17 July 2023

Solid State plc

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

Director's Dealings

Solid State plc (AIM: SOLI), the specialist value added component supplier and design-in manufacturer of computing, power, and communications products, announces that Sam Smith, who joins the board as Non-Executive Director with effect from 1 August 2023, today purchased 1,900 ordinary shares of 5p each in the capital of the Company ("Ordinary Shares") at a price of 1284p per share. Following this transaction, Sam holds a total of 1,900 Ordinary Shares representing approximately 0.02% of the Company's issued share capital that carry voting rights, which excludes those held in treasury.  

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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.