29 Sep 2015 09:27
CML Microsystems Plc
(The 'Company')
Grant of Options
The Company announces that on 25 September 2015 it granted options over a total of 546,451 Ordinary Shares of 5p each in the Company. The options were granted under the CML Microsystems Plc share option schemes: 446,451 options at an option price of £3.51 and 100,000 at an option price of £3.475, and are applicable to the Company's global employee base. Following this total grant of 546,451 share options, there are 1,040,400 share options outstanding, representing 6.46% of the Company's current issued share capital.
Included in the above, a total of 80,000 share options over Ordinary Shares of 5p each were granted to the Directors as follows:
Director | No of options granted | Details | No of options held prior to the grant | No of shares in the Company in which the Director has voting rights (%ISC)
|
Chris Gurry | 30,000 | At £3.51, being the average closing mid-price for the previous three days before grant | 20,000 | 917,567 (5.66%) |
Neil Pritchard | 25,000 | At £3.475, being the closing mid-price on date of grant | 20,000 | - |
Hugh Rudden | 25,000 | At £3.475, being the closing mid-price on date of grant | 20,000 | - |
The options granted remain exercisable between the third and tenth anniversaries of the date of grant.
For further information please contact:
CML Microsystems Plc www.cmlmicroplc.com
Chris Gurry, Group Managing Director Tel: +44(0)1621 875 500
Neil Pritchard, Group Financial Director
Cenkos Securities plc Tel: +44(0)207 397 8900
Jeremy Warner Allen (Sales)
Max Hartley (Corporate Finance)
SP Angel Corporate Finance LLP Tel: +44(0)203 463 2260
Jeff Keating
Walbrook PR Ltd Tel: +44(0)203 7933 8780 / cml@walbrookpr.com
Paul McManus
Helen Cresswell
CML Microcircuits (CML)