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RNS Number : 1616Z CML Microsystems PLC 04 March 2025
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
Tel: +44(0)1621 875 500
Chris Gurry, Group Managing Director
Nigel Clark, Non-Executive Chairman
Shore Capital Tel: +44(0)20 7408 4090
Toby Gibbs
James Thomas
Lucy Bowden
Fiona Conroy (Corporate Broking)
Alma Strategic Communications Tel: +44 (0)20 3405 0212
Josh Royston
Andy Bryant
Robyn Fisher
Emma Thompson
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 Employee share options with an exercise price of £2.31 each
Identification code ISIN: GB0001602944
b) Nature of the transaction Exercise of employee share options
c) Price(s) and volume(s)
Price(s) Volume(s)
£2.31 4,000
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
e) Date of the transaction 3 March 2025
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
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)
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