REG - CML Microsystems PLC - Transaction in Own Shares and Total Voting Rights

CML MicrosystemsAnnouncement

09/04/2024 07:00

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RNS Number : 7573J  CML Microsystems PLC  09 April 2024

9 April 2024

CML Microsystems Plc

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

Transaction in Own Shares and Total Voting Rights

CML announces that it purchased, in accordance with the authority granted by
shareholders at the 2023 Annual General Meeting, 42,500 ordinary shares of 5p
each ("Ordinary Shares") at a price of £3.00 per share on 8 April 2024. These
Ordinary Shares will be held in Treasury.

Total Voting Rights

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 16,101,579 ordinary shares of 5p
each. All of these shares carry voting rights. In addition to these 16,101,579
ordinary shares, the total number of treasury shares held is 403,175 which do
not carry voting rights.

The above figure of 16,101,579 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

 

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.

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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