Picture of CML Microsystems logo

CML CML Microsystems News Story

0.000.00%
gb flag iconLast trade - 00:00
TechnologyAdventurousMicro CapContrarian

REG - CML Microsystems PLC - Transfer of Treasury Shares

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260408:nRSH5389Za&default-theme=true

RNS Number : 5389Z  CML Microsystems PLC  08 April 2026

8 April 2026

 

CML Microsystems Plc

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

Transfer of Treasury Shares

Total Voting Rights

 

CML, which develops mixed-signal, RF and microwave semiconductors for global
communications markets, announces that on 7 April 2026, it transferred 51,312
ordinary shares of 5 pence each ("Ordinary Shares") out of treasury.

 

On 2 October 2023, the Company announced that it had completed the acquisition
of Microwave Technology, Inc. ("MwT") and that, as part of the consideration
it would be issuing Consideration Shares to the vendors of MwT. The final
tranche of those Consideration Shares was due to be issued on the third
anniversary of the acquisition of MwT, but the Company has agreed with one of
the vendors to issue that vendor's shares today. The remaining 39,467
Consideration Shares will be issued on 2 October 2026.

 

The 51,312 shares transferred out of treasury today are part of those
Consideration Shares.

 

Full details on the Consideration Shares and the acquisition of MwT can be
found in the Company's announcement of 2 October 2023.

 

 

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 17,603,888 Ordinary Shares. The
Company holds 404,884 Ordinary Shares in treasury. Therefore, the total number
of voting rights in the Company is 16,659,004 Ordinary Shares.

 

The above figure of 16,659,004 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.

 

 Tel: +44(0)1621 875 500
 CML Microsystems Plc

 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.

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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TRSUPUUACUPQGRM



            Copyright 2019 Regulatory News Service, all rights reserved

Recent news on CML Microsystems

See all news