CML Microsystems PLC Director/PDMR notification:Grant of Share Options (3250J)
March 29 2018 - 1:02AM
UK Regulatory
TIDMCML
RNS Number : 3250J
CML Microsystems PLC
29 March 2018
29 March 2018
CML Microsystems Plc
("CML", the "Company" or "the Group")
Director/PDMR notification: Grant of Share Options
The Company announces that on 28 March 2018 it granted options
to Neil Pritchard, Group Financial Director, and to Hugh Rudden,
Group Sales and Marketing Director, over 55,000 Ordinary Shares of
5p in the Company each, at an exercise price of GBP5.20 per share.
The exercise price represents the average middle market closing
price for the three business days preceding the date of the
grant.
The options were granted under existing CML Microsystems Plc
share option schemes, and may be exercised between the third and
tenth anniversaries of the date of grant.
Following the grant of the share options outlined above, there
are a total of 904,909 share options outstanding in CML under all
option schemes, representing approximately 5.30 per cent. of the
Company's issued share capital.
Further information is disclosed below in accordance with
Article 19 of the EU Market Abuse Regulation.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------
a) Name Neil Pritchard
--- ------------------------ -------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------
a) Position/status Group Financial Director
--- ------------------------ -------------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------ -------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------
a) Name CML Microsystems Plc
--- ------------------------ -------------------------------------
b) LEI 213800HF8HL7CZDM5C42
--- ------------------------ -------------------------------------
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 Share options over 5p ordinary
the financial shares in CML Microsystems
instrument, type Plc
of instrument
Identification
code ISIN: GB0001602944
--- ------------------------ -------------------------------------
b) Nature of the Grant of share options of
transaction ordinary shares in CML Microsystems
Plc
--- ------------------------ -------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ------------ -------------
Exercise 55,000 share
price of options
520.0p per
share
------------ -------------
--- ------------------------ -------------------------------------
d) Aggregated information: N/A
- Aggregated
volume
- Weighted Price
--- ------------------------ -------------------------------------
e) Date of the transaction 28 March 2018
--- ------------------------ -------------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------ -------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------
a) Name Hugh Rudden
--- ------------------------ -------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------
a) Position/status Group Sales and Marketing
Director
--- ------------------------ -------------------------------------
b) Initial notification Initial
/Amendment
--- ------------------------ -------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------
a) Name CML Microsystems Plc
--- ------------------------ -------------------------------------
b) LEI 213800HF8HL7CZDM5C42
--- ------------------------ -------------------------------------
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 Share options over 5p ordinary
the financial shares in CML Microsystems
instrument, type Plc
of instrument
Identification
code ISIN: GB0001602944
--- ------------------------ -------------------------------------
b) Nature of the Grant of share options of
transaction ordinary shares in CML Microsystems
Plc
--- ------------------------ -------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ------------ -------------
Exercise 55,000 share
price of options
520.0p per
share
------------ -------------
--- ------------------------ -------------------------------------
d) Aggregated information: N/A
- Aggregated
volume
- Weighted Price
--- ------------------------ -------------------------------------
e) Date of the transaction 28 March 2018
--- ------------------------ -------------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------ -------------------------------------
CML Microsystems Plc www.cmlmicroplc.com
Chris Gurry, Group Managing Tel: +44(0)1621 875
Director 500
Neil Pritchard, Group
Financial Director
Cenkos Securities plc Tel: +44(0)20 7397 8900
Russell Kerr (Sales)
Max Hartley (Corporate
Finance)
SP Angel Corporate Finance Tel: +44(0)203 463 2260
LLP
Jeff Keating
Alma PR
Josh Royston Tel: +44 (0)7780 901979
Caroline Forde Tel: +44 (0)7779 664584
Robyn Fisher Tel: +44 (0)7540 706191
About CML Microsystems PLC
CML designs and develops semiconductors for the industrial
storage and communications markets. The Group utilises a
combination of in-house and outsourced manufacturing and has
trading operations in Europe, the Far East and USA. CML targets
niche markets with strong growth profiles and high barriers to
entry. It has secured a diverse, blue chip customer base, including
some of the world's leading telecoms equipment providers and
industrial product manufacturers.
The spread of its customers and products largely protects the
business from the cyclicality usually associated with the
semiconductor industry. Growth in its end markets is being driven
by factors such as the ever increasing trend towards solid state
storage devices in the commercial and industrial sectors, the
upgrading of telecoms infrastructure around the world and the
growing prevalence of private commercial communications networks
for voice and/or data communications linked to the industrial
internet of things (IIoT).
The Group is cash-generative, has no borrowings and is dividend
paying.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHEANDPAFDPEFF
(END) Dow Jones Newswires
March 29, 2018 02:02 ET (06:02 GMT)
Cml Microsystems (LSE:CML)
Historical Stock Chart
From Apr 2024 to May 2024
Cml Microsystems (LSE:CML)
Historical Stock Chart
From May 2023 to May 2024