REG - CML Microsystems PLC - Director/PDMR Dealing

CML MicrosystemsAnnouncement

29/06/2023 07:00

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RNS Number : 2822E  CML Microsystems PLC  29 June 2023

29 June 2023

CML Microsystems Plc

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

Director/PDMR Dealing

The Company announces that on 28 June 2023, Chris Gurry, Group Managing
Director, transferred a total of 170,000 ordinary 5p shares in the Company
("Ordinary Shares") into a trust, in which Mr Gurry and his wife are trustees.
Mr Gurry has also gifted an additional 20,694 Ordinary Shares. Mr Gurry and
his wife now have a total interest in 1,263,458 Ordinary Shares in the
Company, representing approximately 7.9% of its 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                                                         Chris Gurry

 2    Reason for the notification

 a)   Position/status                                              Group Managing 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                                    Gift of ordinary shares in CML Microsystems Plc

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   NA        20,694 shares
 d)   Aggregated information

      - Aggregated volume

                                                                   20,694 shares

      - Weighted Price

                                                                   NA
 e)   Date of the transaction                                      28 June 2023

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

d)

 

Aggregated information

- Aggregated volume

 

- Weighted Price

 

 

20,694 shares

 

NA

e)

 

Date of the transaction

28 June 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

 Lucy Bowden

 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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