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SOLID STATE PLC — Director's Dealing 2020
Jan 16, 2020
7923_dirs_2020-01-16_a45f0abd-61eb-444f-9e50-415d8cae9809.html
Director's Dealing
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National Storage Mechanism | Additional information
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RNS Number : 0649A
Solid State PLC
16 January 2020
16 January 2020
Solid State plc
("Solid State", the "Group" or the "Company")
Director Dealing
Solid State plc (AIM: SOLI), the AIM listed manufacturer of computing, power and communications products, and value added distributor of electronic components, has been informed that on 16 January 2020, in response to recent market demand, Gary Marsh (Chief Executive) sold 16,000 Ordinary Shares at 635 pence per share.
Following the sale Gary Marsh holds 280,795 Ordinary Shares, representing 3.30% of the Company's voting share capital.
The below notification made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Gary Marsh
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
c)
Price(s) and volume(s)
Sale
| Price(s) | Volume(s) |
| 635p | 16,000 |
d)
Aggregated information
- Aggregated volume
- Price
16,000
£101,600
e)
Date of the transaction
16 January 2020
f)
Place of the transaction
London Stock Exchange, AIM
For further information please contact:
| Solid State plc | 01527 830 630 |
| Gary Marsh - Chief Executive Peter James - Group Finance Director |
[email protected] |
| WH Ireland (Nominated Adviser & Joint Broker) | 0117 945 3470 |
| Mike Coe / Chris Savidge (Corporate Finance) Jasper Berry / David Kilbourn (Corporate Broking / Sales) |
|
| finnCap (Joint Broker) Ed Frisby (Corporate Finance) Rhys Williams (Corporate Broking / Sales) |
020 7220 0500 |
| Walbrook PR (Financial PR) | 020 7933 8780 |
| Tom Cooper / Paul Vann | 0797 122 1972 |
| [email protected] |
Notes to Editors:
Solid State plc (SOLI) is a value added electronics group supplying industrial and military markets with ruggedised/durable components, assemblies and manufactured units for use in harsh environments. The Group's mantra is - 'Trusted technology for demanding applications'. To see an introductory video on the Group - https://youtu.be/bp4WfLCEc5Y
Operating through two main divisions: Manufacturing (Steatite) and Value Added Distribution (Solid State Supplies & Pacer); the Group specialises in complex engineering challenges often requiring design-in support and component sourcing for computing, power, communications, electronic and optoelectronic products.
Headquartered in Redditch, Solid State employs over 200 staff across the UK with a branch office in the USA, serving specialist markets in oil & gas production, transportation, medical, construction, security, military and field maintenance.
Solid State was established in 1971 and admitted to AIM in June 1996. The Group has grown organically and by acquisition - having made 10 acquisitions.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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