29 April 2024

Solid State plc

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

Transfer of Treasury Shares and Total Voting Rights

Solid State plc (AIM: SOLI), the specialist value-added component supplier and design-in manufacturer of computing, power, and communications products, announces that on 27 February 2023, the Company transferred 12,800 ordinary shares of 5p each ("Ordinary Shares") from Treasury to the Company's All-Employee Share Plan, to satisfy future awards under the Company's Staff All Employee Share Ownership Plan.

Accordingly, the Company confirms that a total of 7,196 Ordinary Shares are currently held in treasury. The Company's total issued share capital remains 11,376,644 Ordinary Shares. Therefore, the total number of voting rights in the Company is 11,369,448. 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:

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 defence markets with durable components, assemblies, manufactured units and power units for use in specialist and harsh environments.  The Group's mantra is - 'Trusted technology for demanding environments'.  To see an introductory video on the Group - https://bit.ly/3kzddx7  

Operating through two main divisions: Systems (Steatite, Active Silicon & Custom Power) and Components (Solsta & Pacer); 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 400 staff across the UK and US, serving specialist markets with high barriers to entry 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 three acquisitions in the last four years.