16 July 2024
CML Microsystems Plc
("CML", the "Company" or the "Group")
Posting of Annual Report
Notice of Annual General Meeting 2024
CML Microsystems Plc, which develops mixed-signal, RF and microwave semiconductors for global communications markets, announces that the Company's annual report and accounts for the year ended 31 March 2024 and notice of Annual General Meeting ("AGM") have, today, been posted to shareholders and are available on the Company's website at www.cmlmicroplc.com/news/investor-relations/financial-reports/.
Notice of AGM
The AGM will be held at 11:00 a.m. on Tuesday 13 August 2024, at Pontlands Park Hotel, West Hanningfield Road, Great Baddow, Chelmsford, Essex, CM2 8HR. The AGM will consider the Resolutions set out in the Notice of AGM. Full details of how to join the meeting in person are contained in the 2024 Notice of AGM.
| CML Microsystems Plc Chris Gurry, Group Managing Director
| www.cmlmicroplc.com |
| Shore Capital (Nominated Adviser and Broker) Advisory
| Tel: +44(0)20 7408 4090 |
| Alma PR Josh Royston Emma Thompson | Tel: +44 (0)20 3405 0212
|
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.
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