IQE PLC Iqe Plc: Director/Pdmr Shareholding

 
TIDMIQE 
 

IQE plc

Cardiff, UK

29 November 2021

Director/PDMR Shareholding

IQE plc (AIM: IQE, "IQE" or the "Group"), the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, was notified on 25 November 2021 that on that date, Mr Phil Smith, Interim Executive Chairman, purchased 40,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares").

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018).

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
1.  Details of the Person discharging managerial responsibilities 
     ("PDMR") / person closely associated with them ("PCA") 
    ------------------------------------------------------------------------------ 
a)  Name                     Mr Phil Smith 
    -----------------------  ----------------------------------------------------- 
2.  Reason for the notification 
    ------------------------------------------------------------------------------ 
a)  Position / status        PDMR (Executive Chairman) 
    -----------------------  ----------------------------------------------------- 
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            Purchase of Ordinary Shares 
    transaction 
    -----------------------  ----------------------------------------------------- 
c)  Price(s) and volume(s)   40,000 Ordinary Shares at 38.4399p per Ordinary Share 
    -----------------------  ----------------------------------------------------- 
d)  Aggregated information   Aggregated volume: 40,000 
    --    Aggregated volume   Aggregated price: GBP15,375.96 
    --    Aggregated price 
    -----------------------  ----------------------------------------------------- 
e)  Date of the              25 November 2021 
    transaction(s) 
    -----------------------  ----------------------------------------------------- 
f)  Place of the             London Stock Exchange, AIM (AIMX) 
    transaction 
    -----------------------  ----------------------------------------------------- 
 

Contacts:

IQE plc

[phone]

Phil Smith

Tim Pullen

Amy Barlow

Peel Hunt LLP (Nomad and Joint Broker)

[phone]

Edward Knight

Paul Gillam

James Smith

Citigroup Global Markets Limited (Joint Broker)

[phone]

Christopher Wren

Peter Catterall

Headland Consultancy (Financial PR)

+ 44 (0) 20 38054822

Andy Rivett-Carnac: [phone]

Chloe Francklin: [phone]

ABOUT IQE

https://www.globenewswire.com/Tracker?data=tyA0f_FxwezQoVDtI0wDwV6IOQJpJoawwWlzsdCrd8sJnLHB6eYayNf1DvgfyO0M7CY6qusKaNObTWkpLm6lgZifzzJDdBPUB2PBy1gUngst5Trm6_ivFUXVyGxZrb9t6AgC6JkMMPP6iDvrWzc8h-lIXlGFewwYaFnNi1cUezBPoU-t0ajQaYczDImN6WH8a1u3faL5v9lO5fYM8gcBRFRvKxR6qWdqGBBHLb6wRG4= 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:

   -- handset devices 
 
   -- global telecoms infrastructure 
 
   -- connected devices 
 
   -- 3D sensing 

As a scaled global epitaxy wafer manufacturer, IQE is uniquely positioned in this market which has high barriers to entry. IQE supplies the whole market and is agnostic to the winners and losers 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 c. 670 employees across nine manufacturing locations in the UK, US, Taiwan and Singapore, and is listed on the AIM Stock Exchange in London.

(END) Dow Jones Newswires

November 29, 2021 09:00 ET (14:00 GMT)

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