4th Mar 2025 07:00
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 DirectorNigel 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)
|
| ||||
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) | ||||
Related Shares:
CML Microcircuits