Solid State plcLSE: SOLI

Solid State: PDMR Dealings

· Issued by Solid State plc via RNS

Summary by 6ix

Solid State plc, a supplier and manufacturer of computing, power and communications products, transferred existing ordinary shares from its All-Employee Share Plan to five persons discharging managerial responsibility (senior managers) on September 29, 2026. The managers had elected to automatically reinvest dividends paid on shares held under the plan.

Key details

  • Chief Executive Officer John Macmichael received 20 shares, for a resulting holding of 546,227 shares, including persons closely associated with him.
  • Director Matthew Richards received 20 shares, for a resulting holding of 198,537 shares. Chief Financial Officer Peter James received 20 shares, for a resulting holding of 192,926 shares. Both figures include persons closely associated.
  • Sales and Operations Director Jon Baxter received 20 shares, for a resulting holding of 6,940 shares. Group Financial Controller and Company Secretary Lyn Davidson received 5 shares, for a resulting holding of 5 shares. Both figures include persons closely associated.
  • The ordinary shares of 5p each were transferred at a listed price of £Nil, outside a trading venue.

6ix wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/pdmr-dealings-61

Watch Solid State's latest callSolid State (LSE:SOLI) — Annual General Meeting · Replay · Sep 15Read the transcript of Solid State (LSE:SOLI) — Annual General Meeting
Solid State's next earnings callSolid State (LSE:SOLI) — Capital Markets Day · Nov 25, 2026 at 5:00 AM ESTRegister
Solid State PLC
12 October 2026
 

12 October 2026

Solid State plc

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

PDMR Dealings

Solid State plc (AIM: SOLI), the specialist value-added component supplier and design-in manufacturer of computing, power, and communications products, announces the following transfers of existing ordinary shares to certain persons discharging managerial responsibility ("PDMRs") from the Company's All-Employee Share Plan ("AESP"), following their election to automatically reinvest dividends paid on shares held under the Company's All Employee Share Plan.

Name

Ordinary shares transferred

Resultant shareholding (including persons closely associated)

John Macmicahel (CEO)

20

546,227

Matthew Richards (Director)

20

198,537

Peter James (CFO)

20

192,926

Jon Baxter (Sales and Operations Director)

20

6,940

Lyn Davidson (Group Financial Controller, Company Secretary)

5

5

Further detail is provided below in accordance with the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Macmichael

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Solid State plc

b)

LEI

213800QUHS9QTN5T1P62

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 5p each

GB0008237132

Identification code

b)

Nature of the transaction

Acquisition of ordinary shares following dividend re-investment

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£Nil

20

d)

Aggregated information

N/A – single transaction

- Aggregated volume

- Price

e)

Date of the transaction

29 September 2026

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Matthew Richards

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Solid State plc

b)

LEI

213800QUHS9QTN5T1P62

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 5p each

GB0008237132

Identification code

b)

Nature of the transaction

Acquisition of ordinary shares following dividend re-investment

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£Nil

20

d)

Aggregated information

N/A – single transaction

- Aggregated volume

- Price

e)

Date of the transaction

29 September 2026

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Peter James

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Solid State plc

b)

LEI

213800QUHS9QTN5T1P62

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 5p each

GB0008237132

Identification code

b)

Nature of the transaction

Acquisition of ordinary shares following dividend re-investment

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£Nil

20

d)

Aggregated information

N/A – single transaction

- Aggregated volume

- Price

e)

Date of the transaction

29 September 2026

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jon Baxter

2

Reason for the notification

a)

Position/status

PDMR - Sales and Operations Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Solid State plc

b)

LEI

213800QUHS9QTN5T1P62

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 5p each

GB0008237132

Identification code

b)

Nature of the transaction

Acquisition of ordinary shares following dividend re-investment

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£Nil

20

d)

Aggregated information

N/A – single transaction

- Aggregated volume

- Price

e)

Date of the transaction

29 September 2026

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Lyn Davidson

2

Reason for the notification

a)

Position/status

PDMR - Group Financial Controller, Company Secretary

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Solid State plc

b)

LEI

213800QUHS9QTN5T1P62

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 5p each

GB0008237132

Identification code

b)

Nature of the transaction

Acquisition of ordinary shares following dividend re-investment

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£Nil

5

d)

Aggregated information

N/A – single transaction

- Aggregated volume

- Price

e)

Date of the transaction

29 September 2026

f)

Place of the transaction

Outside a trading venue

For more information, please contact:

Solid State

John Macmichael - Chief Executive Officer

Peter James – Chief Financial Officer

Via Walbrook

Cavendish Capital Markets Limited

(Nominated Advisor & Joint Broker)

Adrian Hadden / Callum Davidson (Corporate Finance)

Jasper Berry (Sales / ECM)

020 7220 0500

Zeus Capital (Joint Broker)

Mike Coe / Ed Beddows (Investment Banking)

Nick Searle (Head of Equity Capital Markets)

020 3829 5000

Walbrook PR (Financial PR)

Tom Cooper / Nick Rome / Marcus Ulker

020 7933 8780

0797 122 1972

solidstate@walbrookpr.com 

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 (AIM: SOLI) is a leading value-added electronics group supplying industrial and defence markets with durable components, assemblies and manufactured systems for use in critical applications, with a particular emphasis on harsh operational environments. Solid State's products are found around the world, from the ocean floor and into space, ensuring the smooth operation of systems that augment our everyday lives.

The Company has a core focus on industrial and ruggedised computing, battery power solutions, antennas, secure radio systems, imaging technologies, and electronic components & displays.

Operating through three divisions (Systems, Power and Components) the Group thrives on complex engineering challenges, often requiring design-in support and component sourcing. Serving a wide range of industries, with a particular focus on defence, energy production, aerospace, environmental, oceanographic, industrial, robotics, medical, life sciences, and transportation, the Solid State trading brands have become synonymous with quality and reliability. The Group operates under the brands of Steatite, Solsta, Custom Power, Pacer, Active Silicon, Gateway, Durakool and Q-Par.

Solid State plc is headquartered in Redditch, UK, and employs over 425 people around the world. The business has seven production facilities in the UK and one in the USA. In total, including all office locations, the Group operates from 13 national and international sites.

Solid State was established in 1971 and admitted to AIM in June 1996.  The Group has grown organically and by acquisition - having made five acquisitions in the last five years.

Take a look at the videos below for more insight into the Solid State Group.

Introduction to Solid State - https://youtu.be/1M_Q_B1mYic

Why invest in Solid State? - https://youtu.be/ShmTz6005ws

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Solid State plc on 6ix

Earlier from Solid State

Later from Solid State

All Solid State news releases