IQE PLC IQE plc: LTIP Award - Correction

RNS Number : 5702T

IQE PLC

24 June 2024

 

IQE plc

 

 

Cardiff, UK

24 June 2024

 

Long Term Incentive Plan (LTIP) Award - Correction

IQE plc (AIM:  IQE, "IQE" or the "Group"), the leading global supplier of compound semiconductor wafer products and advanced material solutions, announces that it has come to the Group's attention that there was a clerical error with the 'Long Term Incentive Plan (LTIP) Award' announcement released on 29 November 2023 under RNS Number: 0970V which incorrectly stated the number of share options awarded. The correct number of share options awarded to the Chief Executive Officer is 5,750,000. All other details in the announcement are correct.

 

IQE's Annual Report for the 2023 financial year, released on 24 May 2024 and available on IQE's website, includes the correct award details.

 

 

Contacts:

 

IQE plc

[phone]

Americo Lemos

Jutta Meier

Amy Barlow

           

Peel Hunt (Nomad and Joint Broker)

[phone]

Benjamin Cryer

Kate Bannatyne

Adam Telling

           

Numis (Joint Broker)

[phone]

Simon Willis

Hugo Rubinstein

Iqra Amin

 

Headland Consultancy (Financial PR)
+ 44 (0) 20 38054822

Andy Rivett-Carnac: [phone]

Chloe Francklin: [phone]

ABOUT IQE

http://iqep.com

 

 

IQE is the leading global supplier of advanced compound semiconductor wafers and materials solutions that enable a diverse range of applications across:

 

·    Smart Connected Devices

·    Communications Infrastructure

·    Automotive and Industrial

·    Aerospace and Security

 

As a scaled global epitaxy wafer manufacturer, IQE is uniquely positioned in this market which has high barriers to entry. IQE supplies the global market and is enabling customers to innovate at chip and OEM level. By leveraging the Group's intellectual property portfolio including know-how and patents, it produces epitaxy wafers of superior quality, yield and unit economics.

IQE is headquartered in Cardiff UK, with employees across eight manufacturing locations in the UK, US and Taiwan, and is listed on the AIM Stock Exchange in London.

 

 

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END

 

 

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