REG - CML Microsystems PLC - Transaction in Own Shares

CML MicrosystemsAnnouncement

03/07/2024 12:00

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RNS Number : 0127V  CML Microsystems PLC  03 July 2024

3 July 2024

CML Microsystems Plc

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

Transaction in Own Shares and Total Voting Rights

CML announces that, in accordance with the authority granted by shareholders
at the 2023 Annual General Meeting, it purchased 15,000 ordinary shares of 5p
each ("Ordinary Shares") at a price of £3.05 per share on 2 July 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 16,504,754 Ordinary Shares. The total
number of treasury shares held is 399,675, which do not carry voting rights;
the total number of shares carrying voting rights is therefore 16,105,079.

The above figure of 16,105,079 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 (Nominated Adviser & Broker)       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.

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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