CML Microsystems PLC Director/PDMR Dealing (5668T)

TIDMCML

RNS Number : 5668T

CML Microsystems PLC

21 March 2023

21 March 2023

CML Microsystems Plc

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

Director/PDMR Dealing

The Company announces that on 20 March 2023, Geoff Barnes, Senior Non-Executive Director, purchased a 5,000 ordinary 5p shares in the Company ("Ordinary Shares") at 577.45p per share.

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                        Geoff Barnes 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Senior Non-Executive Director 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  --------------------------------------- 
 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          5p ordinary shares in CML Microsystems 
       financial instrument,       Plc 
       type of instrument 
 
                                   ISIN: GB0001602944 
       Identification code 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   purchase of ordinary shares in CML 
                                   Microsystems Plc 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     577.45p    5,000 
                                               ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume 
                                    5,000 shares 
       - Price 
                                    577.45p 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     20 March 2023 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, AIM Market 
                                   (XLON) 
     --------------------------  --------------------------------------- 
 

Enquiries:

 
CML Microsystems Plc                   www.cmlmicroplc.com 
 Chris Gurry, Group Managing Director   Tel: [phone] 
 Nigel Clark, Executive Chairman 
Shore Capital (Nominated Adviser       Tel: [phone] 
 and Broker) 
 Toby Gibbs 
 James Thomas 
 John More 
 Fiona Conroy (Corporate Broking) 
Alma PR                                Tel: [phone] 
 Josh Royston 
 Andy Bryant 
 Matthew Young 
 
 

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHURUVRORUOUAR

(END) Dow Jones Newswires

March 21, 2023 03:00 ET (07:00 GMT)