IQE PLC Iqe Plc : Director/Pdmr Shareholding

 
TIDMIQE 
 
 
   5 December 2017 
 
   IQE plc 
 
   ("IQE" or the "Company") 
 
   Director/PDMR Shareholding 
 
   IQE plc (AIM: IQE) was notified on 4 December 2017 that Mr Phillip 
Rasmussen, Finance Director of the Company, sold 353,012 ordinary shares 
of 1 pence each in the Company ("Ordinary Shares") into his Self 
Invested Personal Pension ("SIPP"), and Dr Howard Williams, Operations 
Director of the Company, sold 537,202 Ordinary Shares into his SIPP. 
Both sales were executed at the gross average price of 162.875 pence per 
Ordinary Share (the "Transactions"). These Transactions, which were 
undertaken for tax planning purposes, were completed on 4 December 2017. 
 
   Following the Transactions, Mr Rasmussen's beneficial ownership of 
Ordinary Shares are unchanged at 1,573,357 Ordinary Shares, representing 
0.2% of the Company's issued share capital, and 2,211,444 unexercised 
fully vested options over Ordinary Shares.   Dr Williams' beneficial 
ownership of Ordinary Shares are also unchanged at 2,392,965 Ordinary 
Shares, representing 0.3% of the Company's issued share capital, and 
3,089,907 unexercised fully vested options over Ordinary Shares.   In 
addition, Mr Rasmussen and Dr Williams each have 5,226,108 share options, 
which vest in January 2019 subject to performance criteria. 
 
   The notification set out below is provided in accordance with the 
requirements of the EU Market Abuse Regulation. 
 
   Notification of a Transaction pursuant to Article 19(1) of Regulation 
(EU) No. 596/2014 
 
 
 
 
1.  Details of the Person discharging managerial responsibilities 
     ("PDMR") / person closely associated with them ("PCA") 
a)  Name                        Mr Phillip Rasmussen 
2.  Reason for the notification 
a)  Position / status           PDMR (Finance Director) 
b)  Initial notification /      Initial notification 
    amendment 
3.  Details of the issuer, emission allowance market participant, 
     auction platform, auctioneer or auction monitor 
a)  Name                        IQE plc 
b)  Legal Entity Identifier     213800Y33WHD3ESJJP16 
4.  Details of the transaction(s): section to be repeated 
     for (i) each type of instrument; (ii) each type of 
     transaction; (iii) each date; and (iv) each place 
     where transactions have been conducted 
a)  Description of the          Ordinary shares of 1 pence each in the Company 
    financial instrument         GB0009619924 
b)  Nature of the transaction   Sale of Ordinary Shares 
c)  Price(s) and volume(s)      Price(s) Volume(s) 
                                 162.875 pence 353,012 Ordinary Shares 
d)  Aggregated information 
     --    Aggregated volume      353,012 Ordinary Shares 
                                  162.875 pence per Ordinary Share 
     --    Aggregated price       Total consideration of GBP575,000 
 
     --    Aggregated total 
e)  Date of the transaction     4 December 2017 
f)  Place of the transaction    London Stock Exchange, AIM 
 
 
 
 
1.  Details of the Person discharging managerial responsibilities 
     ("PDMR") / person closely associated with them ("PCA") 
a)  Name                        Dr Howard Williams 
2.  Reason for the notification 
a)  Position / status           PDMR (Operations Director) 
b)  Initial notification /      Initial notification 
    amendment 
3.  Details of the issuer, emission allowance market participant, 
     auction platform, auctioneer or auction monitor 
a)  Name                        IQE plc 
b)  Legal Entity Identifier     213800Y33WHD3ESJJP16 
4.  Details of the transaction(s): section to be repeated 
     for (i) each type of instrument; (ii) each type of 
     transaction; (iii) each date; and (iv) each place 
     where transactions have been conducted 
a)  Description of the          Ordinary shares of 1 pence each in the Company 
    financial instrument         GB0009619924 
b)  Nature of the transaction   Sale of Ordinary Shares 
c)  Price(s) and volume(s)      Price(s) Volume(s) 
                                 162.875 pence 537,202 Ordinary Shares 
d)  Aggregated information 
     --    Aggregated volume      537,202 Ordinary Shares 
                                  162.875 pence per Ordinary Share 
     --    Aggregated price       Total consideration of GBP875,000 
 
     --    Aggregated total 
e)  Date of the transaction     4 December 2017 
f)  Place of the transaction    London Stock Exchange, AIM 
 
 
   Contacts: 
 
 
 
 
IQE plc 
 Drew Nelson 
 Phil Rasmussen 
 Chris Meadows                [phone] 
Canaccord Genuity 
 Simon Bridges 
 Henry Fitzgerald O'Connor 
 Richard Andrews             + 44 (0) 20 7523 8000 
Peel Hunt 
 Edward Knight                [phone] 
 
 
 
 
   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

December 05, 2017 02:00 ET (07:00 GMT)

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