CML Microsystems PLC has disclosed the purchase of 42,500 ordinary shares at a price of £3.00 per share on 8 April 2024. These shares will be held in Treasury. The company's issued share capital comprises 16,101,579 ordinary shares of 5p each, all carrying voting rights. Additionally, there are 403,175 treasury shares held, which do not carry voting rights. Shareholders can use the 16,101,579 ordinary shares as the denominator for the calculations to determine if they are required to notify their interest in the company under the FCA's Disclosure and Transparency Rules.

CML Microsystems PLC develops mixed-signal, RF, and microwave semiconductors for global communications markets. The company utilizes a combination of outsourced manufacturing and in-house testing with trading operations in the UK, Asia, and the USA. CML targets sub-segments within communication markets with strong growth profiles and high barriers to entry. The company has a diverse, blue-chip customer base, including leading commercial and industrial product manufacturers. The growth in its end markets is driven by factors such as the need for faster and more secure data transmission, telecom infrastructure upgrades worldwide, and the increasing prevalence of private commercial wireless networks for voice and/or data communications linked to the industrial internet of things (IIoT).