CML Cml Microsystems Plc

TIDMCML

RNS Number : 2794F

CML Microsystems PLC

26 July 2016

26 July 2016

CML Microsystems Plc

Completion of Acquisition of Sicomm Technologies

CML Microsystems Plc ("the Group"), which designs, manufactures and markets mixed-signal and RF semiconductors, primarily for global communication and solid state storage markets, today announces that further to the announcement on 27 May 2016, it has now received domestic regulatory approval in connection with the planned acquisition of Sicomm Technologies Ltd, and related entities. The final consideration will now be settled by cash payment and the issue of the 774,181 new ordinary shares previously announced. An application will be made for the 774,181 new ordinary shares to be admitted to trading on the Official List of the FCA (standard segment) and to trading on the London Stock Exchange's Main Market for listed securities ("Admission"). Admission is expected to take place on 1 August 2016.

Accordingly, following Admission, the total number of ordinary shares in issue is 16,980,718 with each ordinary share holding one voting right (and excluding the total number of treasury shares held of 50,000) this total figure of 16,980,718 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 Group, under the Disclosure and Transparency Rules.

The information contained within this announcement is deemed by the Group to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.

 
CML Microsystems plc              www.cmlmicroplc.com 
Chris Gurry, Group Managing       Tel: +44 (0)1621 875 
 Director                          500 
Neil Pritchard, Group Financial 
 Director 
 
Cenkos Securities plc             Tel: +44 (0)20 7397 
 Jeremy Warner Allen (Sales)       8900 
 Max Hartley (Corporate Finance) 
 
SP Angel Corporate Finance        Tel: +44 (0)20 3463 
 LLP                               2260 
Jeff Keating 
 
Walbrook PR Ltd                   Tel: +44 (0)20 7933 
                                   8780 / cml@walbrookpr.com 
Paul McManus 
Helen Cresswell 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 26, 2016 08:52 ET (12:52 GMT)

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