Last checked at 27 Sep 2023 11:40
27 September 2023
CML Microsystems Plc
("CML", the "Company" or the "Group")
BLOCK LISTING INTERIM RETURN
INCREASE IN BLOCK LISTING
CML Microsystems Plc, which develops mixed-signal, RF and microwave semiconductors for global communications markets, gives below the information required by Schedule 6 of the AIM Rules for Companies.
Name of applicant: | CML Microsystems Plc | |||
Name of scheme: | CML Share Option Scheme | |||
Period of return: | From: | 27 March 2023 | To: | 26 September 2023 |
Balance of unallotted securities under scheme(s) from previous return: | 217,238 ordinary shares of 5p each | |||
Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for): | - | |||
Less: Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G): | - | |||
Equals: Balance under scheme(s) not yet issued/allotted at end of period: | 217,238 ordinary shares of 5p each | |||
Name of contact: | Nigel Clark, Executive Chairman |
Telephone number of contact: | 01621 875500 |
Increase in Block Listing
CML has today made an application to AIM for the block listing of a further 175,393 ordinary shares of 5 pence each in the Company ("Ordinary Shares"). These Ordinary Shares will be available to satisfy the future exercises of options over Ordinary Shares under the Company's employee share option schemes. These shares, when issued, will rank pari passu in all respects with the existing Ordinary Shares and it is expected that admission will occur on 3 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 15,552,069 ordinary shares of 5p each. All of these shares carry voting rights. In addition to these 15,552,069 ordinary shares, the total number of treasury shares held is 360,675 which do not carry voting rights.
The above figure of 15,552,069 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 FSA's Disclosure and Transparency Rules.
CML Microsystems Plc Chris Gurry, Group Managing DirectorNigel Clark, Executive Chairman
| www.cmlmicroplc.com Tel: +44(0)1621 875 500 |
Shore Capital (Nominated Adviser and Broker) Advisory Toby GibbsJames ThomasLucy Bowden Corporate Broking Fiona Conroy
| Tel: +44(0)20 7408 4090 |
Alma PR Josh RoystonAndy BryantMatthew Young | Tel: +44 (0)20 3405 0212
|
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.