Business
Exercise of Options, Director Dealing and TVR
Exercise of Options, Director Dealing and TVR.
About this update from Solid State Plc
[{"type":"text","content":"\n \n \n FOR IMMEDIATE RELEASE \n \n \n \n \n \n 24 February 2023\n \n \n \n \n \n \n \n \n \n \n SOLID STATE PLC\n \n \n \n (\"Solid State\", the \"Company\" or the \"Group\")\n \n \n Exercise of Options, Director Dealing and Total Voting Rights\n \n \n \n \n \n \n \n \n \n \n Solid State plc (AIM: SOLI), the AIM listed manufacturer of computing, power and communications products, and value added supplier of electronic components\n ,\n announces that on 24 February 2023, options over a total of 24,000 ordinary shares of 5p each in Solid State Plc (\"Ordinary Shares\") were exercised under the Enterprise Management Incentive Scheme at an exercise price of 0.1p by Gary Marsh, Chief Executive Officer, Pete James, Chief Financial Officer and John Macmichael, Director.\n \n \n \n \n \n The Company has also been notified that on 24 February 2023, 1,200 Ordinary Shares were sold by Mrs Laura Marsh (the spouse of Gary Marsh) to cover the costs associated with the exercise of options. In addition, it has been notified that on 24 February 2023, Pete James and John Macmichael sold 1,200 Ordinary Shares each to cover the costs associated with the exercise of options.\n \n \n \n \n \n Details of the exercise of option and sale of shares are set out below:\n \n \n \n \n \n \n Director\n \n \n \n \n Title \n \n \n \n \n Number of options exercised \n \n \n \n \n Number of Ordinary Shares Sold\n \n \n \n \n Total number of ordinary shares held post the exercise and sale\n \n \n \n \n % of total voting rights following the exercise of options**\n \n \n \n \n \n \n Gary Marsh\n \n \n \n \n CEO\n \n \n \n \n 8,000\n \n \n \n \n 1,200*\n \n \n \n \n 288,676\n \n \n \n \n 2.5%\n \n \n \n \n \n \n Pete James\n \n \n \n \n CFO\n \n \n \n \n 8,000\n \n \n \n \n 1,200\n \n \n \n \n 12,445\n \n \n \n \n 0.1%\n \n \n \n \n \n \n John Macmichael\n \n \n \n \n Director\n \n \n \n \n 8,000\n \n \n \n \n 1,200\n \n \n \n \n 131,242\n \n \n \n \n 1.2%\n \n \n \n \n \n \n \n \n \n \n Notes\n \n \n \n \n * sold by Laura Marsh, spouse of Gary Marsh\n \n \n \n \n **the shareholdings of the Directors and their spouses\n \n \n \n \n \n \n Application has been made for the admission of the 24,000 new Ordinary Shares to trading on AIM. The new Ordinary Shares will rank pari passu...