CML Microsystems PLC Director/PDMR Shareholding

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: [phone]
Shore Capital (Nominated Adviser and Broker) Toby Gibbs James Thomas Lucy Bowden Fiona Conroy (Corporate Broking)	Tel: [phone]
Alma Strategic Communications Josh Royston Andy Bryant Robyn Fisher Emma Thompson	Tel: [phone]

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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