Transfer of Treasury Shares & Total Voting Rights
CML Microsystems Plc has transferred 39,467 ordinary shares from treasury as part of the consideration for the acquisition of Microwave Technology, Inc. Following this transfer, the company's issued share capital comprises 17,603,888 ordinary shares, with 365,417 shares held in treasury, resulting in a total of 16,698,471 voting rights. This figure serves as the denominator for shareholders calculating their notification obligations under the FCA's Disclosure and Transparency Rules.
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Transfer of Treasury Shares
Total Voting Rights
CML Microsystems Plc (the "Group" or the "Company"), which develops mixed-signal, RF and microwave semiconductors for global communications markets, announces that it has today transferred 39,467 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 39,467 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 now holds 365,417 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 16,698,471 ordinary shares.
The above figure of 16,698,471 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.
| CML Microsystems Plc Chris Gurry, Group Managing Director Nigel Clark, Non-Executive Chairman | Tel: +44(0)1621 875 500 |
| Shore Capital 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 0212 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.