CML Microsystems Plc
("CML", the "Company" or the "Group")
Posting of Annual Report and Notice of AGM
CML confirms its Annual Report and Accounts for the year ended 31 March 2022 along with its Notice of Annual General Meeting have been posted to shareholders and are available to download from the Company's website at www.cmlmicroplc.com .
The AGM will be held at Pontlands Park Hotel, West Hanningfield Road, Great Baddow, Chelmsford, Essex, CM2 8HR on 10 August 2022 at 11.00am.
Enquiries:
CML Microsystems Plc Chris Gurry, Group Managing Director Nigel Clark, Executive Chairman
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www.cmlmicroplc.com
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Shore Capital (Nominated Advisor and Broker) Toby Gibbs James Thomas John More
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Tel: +44 (0) 20 7408 4090 |
Alma PR Josh Royston Andy Bryant Matthew Young
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Tel: +44 (0)20 3405 0205
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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.