Solid State plcLSE: SOLI

Solid State: PDMR & PCA Dealings

· Issued by Solid State plc

Summary by 6ix AI

Solid State plc, an electronics group supplying industrial and defence markets, said Director Matthew Richards and Group Finance Director Pete James, with family members, sold ordinary shares and bought shares into ISAs (UK individual savings accounts) on October 5, 2026, with some purchases on October 6, 2026, in 'Bed and ISA' transactions (selling shares from a personal holding and buying shares inside an ISA).

Key details

  • Matthew Richards sold 12,000 shares at 164.9p from his personal holding and bought 12,000 shares at 165p into his ISA. His children bought 24,000 shares at 165p into their ISAs, and his spouse Lynette Richards sold 36,000 shares at 164.9p and bought shares into her ISA.
  • After these trades, Matthew Richards' shareholding, including that of his persons closely associated (family members), remains unchanged.
  • Pete James sold 23,176 shares at 163.987p from his personal holding and bought 11,932 shares into his ISA. His children bought 10,808 shares at 166.45p on October 5, 2026 and 445 shares at 166p on October 6, 2026 into their ISAs.
  • Pete James' spouse Rosemary James sold 12,050 shares at 166p and bought 12,043 shares at 166p into her ISA.
  • Pete James' shareholding, including that of his persons closely associated, increased to 192,906 ordinary shares. The trades took place on the London Stock Exchange's AIM market.

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

On 6ix: 6ix.com/news/pdmr-and-pca-dealings-3

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Solid State PLC
06 October 2026
 



 

6 October 2026

Solid State plc

(“Solid State”, the “Group” or the “Company”)

PDMR & PCA Dealings

The Company announces the following transactions undertaken by certain persons discharging managerial responsibilities (“PDMRs”) and their persons closely associated.

Matthew Richards, Director, has undertaken the following dealings together with PCAs involving ‘Bed and ISA’ transactions:

Date

Nature of transaction

Number of ordinary shares

Price per share (p)

5 October

Sale of Ordinary Shares by Matthew from personal holding

12,000

164.9

5 October

Purchase of Ordinary Shares by Matthew into his ISA

12,000

165

5 October

Purchase of Ordinary Shares by Matthew’s children into their ISAs

24,000

165

5 October

Sale of Ordinary Shares by Lynette Richards

36,000

164.9

5 October

Purchase of Ordinary Shares by Lynette Richards into ISA

12,000

165

Following the above transactions, Matthew’s shareholding, including those held by his persons closely associated, remains unchanged.

Pete James, Group Finance Director, has undertaken the following dealings together with PCAs involving ‘Bed and ISA’ transactions:

Date

Nature of transaction

Number of ordinary shares

Price per share (p)

5 October

Sale of Ordinary Shares by Pete James from personal holding

23,176

163.987

5 October

Purchase of Ordinary Shares by Pete into his ISA

11,932

167.6

5 October

Purchase of Ordinary Shares by Pete’s children into their ISAs

10,808

166.45

6 October

Purchase of Ordinary Shares by Pete’s children into their ISAs

445

166

5 October

Sale of Ordinary Shares by Rosemary James

12,050

166

5 October

Purchase of Ordinary Shares by Rosemary James into her ISA

12,043

166

Following these transactions, Pete’s shareholding, including those held by his persons closely associated, has increased to 192,906 Ordinary Shares.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Peter James

2

Reason for the notification

a)

Position/status

Group Finance 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

Identification code

Ordinary shares of 5p each

GB0008237132

b)

Nature of the transaction

  1.        Sale of shares
  2.        Purchase of shares into ISA

c)

Price(s) and volume(s)

Transaction

Type

Price(s)

Volume(s)

  1.  

Sale of shares

163.987

23,176

  1.  

Purchase of shares into ISA

167.5

11,932

d)

Aggregated information

- Aggregated volume

- Price

  1. N/A – single transaction
  2. N/A – single transaction
  3.  

e)

Date of the transaction

  1. 5 October 2026
  2. 5 October 2026

f)

Place of the transaction

  1. London Stock Exchange - AIM
  2. London Stock Exchange - AIM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Rosemary James

2

Reason for the notification

a)

Position/status

Spouse and PCA of Pete James, Group Finance 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

Identification code

Ordinary shares of 5p each

GB0008237132

b)

Nature of the transaction

  1.        Sale of shares
  2.        Purchase of shares into ISA

c)

Price(s) and volume(s)

Transaction

Type

Price(s)

Volume(s)

  1.  

Sale of shares

166

12,050

  1.  

Purchase of shares into ISA

166

12,043

d)

Aggregated information

- Aggregated volume

- Price

  1. N/A – single transaction
  2. N/A – single transaction

e)

Date of the transaction

  1. 5 October 2026
  2. 5 October 2026

f)

Place of the transaction

  1. London Stock Exchange - AIM
  2. London Stock Exchange - AIM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

William James

2

Reason for the notification

a)

Position/status

Son and PCA of Peter James, Group Finance 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

Identification code

Ordinary shares of 5p each

GB0008237132

b)

Nature of the transaction

  1. Purchase of shares into ISA
  2. Purchase of shares into ISA

c)

Price(s) and volume(s)

Type

Price(s)

Volume(s)

1. Purchase of shares into ISA

166.6

5,399

2. Purchase of shares into ISA

166

220

d)

Aggregated information

- Aggregated volume

- Price

  1. N/A – single transaction
  2. N/A – single transaction

e)

Date of the transaction

1. 5 October 2026 

2. 6 October 2026

f)

Place of the transaction

London Stock Exchange - AIM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Emily James

2

Reason for the notification

a)

Position/status

Daughter and PCA of Peter James, Group Finance 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

Identification code

Ordinary shares of 5p each

GB0008237132

b)

Nature of the transaction

  1. Purchase of shares into ISA
  2. Purchase of shares into ISA

c)

Price(s) and volume(s)

Type

Price(s)

Volume(s)

1. Purchase of shares into ISA

166.3

5,409

  1. Purchase of shares into ISA

166

225

d)

Aggregated information

- Aggregated volume

- Price

  1. N/A – single transaction
  2. N/A – single transaction

e)

Date of the transaction

1. 5 October 2026 

2. 6 October 2026

f)

Place of the transaction

London Stock Exchange - AIM

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

Identification code

Ordinary shares of 5p each

GB0008237132

b)

Nature of the transaction

  1. Sale of shares
  2. Purchase of shares into ISA

c)

Price(s) and volume(s)

Transaction

Type

Price(s)

Volume(s)

  1.  

Sale of shares by Matthew

164.9

12,000

  1.  

Purchase of shares into ISA

165

12,000

d)

Aggregated information

- Aggregated volume

- Price

  1. N/A – single transaction
  2. N/A – single transaction

e)

Date of the transaction

  1. 5 October 2026
  2. 5 October 2026

f)

Place of the transaction

  1. London Stock Exchange - AIM
  2. London Stock Exchange - AIM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Lynette Richards

2

Reason for the notification

a)

Position/status

Spouse and PCA of Matthew Richards, 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

Identification code

Ordinary shares of 5p each

GB0008237132

b)

Nature of the transaction

  1. Sale of shares
  2. Purchase of shares into ISA

c)

Price(s) and volume(s)

Transaction

Type

Price(s)

Volume(s)

  1.  

Sale of shares

164.9

36,000

  1.  

Purchase of shares into ISA

166p

12,043

d)

Aggregated information

- Aggregated volume

- Price

  1. N/A – single transaction
  2. N/A – single transaction

e)

Date of the transaction

  1. 5 October 2026
  2. 5 October 2026

f)

Place of the transaction

  1. London Stock Exchange - AIM
  2. London Stock Exchange - AIM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Marcus Richards

2

Reason for the notification

a)

Position/status

Son and PCA of Matthew Richards, 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

Identification code

Ordinary shares of 5p each

GB0008237132

b)

Nature of the transaction

Purchase of shares into ISA

c)

Price(s) and volume(s)

Type

Price(s)

Volume(s)

Purchase of shares into ISA

165

12,000

d)

Aggregated information

- Aggregated volume

- Price

N/A – single transaction

e)

Date of the transaction

5 October 2026 

f)

Place of the transaction

London Stock Exchange - AIM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Henry Richards

2

Reason for the notification

a)

Position/status

Son and PCA of Matthew Richards, 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

Identification code

Ordinary shares of 5p each

GB0008237132

b)

Nature of the transaction

Purchase of shares into ISA

c)

Price(s) and volume(s)

Type

Price(s)

Volume(s)

Purchase of shares into ISA

165

12,000

d)

Aggregated information

- Aggregated volume

- Price

N/A – single transaction

e)

Date of the transaction

5 October 2026 

f)

Place of the transaction

London Stock Exchange - AIM

For further information please contact:

Solid State plc

John Macmichael - Chief Executive Officer

Peter James - Group Finance Director

Via Walbrook

Cavendish Capital Markets Limited

(Nominated Adviser & Broker)

Adrian Hadden / Callum Davidson (Corporate Finance)

Jasper Berry / Tim Redfern (Sales / ECM)

020 7220 0500

Walbrook PR (Financial PR)               

Tom Cooper / Nick Rome / Marcus Ulker

020 7933 8780

0797 122 1972

[email protected] 

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

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