REG - CML Microsystems PLC - Block listing Interim Return

CML MicrosystemsAnnouncement

27/09/2024 07:00

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RNS Number : 8719F  CML Microsystems PLC  27 September 2024

CML Microsystems Plc

("CML", the "Company" or the "Group")

BLOCK LISTING INTERIM RETURN

INCREASE IN BLOCK LISTING

 

Date: 27 September 2024

 

CML Microsystems Plc, which develops mixed-signal, RF and microwave
semiconductors for global communications markets, gives below the information
required by Schedule 6 of the AIM Rules for Companies.

 

 Name of applicant:                                                                CML Microsystems Plc
 Name of scheme:                                                                   CML Share Option Scheme
 Period of return:                        From:                                    27 March 2024  To:           26 September 2024
 Balance of unallotted securities under scheme(s) from previous return:            392,631 ordinary shares of 5p each
 Plus:  The amount by which the block scheme(s) has been increased since the       -
 date of the last return (if any increase has been applied for):

 Less:  Number of securities issued/allotted under scheme(s) during period         26,500
 (see LR3.5.7G):
 Equals:  Balance under scheme(s) not yet issued/allotted at end of period:        366,131 ordinary shares of 5p each

 

 Name of contact:              Nigel Clark, Non-Executive Chairman
 Telephone number of contact:  01621 875500

 

Increase in Block Listing

CML has today made an application to AIM for the block listing of a further
303,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares").
These Ordinary Shares will be available to satisfy the future exercises of
options over Ordinary Shares under the Company's employee share option
schemes. These shares, when issued, will rank pari passu in all respects with
the existing Ordinary Shares and it is expected that admission will occur on 2
October 2024.

 

 

 

 

Total Voting Rights

 

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 481,675 Ordinary Shares in treasury. Therefore, the total number
of voting rights in the Company is 16,023,079 ordinary shares.

 

The above figure of 16,023,079 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 FSA's Disclosure and
Transparency Rules.

 

 CML Microsystems Plc                            www.cmlmicroplc.com (http://www.cmlmicroplc.com/)

  Tel: +44(0)1621 875 500
 Chris Gurry, Group Managing Director

Nigel Clark, Non-Executive Chairman

 Shore Capital (Nominated Adviser and Broker)   Tel: +44(0)20 7408 4090

 Advisory
 Toby Gibbs

James Thomas

Lucy Bowden

Fiona Conroy (Corporate Broking)

 Alma PR                                        Tel: +44 (0)20 3405 0212

 Josh Royston

Andy Bryant

Robyn Fisher

 

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.

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