REG - CML Microsystems PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">CML.L</Origin>
RNS Number : 0642NCML Microsystems PLC03 August 201703 August 2017
CML Microsystems Plc
("CML" or "the Group")
Director/PDMR Dealing
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Geoff Barnes
2
Reason for the notification
a)
Position/status
Non-Executive Director
b)
Initial notification /Amendment
Director's share dealing
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
CML Microsystems plc
b)
LEI
N/A
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
5p ordinary shares in CML Microsystems Plc
CML.L
b)
Nature of the transaction
Purchase of shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
455p
4,000 shares
d)
Aggregated information
- Aggregated volume
- Price
4,000
455p
e)
Date of the transaction
02 August 2017
f)
Place of the transaction
London Stock Exchange
CML Microsystems Plc
Chris Gurry, Group Managing Director
Neil Pritchard, Group Financial Directorwww.cmlmicroplc.com
Tel: +44(0)1621 875 500Cenkos Securities plc
Alex Aylen (Sales)
Max Hartley (Corporate Finance)Tel: +44(0)20 7397 8900
SP Angel Corporate Finance LLP
Jeff Keating
Tel: +44(0)203 463 2260
Alma PR
Josh Royston
Robyn Fisher
Tel: +44 (0)7780 901979
Tel: +44 (0)7540 706191
About CML Microsystems PLC
CML designs and develops semiconductors for the industrial storage and communications markets. The Group utilises a combination of in-house and outsourced manufacturing and has trading operations in Europe, the Far East and USA. CML targets niche 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 telecoms equipment providers and industrial product manufacturers.
The spread of its customers and products 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 ever increasing trend towards solid state storage devices in the commercial and industrial sectors, the upgrading of telecoms infrastructure around the world and the growing prevalence of private commercial communications networks for voice and/or data communications linked to the industrial internet of things (IIoT).
The Group is cash-generative, has no borrowings and is dividend paying.
This information is provided by RNSThe company news service from the London Stock ExchangeENDDSHBXGDICXGBGRX
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