REG - CML Microsystems PLC - Exercise of Options and Total Voting Rights

CML MicrosystemsAnnouncement

22/05/2025 13:45

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RNS Number : 8337J  CML Microsystems PLC  22 May 2025

22 May 2025

CML Microsystems Plc

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

Exercise of Options and Total Voting Rights

CML announces that on 22 May 2025, an employee exercised, in aggregate, 7,000
options over ordinary shares of 5 pence each in the capital of the Company
("Ordinary Shares"), at an exercise price of £2.31 each. The exercise of the
options is today being satisfied by the transfer of 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 582,895 Ordinary Shares in
treasury. Therefore, the total number of voting rights in the Company is
15,921,859 ordinary shares.

The above figure of 15,921,859 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.

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