REG - CML Microsystems PLC - Director/PDMR Dealing

CML MicrosystemsAnnouncement

21/03/2023 07:00

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RNS Number : 5668T  CML Microsystems PLC  21 March 2023

21 March 2023

CML Microsystems Plc

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

Director/PDMR Dealing

The Company announces that on 20 March 2023, Geoff Barnes, Senior
Non-Executive Director, purchased a 5,000 ordinary 5p shares in the Company
("Ordinary Shares") at 577.45p per share.

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                                                         Geoff Barnes

 2    Reason for the notification

 a)   Position/status                                              Senior Non-Executive Director

 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  5p ordinary shares in CML Microsystems Plc

      Identification code                                           ISIN: GB0001602944
 b)   Nature of the transaction                                    purchase of ordinary shares in CML Microsystems Plc

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   577.45p   5,000
 d)   Aggregated information

      - Aggregated volume

                                                                   5,000 shares

      - Price

                                                                   577.45p
 e)   Date of the transaction                                      20 March 2023

 f)   Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

d)

 

Aggregated information

- Aggregated volume

 

- Price

 

 

5,000 shares

 

577.45p

e)

 

Date of the transaction

20 March 2023

f)

 

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

Enquiries:

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

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

 Nigel Clark, Executive Chairman

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

 Toby Gibbs

 James Thomas

 John More

 Fiona Conroy (Corporate Broking)

 Alma PR                                       Tel: +44 (0)20 3405 0205

 Josh Royston

 Andy Bryant

 Matthew Young

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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