TIDMSOLI

RNS Number : 5701R

Solid State PLC

08 November 2021

8 November 2021

Solid State plc

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

Transaction in Own Shares

Solid State plc (AIM: SOLI), the specialist value added component supplier and design-in manufacturer of computing, power, and communications products, announces that on 5 November 2021 it purchased 7,000 of its own ordinary shares of 5p each ("Ordinary Shares") at a price of 1136 pence to be held as treasury shares.

The Company now holds 18,374 Ordinary Shares in treasury, and it is anticipated that these shares will principally be used to satisfy future awards under the Company's Staff All Employee Share Ownership Plan.

In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R) the Company hereby notifies the market that immediately following this purchase for treasury its issued share capital will remain the same and consist of 8,564,878 Ordinary Shares of which 18,374 are held in Treasury. Therefore, the total number of voting rights in the Company is 8,546,504. 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 FSA's Disclosure and Transparency Rules.

For further information please contact:

 
 Solid State plc 
 Gary Marsh - Chief Executive             Via Walbrook 
  Peter James - Group Finance Director 
 
 WH Ireland (Nominated Adviser & Joint 
  Broker)                                 020 7220 1666 
 Mike Coe / Sarah Mather (Corporate 
  Finance) 
  Jasper Berry (Corporate Broking / 
  Sales) 
 finnCap (Joint Broker) 
  Ed Frisby (Corporate Finance) 
  Rhys Williams / Tim Redfern (Sales 
  / ECM)                                  020 7220 0500 
 
 Walbrook PR (Financial PR)               020 7933 8780 
 Tom Cooper / Nick Rome                   0797 122 1972 
                                          tom.cooper@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 (SOLI) is a value added electronics group supplying commercial, industrial and military markets with durable components, assemblies and manufactured units for use in specialist and harsh environments. The Group's mantra is - 'Trusted technology for demanding applications'. To see an introductory video on the Group - https://bit.ly/3kzddx7

Operating through two main divisions: Manufacturing (Steatite & Active Silicon) and Value Added Supplies (Solid State Supplies, Pacer, Willow Technologies & AEC); the Group specialises in complex engineering challenges often requiring design-in support and component sourcing for computing, power, communications, electronic, electro-mechanical and opto-electronic products.

Headquartered in Redditch, UK, Solid State employs approximately 300 staff across UK and US, serving specialist markets in industrial, defence and security, transportation, medical and energy.

Solid State was established in 1971 and admitted to AIM in June 1996. The Group has grown organically and by acquisition - having made 12 acquisitions since 2002.

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November 08, 2021 02:00 ET (07:00 GMT)

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