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CML MICROSYSTEMS PLC

Share Issue/Capital Change Sep 26, 2022

7566_rns_2022-09-26_ed04e3fb-aeb8-470b-a45b-eeacdfee036f.html

Share Issue/Capital Change

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National Storage Mechanism | Additional information

RNS Number : 6582A

CML Microsystems PLC

26 September 2022

26 September 2022

CML Microsystems Plc

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

BLOCK LISTING INTERIM RETURN

CANCELLATION OF TREASURY SHARES

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: 25 March 2022 To: 26 September 2022
Balance of unallotted securities under scheme(s) from previous return: 599,527 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): (380,229) ordinary shares of 5p each
Equals:  Balance under scheme(s) not yet issued/allotted at end of period: 219,298 ordinary shares of 5p each
Name of contact: Nigel Clark, Executive Chairman
Telephone number of contact: 01621 875500

Cancellation of Treasury Shares

The Company has today cancelled the 1,747,280 ordinary shares of 5p each which it held in treasury. These shares have been cancelled with immediate effect.

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 15,912,744 ordinary shares of 5p each. All of these shares carry voting rights. The Company now holds no shares in treasury.

Therefore, the above figure of 15,912,744 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

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 Gibbs

James Thomas

John More 

Corporate Broking

Fiona Conroy
Tel: +44(0)20 7408 4090
Alma PR

Josh Royston

Andy Bryant

Matthew 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.

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