Business
Directors' Subscriptions
Directors' Subscriptions.
About this update from Solid State Plc
[{"type":"text","content":"\n \n \n THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER ARTICLE 7 OF THE EU REGULATION 596/2014 AS IT FORMS PART OF THE UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (\"MAR\"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n \n \n \n \n \n \n 27 July 2022\n \n \n \n \n \n \n \n \n Solid State plc\n \n \n \n \n \n \n (\"Solid State\", the \"\n \n Group\n \n \" or the \"Company\"\n )\n \n \n \n \n \n \n \n \n \n \n \n \n \n Directors' Subscriptions\n \n \n \n \n \n \n \n \n \n \n \n \n \n Solid State plc (AIM: SOLI), the specialist value added component supplier and design-in manufacturer of computing, power and communications products, is pleased to announce that pursuant to the Fundraising announced on 12 July 2022 and the release of the Company's results earlier today, the Directors of the Company have subscribed for 14,146 New Ordinary Shares at the same issue price as the Placing and Open Offer Shares of 1,025 pence. Further details on the Directors' individual subscription are set out in the table below.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Number of Director Subscription Shares Subscribed for\n \n \n \n \n \n \n Number of existing shares held by the Directors as at 27 July 2022\n \n \n \n \n \n \n \n Nigel Rogers\n \n \n \n \n 1,951*\n \n \n \n \n 4,400\n \n \n \n \n \n \n Gary Marsh\n \n \n \n \n 976\n \n \n \n \n 280,892\n \n \n \n \n \n \n Peter James\n \n \n \n \n 2,439*\n \n \n \n \n 3,205\n \n \n \n \n \n \n Peter Magowan\n \n \n \n \n 2,927\n \n \n \n \n 4,000\n \n \n \n \n \n \n Matthew Richards \n \n \n \n \n 1,951\n \n \n \n \n 10,376\n \n \n \n \n \n \n Peter Haining\n \n \n \n \n 1,951\n \n \n \n \n 54,627\n \n \n \n \n \n \n John Macmichael \n \n \n \n \n 1,951\n \n \n \n \n 122,491\n \n \n \n \n \n \n \n Total\n \n \n \n \n \n \n 14,146\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n * shares to be held in their spouses name\n \n \n \n \n \n The Directors' Subscriptions together with the Placing and Open Offer, as previously announced, are conditional on, amo...