IQE PLC Iqe Plc : Block Admission Return

 
TIDMIQE 
 
 
   IQE plc 
 
   ("IQE" or the "Company") 
 
   Block Admission Return 
 
   13 April 2017 
 
   Application has been made to the London Stock Exchange for a block 
admission of 12,000,000 ordinary shares of 1p each ("Ordinary Shares") 
to satisfy obligations under the Company's existing Group Employee Share 
Option Scheme and other employee share incentive schemes. The shares 
will be allotted and issued in due course in accordance with the rules 
of the respective scheme(s) and will rank pari passu in all respects 
with the existing Ordinary Shares in issue. It is expected that 
admission of the Ordinary Shares under the block admission will become 
effective on 20 April 2017. The new Ordinary Shares will be added to the 
balance of 2,296,678 Ordinary Shares remaining from the previous block 
admission. 
 
   The company hereby provides an update to its block admission filed on 31 
August 2016. 
 
 
 
 
Name of company:                                                            IQE plc 
 
Name of scheme:                                                All employee share option scheme 
 
Period of return:                                               31 August 2016 to 13 April 2017 
 
Number of Ordinary Shares not issued under scheme 
 at the end of the last period:                                                             6,267,415 
 
Number of Ordinary Shares issued under scheme during 
 period:                                                                                    3,970,737 
 
Number of Ordinary Shares cancelled under the scheme 
 during period:                                                                                   Nil 
 
Balance of Ordinary Shares under scheme not yet issued 
 at end of period:                                                                          2,296,678 
Post admission of additional 12,000,000 Ordinary Shares 
 applied for today, the revised number of Ordinary 
 Shares available under the block listing                                                  14,296,678 
 
Number and class of Ordinary Shares originally admitted   1,000,000 Ordinary Shares (4 Dec 2009) 
 under scheme and the date of admission                    2,000,000 Ordinary Shares (11 Oct 2010) 
                                                           5,000,000 Ordinary Shares (8 Nov 2010) 
                                                           8,000,000 Ordinary Shares (5 Apr 2011) 
                                                           6,000,000 Ordinary Shares (16 May 2012) 
                                                           16,000,000 Ordinary shares (19 Jun 2012) 
                                                           8,000,000 Ordinary shares (12 Aug 2014) 
                                                           8,000,000 Ordinary shares (3 Dec 2015) 
                                                           12,000,000 Ordinary shares (20 April 2017) 
 
 
   Contacts: 
 
   IQE plc                                                                                                 [phone] 
 
 
   Phil Rasmussen 
 
   Chris Meadows 
 
   Canaccord Genuity                                                                              + 44 (0) 20 7523 8000 
 
 
   Simon Bridges 
 
   Henry Fitzgerald-O'Connor 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: IQE plc via Globenewswire 
 
 
  http://www.iqep.com 
 

(END) Dow Jones Newswires

April 13, 2017 07:00 ET (11:00 GMT)

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