4
March 2025
CML Microsystems
Plc
("CML", the "Company" or the
"Group")
Exercise of Options and Total Voting
Rights
CML announces that on 3 March 2025, Michelle
Jones, Group Director of Finance and Company Secretary, exercised
4,000 options over ordinary shares of 5 pence each in the capital
of the Company (the "Ordinary Shares"), at an exercise price of
£2.31 each. Following the exercise of options, Michelle Jones now
holds 4,000 Ordinary Shares, which represents approximately 0.03%
of the Company's issued share capital. The exercise of the options
is today being satisfied from existing Ordinary Shares which were
held by the Company in treasury.
Total Voting
Rights
Following this exercise of options, and in
conformity with the Financial Conduct Authority's Disclosure and
Transparency rules, CML Microsystems Plc hereby notifies the market
that the Company's issued share capital comprises 16,504,754
Ordinary Shares. The Company holds 589,895 Ordinary Shares in
treasury. Therefore, the total number of voting rights in the
Company is 15,914,859 ordinary shares.
The above figure of 15,914,859 Ordinary Shares
in the Company carrying voting rights may be used by shareholders
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
and Transparency Rules.
CML
Microsystems Plc
Chris Gurry, Group Managing
Director
Nigel Clark, Non-Executive Chairman
|
Tel: +44(0)1621 875 500
|
Shore Capital
Toby Gibbs
James Thomas
Lucy Bowden
Fiona Conroy (Corporate
Broking)
|
Tel:
+44(0)20 7408 4090
|
Alma Strategic Communications
Josh Royston
Andy Bryant
Robyn Fisher
Emma Thompson
|
Tel:
+44 (0)20 3405 0212
|
About CML Microsystems Plc
CML develops mixed-signal, RF and
microwave semiconductors for global communications markets. The
Group utilises a combination of outsourced manufacturing and
in-house testing with trading operations in the UK, Asia and USA.
CML targets sub-segments within Communication 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 commercial and industrial product manufacturers.
The spread of its customers and
diversity of the product range 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
appetite for data to be transmitted faster and more securely, the
upgrading of telecoms infrastructure around the world and the
growing prevalence of private commercial wireless networks for
voice and/or data communications linked to the industrial internet
of things (IIoT).
The Group is cash-generative, has no
debt and is dividend paying.
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
|
Michelle Jones
|
2
|
Reason for the
notification
|
a)
|
Position/status
|
Group Director of Finance and Company
Secretary
|
b)
|
Initial notification /Amendment
|
Initial
|
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 the financial instrument, type
of instrument
Identification code
|
Employee share options with an exercise price
of £2.31 each
ISIN: GB0001602944
|
b)
|
Nature of the transaction
|
Exercise of employee share
options
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£2.31
|
4,000
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A - single
transaction
|
e)
|
Date of the transaction
|
3 March 2025
|
f)
|
Place of the transaction
|
London Stock Exchange, AIM Market
(XLON)
|