Solid State PLC Issue of Equity (7572O)
May 21 2018 - 8:15AM
UK Regulatory
TIDMSOLI
RNS Number : 7572O
Solid State PLC
21 May 2018
21 May 2018
Solid State plc
("Solid State", the "Group" or the "Company")
Issuance and allotment of shares for employee share bonus
plan
Solid State plc (AIM: SOLI), the AIM listed manufacturer of
computing, power and communications products, and value added
distributor of electronic components, announces that it has issued
and allotted 36,366 ordinary shares of 5 pence each ("Ordinary
Shares") pursuant to the award of shares under the Company's
employee share bonus plan.
Accordingly, application has been made for the 36,366 new
Ordinary Shares to be admitted to trading on AIM and it is expected
that admission will take place on or about 8.00 a.m. on 23 May 2018
("Admission").
In accordance with the Disclosure Guidance and Transparency
Rules (DTR 5.6.1R) the Company hereby notifies the market that
immediately following this transaction its issued share capital
will consist of 8,532,878 Ordinary Shares of 5 pence each of which
37,394 are held in Treasury. Therefore, the total number of voting
rights in the Company is 8,495,484.
Shareholders may use this figure as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
For further information please contact:
Solid State plc 01527 830 630
Gary Marsh - Chief Executive investor.information@solidstateplc.com
Peter James - Group Finance
Director
WH Ireland (Nominated Adviser
& Joint Broker) 0117 945 3470
Mike Coe / Ed Allsopp (Corporate
Finance)
Jasper Berry / David Kilbourn
(Corporate Broking / Sales)
finnCap (Joint Broker)
Ed Frisby / Kate Bannatyne
(Corporate Finance)
Emily Morris / Rhys Williams
(Corporate Broking / Sales) 020 7220 0500
Walbrook PR (Financial PR) 020 7933 8780
Tom Cooper / Paul Vann 0797 122 1972
tom.cooper@walbrookpr.com
Notes to Editors:
Solid State plc (SOLI) is a leading value added group of
companies providing specialist design-in and manufacturing services
to those acquiring computing, power and communications products and
electronic component services for use in harsh environments.
Serving niche markets in oil & gas production, medical,
construction, security, military and field maintenance, Solid State
acts as both a component supplier to OEMs and bespoke manufacturer
of specialist units to clients with complex requirements.
Headquartered in Redditch, Solid State employs over 200 staff
across five sites. Solid State operates through two main divisions:
Solid State Supplies and Steatite.
Solid State was established in 1971 and admitted to AIM in June
1996.
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.
END
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