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Directors' Exercise of Options

Directors' Exercise of Options.

articleSolid State PlcApril 13, 20114/company/solid-state-plc/news/directors-exercise-of-options-3
Directors' Exercise of Options

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[{"type":"text","content":"\n \nRNS Number : 8332E Solid State PLC 13 April 2011  \n \n\n13 April 2011\n \nSolid State plc (the \"Company\")\nDirectors' Exercise of Share Options\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 Gary Marsh, Chief Executive, and John Lavery, Executive Director, have today exercised share options as detailed below:\n \n\n\n\n\nName\n\n\nNumber of Share Options Exercised\n\n\nShareholding following Exercise\n\n\nPercentage of Issued Share Capital\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nGary Marsh\n\n\n317,460\n\n\n391,169\n\n\n5.76%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nJohn Lavery\n\n\n317,460\n\n\n318,320\n\n\n4.69%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \nApplication has been made for the admission of the 634,920 new ordinary shares to trading on AIM and is expected that such admission will become effective on 19 April 2011.  These new ordinary shares will rank pari passu with the existing ordinary shares of the Company.\n \nFollowing the exercise of these share options, there will be 6,791,431 ordinary shares in issue.\n \nFor the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of ordinary shares of 5p each of Solid State plc in issue as at 13 April 2011 is 6,791,431. \n \nThe above figure of 6,791,431 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the Disclosure and Transparency Rules. \n \nFor further information please contact:\n \nSolid State plc                                                  \nGary Marsh - Chief Executive     01892 836 836\n \nFoxDavies                                   &nbsp...

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