Solid State PLC Director Dealing (2706E)

TIDMSOLI

RNS Number : 2706E

Solid State PLC

03 July 2019

Solid State plc

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

Director Dealing

Solid State plc announces that it has been informed by Nigel Rogers, newly appointed independent Non-Executive Director, of the following dealing in ordinary shares of 5p each in the capital of the Company ("Ordinary Shares"):

On 2 July 2019, Nigel Rogers and his wife, Julie Rogers, purchased 2,200 Ordinary Shares each at a price of 455 pence per share. Following this purchase, their joint beneficial shareholding will be 4,400 Ordinary Shares.

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                           Nigel Rogers (including shareholding 
                                                       held by his wife, Julie Rogers) 
      ---------------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------------- 
 a)    Position/status                                Non-Executive 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                             Ordinary Shares of 5p each 
        financial instrument, 
        type of instrument 
 
       Identification code                            GB0008237132 
 
 b)    Nature of the transaction                      Purchase 
      ---------------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s)                          Price               Volume 
                                                       455p                4,400 
 
 
 d)    Aggregated information                         N/A 
 
 e)    Date of the transaction                        2/07/19 
 f)    Place of the transaction                       London Stock Exchange, AIM 
      ---------------------------------------------  ------------------------------------------ 
 

For further information please contact:

Enquiries:

 
 Solid State plc                              01527 830 630 
 Gary Marsh - Chief Executive                 [e-mail] 
  Peter James - Group Finance Director 
 
 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 (ECM / Sales)                 020 7220 0500 
 
 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 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'.

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 [e-mail] or visit www.rns.com.

END

DSHUUONRKOABRAR

(END) Dow Jones Newswires

July 03, 2019 02:00 ET (06:00 GMT)