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CML Microsystems Announces Exercise of Share Options and Updates Voting Rights

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CML Microsystems Announces Exercise of Share Options and Updates Voting Rights

CML Microsystems ( (GB:CML) ) has shared an announcement.

CML Microsystems announced that Michelle Jones, the Group Director of Finance and Company Secretary, exercised 4,000 options over ordinary shares, representing approximately 0.03% of the company’s issued share capital. This transaction impacts the total voting rights, which now stand at 15,914,859 ordinary shares. The announcement is significant for stakeholders as it reflects the company’s adherence to regulatory transparency and provides insight into the shareholding structure, which may influence shareholder decisions.

More about CML Microsystems

CML Microsystems Plc develops mixed-signal, RF, and microwave semiconductors for global communications markets. The company targets sub-segments within communication markets that exhibit strong growth and high barriers to entry, serving a diverse, blue-chip customer base. CML operates in the UK, Asia, and the USA, and benefits from a business model that combines outsourced manufacturing with in-house testing, protecting it from the cyclicality of the semiconductor industry.

YTD Price Performance: -20.87%

Average Trading Volume: 14,836

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £36.2M

For a thorough assessment of CML stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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