CML Microsystems Plc

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

BLOCK LISTING INTERIM RETURN

INCREASE IN BLOCK LISTING

Date: 27 September 2024

CML Microsystems Plc, which develops mixed-signal, RF and microwave semiconductors for global communications markets, gives below the information required by Schedule 6 of the AIM Rules for Companies.

Increase in Block Listing

CML has today made an application to AIM for the block listing of a further 303,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares"). These Ordinary Shares will be available to satisfy the future exercises of options over Ordinary Shares under the Company's employee share option schemes. These shares, when issued, will rank pari passu in all respects with the existing Ordinary Shares and it is expected that admission will occur on 2 October 2024.

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 16,504,754 Ordinary Shares. The Company holds 481,675 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 16,023,079 ordinary shares. 

The above figure of 16,023,079 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 FSA's Disclosure and Transparency Rules.

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.