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An announcement from Solid State ( (GB:SOLI) ) is now available.
Solid State plc has announced the transfer of 90,000 ordinary shares from Treasury to satisfy employee grants under its All Employee Share Plan. This move involves conditional awards of 250 shares each to executive officers, which will be retained until vesting conditions are satisfied. Following this transfer, Solid State holds 329,121 shares in Treasury, with a total issued share capital of 57,081,720 shares. The announcement highlights Solid State’s commitment to employee incentives and maintains transparency in its shareholding structure, potentially impacting shareholder calculations under FCA rules.
Spark’s Take on GB:SOLI Stock
According to Spark, TipRanks’ AI Analyst, GB:SOLI is a Outperform.
Solid State demonstrates strong financial fundamentals with consistent revenue growth, profitability, and efficient cash flow generation, underpinned by a stable balance sheet. Technical indicators suggest cautious optimism with positive momentum, while fair valuation and strategic corporate events, including securing significant orders and expanding production capabilities, enhance its long-term growth potential. These factors position Solid State as a moderately attractive investment in the Hardware, Equipment & Parts industry.
To see Spark’s full report on GB:SOLI stock, click here.
More about Solid State
Solid State plc is a leading value-added electronics group that supplies industrial and defense markets with durable components, assemblies, and manufactured systems for critical applications, emphasizing harsh operational environments. The company focuses on industrial and ruggedized computing, battery power solutions, antennas, secure radio systems, imaging technologies, and electronic components & displays. Operating through two divisions, Systems and Components, Solid State serves industries such as defense, energy production, aerospace, and more. Headquartered in Redditch, UK, the company employs over 400 people globally and operates from 14 sites, including seven production facilities in the UK and two in the USA.
Average Trading Volume: 66,094
Technical Sentiment Signal: Hold
Current Market Cap: £104.3M
For a thorough assessment of SOLI stock, go to TipRanks’ Stock Analysis page.