RNS Number : 4718O
CML Microsystems PLC
02 December 2024
 

2 December 2024

CML Microsystems Plc

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

Director/PDMR Dealing

The Company announces that on 29 November 2024, Chris Gurry, Group Managing Director, transferred 100,000 ordinary 5p shares in the Company ("Ordinary Shares") to his wife for nil consideration. Mr Gurry's beneficial interest in the Company remains unchanged at 1,263,458 Ordinary Shares, representing approximately 7.84% of its total voting rights. 

Further information is disclosed below in accordance with Article 19 of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

Christopher A Gurry

2

Reason for the notification

a)

 

Position/status

 

Group Managing Director

b)

 

Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

 

CML Microsystems Plc

b)

 

LEI

213800HF8HL7CZDM5C42

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

 

Identification code

5p ordinary shares in CML Microsystems Plc

 

 

 ISIN: GB0001602944

b)

 

Nature of the transaction

 

Transfer of ordinary shares in CML Microsystems Plc

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

nil

100,000

d)

 

Aggregated information

- Aggregated volume

 

- Price

 

  

100,000 shares

 

nil

e)

 

Date of the transaction

29 November 2024

f)

 

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

Gaye Deborah Gurry

2

Reason for the notification

a)

 

Position/status

 

Person closely associated with Christopher A Gurry, Group Managing Director

b)

 

Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

 

CML Microsystems Plc

b)

 

LEI

213800HF8HL7CZDM5C42

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

 

Identification code

5p ordinary shares in CML Microsystems Plc

 

 

 ISIN: GB0001602944

b)

 

Nature of the transaction

 

Transfer of ordinary shares in CML Microsystems Plc

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

nil

100,000

d)

 

Aggregated information

- Aggregated volume

 

- Price

 

  

100,000 shares

 

nil

e)

 

Date of the transaction

29 November 2024

f)

 

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

Enquiries:

CML Microsystems Plc

Chris Gurry, Group Managing Director

Nigel Clark, Non-Executive Chairman

 

www.cmlmicroplc.com
Tel: +44 (0) 1621 875 500

Shore Capital (Nominated Adviser and Broker)

Toby Gibbs

James Thomas

Lucy Bowden

Fiona Conroy (Corporate Broking)

 

Tel: +44 (0) 20 7408 4090

Alma Strategic Communications

Josh Royston

Andy Bryant

Robyn Fisher

Emma Thompson

Tel: +44 (0)20 3405 0205

 



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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