Date of the transaction 19 May 2023
-------------------------- -------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
-------------------------- -------------------------------------------------
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END
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