Solid State PLC Director/PDMR Shareholding (3291J)

TIDMSOLI

RNS Number : 3291J

Solid State PLC

08 September 2016

8 September 2016

Solid State plc

("Solid State" or the "Company")

PDMR Dealing

Solid State plc (AIM: SOLI), the AIM listed supplier of specialist industrial/ruggedised computers, electronic components, secure communications systems and battery power solutions to the electronics market, announces that it has been informed that on 7 September 2016 Matthew Richards, Director, purchased 2,400 ordinary share in the Company at 405p per share.

The below notification made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 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       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               Ordinary shares of 5p each 
       instrument, type 
       of instrument               GB0008237132 
 
       Identification 
       code 
---  -------------------------  ----------------------------- 
 b)   Nature of the              Purchase 
       transaction 
---  -------------------------  ----------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    405p       2400 
                                   ---------  ---------- 
---  -------------------------  ----------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume 
                                   n/a 
 
       - Price 
---  -------------------------  ----------------------------- 
 e)   Date of the transaction    7 September 2016 
---  -------------------------  ----------------------------- 
 f)   Place of the transaction   London Stock Exchange, AIM 
---  -------------------------  ----------------------------- 
 

For further information please contact:

 
 Solid State plc                 01527 830 630 
 Gary Marsh - Chief Executive    [e-mail] 
 
 WH Ireland (Nominated 
  Adviser)                       0117 945 3470 
 Mike Coe / Ed Allsopp 
 
 Walbrook PR (Financial 
  PR)                            020 7933 8780 
 Tom Cooper / Paul Vann          0797 122 1972 
                                 [e-mail] 
 

Notes to Editors:

Solid State plc (SOLI) is a leading value added group of companies providing specialist design-in and manufacturing services to those acquiring industrial/rugged computing products, battery power solutions, secure communications systems and electronic components for use in harsh environments.

Serving niche markets in oil & gas production, medical, construction, security, military and field maintenance, Solid State acts as both a distributor to OEMs and bespoke manufacturer of specialist units to clients with complex requirements.

Headquartered in Redditch, Solid State employs over 150 staff across five sites. Solid State operates through two main divisions: Solid State Supplies and Steatite.

Solid State was established in 1971 and admitted to AIM in June 1996.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 08, 2016 06:39 ET (10:39 GMT)