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RNS Number : 9545T CML Microsystems PLC 27 July 2022
CML Microsystems Plc
("CML", the "Company" or the "Group")
Posting of Annual Report and Notice of AGM
CML confirms its Annual Report and Accounts for the year ended 31 March 2022
along with its Notice of Annual General Meeting have been posted to
shareholders and are available to download from the Company's website at
www.cmlmicroplc.com (http://www.cmlmicroplc.com) .
The AGM will be held at Pontlands Park Hotel, West Hanningfield Road, Great
Baddow, Chelmsford, Essex, CM2 8HR on 10 August 2022 at 11.00am.
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 Advisor and Broker) Tel: +44 (0) 20 7408 4090
Toby Gibbs
James Thomas
John More
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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