Business
Dealings by Directors
Dealings by Directors.
About this update from Solid State Plc
[{"type":"text","content":"\n \nRNS Number : 2215G Solid State PLC 09 May 2011 \n \n\n9 May 2011\n \nSolid State plc (\"Solid State\" or the \"Company\")\nDealings by Directors\n \nSolid State plc (AIM:SSP), the AIM listed supplier of battery products, specialist electronic components and industrial/rugged computers to the electronics market, announces that in order to broaden the Company's shareholder base and improve liquidity, FoxDavies has today placed 915,106 ordinary shares at a price of 90 pence per share on behalf of Solid State's founders, Mr Gordon Comben and Mr William Marsh, both of whom are Non-Executive Directors of the Company. These shares, representing 13.47 per cent. of the issued share capital, have been placed with institutional and other investors, together with certain of the other Directors of the Company.\n \nMr & Mrs Gordon Comben have, in aggregate, sold 715,106 ordinary shares at 90 pence per share and Mr & Mrs William Marsh have, in aggregate, sold 200,000 ordinary shares at 90 pence per share.\n \nIn addition, Mr Peter Haining, Chairman, has acquired 40,000 ordinary shares; Mr John Macmichael, Executive Director, has acquired 11,000 ordinary shares; and Mr Anthony Frere, Non-Executive Director, has acquired 56,000 ordinary shares. In each case, the ordinary shares were today acquired at a price of 90 pence per share.\n \nFollowing these transactions, the interests of the Board of Solid State in the issued ordinary share capital of the Company are as follows:\n \n\n\n\n\nName\n\n\nShareholding\n\n\nPercentage of Issued Share Capital\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nGordon Comben\n\n\n2,000,000\n\n\n29.45%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAnthony Frere\n\n\n56,000\n\n\n0.82%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPeter Haining\n\n\n52,500\n\n\n0.77%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nJohn Lavery\n\n\n318,320\n\n\n4.69%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nJohn Macmichael\n\n\n11,000\n\n\n0.16%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nGary Marsh\n\n\n391,169\n\n\n5.76%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nWilliam Marsh\n\n\n1,488,000\n\n\n21.91%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nFor further information please contact:\n \nSolid State plc &nbs...