CML Microsystems PLC Director/PDMR Shareholding (0642N)

TIDMCML

RNS Number : 0642N

CML Microsystems PLC

03 August 2017

03 August 2017

CML Microsystems Plc

("CML" or "the Group")

Director/PDMR Dealing

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------ 
 a)    Name                       Geoff Barnes 
----  -------------------------  --------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------ 
 a)    Position/status            Non-Executive Director 
----  -------------------------  --------------------------- 
 b)    Initial notification       Director's share dealing 
        /Amendment 
----  -------------------------  --------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------ 
 a)    Name                       CML Microsystems plc 
----  -------------------------  --------------------------- 
 b)    LEI                        N/A 
----  -------------------------  --------------------------- 
 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             5p ordinary shares in CML 
        the financial              Microsystems Plc 
        instrument, type 
        of instrument 
                                   CML.L 
        Identification 
        code 
----  -------------------------  --------------------------- 
 b)    Nature of the              Purchase of shares 
        transaction 
----  -------------------------  --------------------------- 
 c)    Price(s) and                 Price(s)   Volume(s) 
        volume(s)                   ---------  ------------- 
                                     455p       4,000 shares 
                                    ---------  ------------- 
----  -------------------------  --------------------------- 
       Aggregated information 
 
        - Aggregated 
        volume                      4,000 
 
 
 d)     - Price                     455p 
----  -------------------------  --------------------------- 
 e)    Date of the transaction    02 August 2017 
----  -------------------------  --------------------------- 
 f)    Place of the               London Stock Exchange 
        transaction 
----  -------------------------  --------------------------- 
 
 
 CML Microsystems Plc           www.cmlmicroplc.com 
  Chris Gurry, Group Managing    Tel: [phone] 
  Director                       500 
  Neil Pritchard, Group 
  Financial Director 
 Cenkos Securities plc          Tel: [phone] 
  Alex Aylen (Sales) 
  Max Hartley (Corporate 
  Finance) 
 SP Angel Corporate Finance     Tel: [phone] 
  LLP 
  Jeff Keating 
 Alma PR 
  Josh Royston                    Tel: [phone] 
  Robyn Fisher                    Tel: [phone] 
 

About CML Microsystems PLC

CML designs and develops semiconductors for the industrial storage and communications markets. The Group utilises a combination of in-house and outsourced manufacturing and has trading operations in Europe, the Far East and USA. CML targets niche 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 telecoms equipment providers and industrial product manufacturers.

The spread of its customers and products 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 ever increasing trend towards solid state storage devices in the commercial and industrial sectors, the upgrading of telecoms infrastructure around the world and the growing prevalence of private commercial communications networks for voice and/or data communications linked to the industrial internet of things (IIoT).

The Group is cash-generative, has no borrowings and is dividend paying.

This information is provided by RNS

The company news service from the London Stock Exchange

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August 03, 2017 09:40 ET (13:40 GMT)