Grant of Options

RNS Number : 5321A

CML Microsystems PLC

29 September 2015

 

CML Microsystems Plc

(The 'Company')

Grant of Options

The Company announces that on 25 September 2015 it granted options over a total of 546,451 Ordinary Shares of 5p each in the Company.  The options were granted under the CML Microsystems Plc share option schemes: 446,451 options at an option price of £3.51 and 100,000 at an option price of £3.475, and are applicable to the Company's global employee base.  Following this total grant of 546,451 share options, there are 1,040,400 share options outstanding, representing 6.46% of the Company's current issued share capital.  

Included in the above, a total of 80,000 share options over Ordinary Shares of 5p each were granted to the Directors as follows:

Director	No of options granted	Details	No of options held prior to the grant	No of shares in the Company in which the Director has voting rights (%ISC)
Chris Gurry	30,000	At £3.51, being the average closing mid-price for the previous three days before grant	20,000	917,567 (5.66%)
Neil Pritchard	25,000	At £3.475, being the closing mid-price on date of grant	20,000	-
Hugh Rudden	25,000	At £3.475, being the closing mid-price on date of grant	20,000	-

The options granted remain exercisable between the third and tenth anniversaries of the date of grant. 

For further information please contact:

CML Microsystems Plc                                                  www.cmlmicroplc.com

Chris Gurry, Group Managing Director                     Tel: [phone]

Neil Pritchard, Group Financial Director

Cenkos Securities plc                                                     Tel: [phone]

Jeremy Warner Allen (Sales)                                     

Max Hartley (Corporate Finance)

SP Angel Corporate Finance LLP                                Tel: [phone]

Jeff Keating

Walbrook PR Ltd                                                              Tel: [phone] / [e-mail]

Paul McManus                                                                 

Helen Cresswell                              

 

END

 

 

RDSGIGDCUDDBGUC