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On 8 April 2026, CML Microsystems Plc announced it transferred 51,312 ordinary shares of 5 pence each out of treasury on 7 April 2026. These shares are part of the consideration for the acquisition of Microwave Technology, Inc., completed on 2 October 2023, with the remaining 39,467 consideration shares due to be issued on 2 October 2026. CML also reported its issued share capital as 17,603,888 Ordinary Shares, with 404,884 shares held in treasury, resulting in 16,659,004 total voting rights.
| Date | 8 Apr 2026 |
| Time | 07:00:08 |
| Category | Capital structure |
| ID | 5389Z |
8 April 2026
CML Microsystems Plc
("CML", the "Company" or the "Group")
Transfer of Treasury Shares
Total Voting Rights
CML, which develops mixed-signal, RF and microwave semiconductors for global communications markets, announces that on 7 April 2026, it transferred 51,312 ordinary shares of 5 pence each ("Ordinary Shares") out of treasury.
On 2 October 2023, the Company announced that it had completed the acquisition of Microwave Technology, Inc. ("MwT") and that, as part of the consideration it would be issuing Consideration Shares to the vendors of MwT. The final tranche of those Consideration Shares was due to be issued on the third anniversary of the acquisition of MwT, but the Company has agreed with one of the vendors to issue that vendor's shares today. The remaining 39,467 Consideration Shares will be issued on 2 October 2026.
The 51,312 shares transferred out of treasury today are part of those Consideration Shares.
Full details on the Consideration Shares and the acquisition of MwT can be found in the Company's announcement of 2 October 2023.
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 17,603,888 Ordinary Shares. The Company holds 404,884 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 16,659,004 Ordinary Shares.
The above figure of 16,659,004 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.
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CML Microsystems Plc Chris Gurry, Group Managing Director
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Shore Capital Toby Gibbs James Thomas Lucy Bowden Fiona Conroy (Corporate Broking)
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Tel: +44(0)20 7408 4090 |
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Alma Strategic Communications Josh Royston Andy Bryant Robyn Fisher Emma Thompson |
Tel: +44 (0)20 3405 0212
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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.
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.