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CML Microsystems Updates Share Option Scheme and Total Voting Rights

Story Highlights
  • CML Microsystems reported updated figures for its share option scheme, leaving 647,212 ordinary shares still available for future issuance.
  • The company confirmed it has 16,607,692 ordinary shares in issue carrying voting rights, setting the key denominator for shareholder disclosure thresholds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CML Microsystems Updates Share Option Scheme and Total Voting Rights

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The latest update is out from CML Microsystems ( (GB:CML) ).

CML Microsystems has provided an update on its share option scheme and current capital structure, confirming that 647,212 ordinary shares of 5p each remain available for issue under the CML Share Option Scheme following the allotment of 26,919 shares during the latest reporting period. The disclosure, made in line with AIM and FCA rules, also sets the company’s issued share capital at 17,063,888 ordinary shares, of which 456,196 are held in treasury, leaving 16,607,692 voting shares to be used by investors as the reference point for regulatory threshold calculations and stake disclosures.

The most recent analyst rating on (GB:CML) stock is a Hold with a £230.00 price target. To see the full list of analyst forecasts on CML Microsystems stock, see the GB:CML Stock Forecast page.

Spark’s Take on CML Stock

According to Spark, TipRanks’ AI Analyst, CML is a Neutral.

The score is primarily held back by weakening financial performance (declining revenue, negative profitability, and sharply lower free cash flow) and bearish technical momentum (below key moving averages with very low RSI and negative MACD). This is partially offset by an attractive valuation (low P/E) and a high dividend yield, plus low leverage on the balance sheet.

To see Spark’s full report on CML stock, click here.

More about CML Microsystems

CML Microsystems Plc develops mixed-signal, RF and microwave semiconductors for global communications markets, serving sub-segments with strong growth prospects and high barriers to entry. The cash-generative, debt-free and dividend-paying group operates with outsourced manufacturing, in-house testing and trading operations across the UK, Asia and the US, supplying a diverse blue-chip customer base in commercial and industrial sectors.

Average Trading Volume: 31,022

Technical Sentiment Signal: Strong Sell

Current Market Cap: £37.7M

For detailed information about CML stock, go to TipRanks’ Stock Analysis page.

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