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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May 22, 2023 07:29 ET (11:29 GMT)

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