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SOLID STATE PLC Director's Dealing 2020

Mar 31, 2020

7923_dirs_2020-03-31_63273e77-0501-4537-86b0-8d1d8c9c59f0.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 2835I

Solid State PLC

31 March 2020

31 March 2020           

SOLID STATE PLC

("Solid State", the "Company" or the "Group")

Director Bed & ISA Dealings

Solid State plc (AIM: SOLI), the AIM listed manufacturer of computing, power and communications products, and value added distributor of electronic components, announces that it has been informed of the following dealings in ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") by Gary Marsh, Chief Executive of the Company:

On 24 March 2020, Mr Marsh sold 5,700 Ordinary Shares at a price of 305 pence per share and purchased 5,700 Ordinary Shares into an ISA account held by him at a price of 305 pence per share.

On 30 March 2020, Mr Marsh sold 860 Ordinary Shares at a price of 360 pence per share and purchased 860 Ordinary Shares into an ISA account held by him at a price of 360 pence per share.

Following these transactions, Mr Marsh's beneficial shareholding remains unchanged at 280,849 Ordinary Shares, representing 3.29% of the Company's voting share capital.

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 / Kate Bannatyne (Corporate Finance)

Emily Morris / Rhys Williams (Corporate Broking / Sales)
020 7220 0500
Walbrook PR (Financial PR) 020 7933 8780
Tom Cooper / Paul Vann 0797 122 1972
[email protected]

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 and purchase

c)

Price(s) and volume(s)

Type Date Price(s) Volume(s)
Sale 24/03/2020 305p 5,700
Purchase 24/03/2020 305p 5,700
Sale 30/03/2020 360p 860
Purchase 30/03/202 360p 860

d)

Aggregated information

- Aggregated volume

Sales

Purchases

- Price

Sales

Purchases

6,560

6,560

20,481

20,481

e)

Date of the transaction

24 March 2020

30 March 2020

f)

Place of the transaction

London Stock Exchange, AIM

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.

END

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