1st Jun 2017 16:18
1 June 2017
Solid State plc("Solid State" or the "Company")(AIM: SOLI)Grant of options
Solid State plc (AIM: SOLI), the AIM listed supplier of specialist industrial/ruggedised computers, electronic components, advanced antenna products, communications systems and battery power solutions to the electronics market, announces options have been granted to each of the following directors (who currently have no outstanding options) under the Company's Long Term Incentivisation Plan, as follows:
Director | Number of options | Exercise price |
Gary Marsh | 48,000 | 0.1p |
John Macmichael | 48,000 | 0.1p |
Matthew Richards | 48,000 | 0.1p |
Peter James | 48,000 | 0.1p |
The Options are subject to performance criteria determined by the Remuneration Committee linked to the pre tax profit performance of the Group in each year of a three year vesting period from 1st April 2017.
For further information please contact:Solid State plc 01527 830630Gary Marsh - Chief Executive [email protected]Peter James - Group Finance Director
WH Ireland (Nominated Advisor & Joint Broker) 0117 945 3470Mike Coe/Ed Allsopp (Corporate Finance)Jasper Berry/David Kilbourn (Corporate Broking/Sales)finnCap (Joint Broker) 020 7220 0500Ed Frisby/Kate Bannatyne (Corporate Finance)Emily Morris/Rhys Williams (Corporate Broking/Sales)
Walbrook PR (Financial PR) 020 7933 8780Tom Cooper/Paul Vann 0797 122 1972 [email protected]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 industrial/rugged computing products, battery power solutions, communication systems, advanced antenna products, and electronic components 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 distributor to OEMs and bespoke manufacturer of specialist units to clients with complex requirements.
Headquartered in Redditch, Worcestershire, 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
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