CML Microcircuits Regulatory News (CML)

17 Oct 2022 07:00

RNS Number : 9866C CML Microsystems PLC 17 October 2022 160

17 October 2022

CML Microsystems Plc

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

Transaction in Own Shares

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CML announces that it has purchase orinary shares of pence each in its issue share capital as follows:

(1) Date of purchase:

14 October 2022

(2) Number of shares purchase:

1,79

(3) Average price per share:

420.00 pence

(4) Highest price per share:

420.00 pence

() Lowest price per share:

420.00 pence

(6) Treatment of purchase shares:

Hel in treasury

In conformity with the Financial Conuct Authority's Disclosure an Transparency rules, CML Microsystems Plc hereby notifies the market that the Company's issue share capital comprises 1,912,744 orinary shares of p each. Following the transfer of the 1,79 shares into treasury, the total number of treasury shares hel is now 6,316 which o not carry voting rights.

The total number of voting rights in the Group is therefore 1,906,428 (which exclues orinary shares hel by the Group in treasury).

This figure may be use by shareholers as the enominator for the calculation by which they will etermine if they are require to notify their interest in, or a change in their interest in, the Group uner the FCA's Disclosure an Transparency Rules.

The transaction is in accorance with the Group's buyback programme (the "Programme") announce on 3 October 2022.

In accorance with Article (1)(b) of the Market Abuse Regulation 96/2014/EU incorporate into UK omestic law by the European Union (Withrawal) Act 2018, the table below contains etaile information of the iniviual traes mae by Shore Capital as part of the Programme.

Scheule of Purchases - Iniviual Transactions

Number of shares purchase

Transaction price (pence per share)

Time of transaction

1,79

420.00

10:3

Enquiries:

CML Microsystems Plc

Chris Gurry, Group Managing Director

Nigel Clark, Executive Chairman

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www.cmlmicroplc.comTel: +44 (0) 1621 87 00

Shore Capital (Nominate Aviser an Broker)

Toby Gibbs

James Thomas

John More

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Tel: +44 (0) 20 7408 4090

Alma PR

Josh Royston

Any Bryant

Matthew Young

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Tel: +44 (0)20 340 020

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About CML Microsystems PLC

CML evelops mixe-signal, RF an microwave semiconuctors for global communications markets. The Group utilises a combination of outsource manufacturing an in-house testing with traing operations in the UK, Asia an USA. CML targets sub-segments within Communication markets with strong growth profiles an high barriers to entry. It has secure a iverse, blue chip customer base, incluing some of the worl's leaing commercial an inustrial prouct manufacturers.

The sprea of its customers an iversity of the prouct range largely protects the business from the cyclicality usually associate with the semiconuctor inustry. Growth in its en markets is being riven by factors such as the appetite for ata to be transmitte faster an more securely, the upgraing of telecoms infrastructure aroun the worl an the growing prevalence of private commercial wireless networks for voice an/or ata communications linke to the inustrial internet of things (IIoT).

The Group is cash-generative, has no ebt an is ivien paying.

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