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REG - CML Microsystems PLC - Grant of Options <Origin Href="QuoteRef">CML.L</Origin>

RNS Number : 5321A
CML Microsystems PLC
29 September 2015

CML Microsystems Plc

(The 'Company')

Grant of Options

The Company announces that on 25 September 2015 it granted options over a total of 546,451 Ordinary Shares of 5p each in the Company. The options were granted under the CML Microsystems Plc share option schemes: 446,451 options at an option price of 3.51 and 100,000 at an option price of 3.475, and are applicable to the Company's global employee base. Following this total grant of 546,451 share options, there are 1,040,400 share options outstanding, representing 6.46% of the Company's current issued share capital.

Included in the above, a total of 80,000 share options over Ordinary Shares of 5p each were granted to the Directors as follows:

Director

No of options granted

Details

No of options held prior to the grant

No of shares in the Company in which the Director has voting rights (%ISC)

Chris Gurry

30,000

At 3.51, being the average closing mid-price for the previous three days before grant

20,000

917,567

(5.66%)

Neil Pritchard

25,000

At 3.475, being the closing mid-price on date of grant

20,000

-

Hugh Rudden

25,000

At 3.475, being the closing mid-price on date of grant

20,000

-

The options granted remain exercisable between the third and tenth anniversaries of the date of grant.

For further information please contact:

CML Microsystems Plc www.cmlmicroplc.com

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

Neil Pritchard, Group Financial Director

Cenkos Securities plc Tel: +44(0)207 397 8900

Jeremy Warner Allen (Sales)

Max Hartley (Corporate Finance)

SP Angel Corporate Finance LLP Tel: +44(0)203 463 2260

Jeff Keating

Walbrook PR Ltd Tel: +44(0)203 7933 8780 / cml@walbrookpr.com

Paul McManus

Helen Cresswell


This information is provided by RNS
The company news service from the London Stock Exchange
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