TIDMIQE

RNS Number : 3716A

IQE PLC

22 January 2024

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0009619924

Issuer Name

IQE PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Citigroup Global Markets Limited

City of registered office (if applicable)

Country of registered office (if applicable)

GB

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

18-Jan-2024

6. Date on which Issuer notified

19-Jan-2024

7. Total positions of person(s) subject to the notification obligation

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                6.428229                0.285039                6.713268                64549050 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            10.009400               0.185600                10.195000 
                        ======================  ======================  ======================  ====================== 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
GB0009619924               61808362                                        6.428229 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              61808362                                        6.428229% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date   Exercise/conversion period  Number of voting rights   % of voting rights 
instrument                                                                that may be acquired if 
                                                                          the instrument is 
                                                                          exercised/converted 
 Right to Recall Lent Securities                                           835911                    0.086937 
                                                                          ========================  ================== 
Sub Total 8.B1                                                             835911                      0.086937% 
                                                                          ========================  ================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of financial  Expiration date     Exercise/conversion   Physical or cash    Number of voting    % of voting 
instrument                             period                settlement          rights              rights 
 OTC Swap           31.01.25 - 02.04.25                        Cash                1904777            0.198102 
                   ========================================   ==================  =================  ================= 
Sub Total 8.B2                                                                    1904777             0.198102% 
                                                                                 ==================  ================= 
 

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

 
Ultimate controlling     Name of controlled       % of voting rights if  % of voting rights     Total of both if it 
person                   undertaking              it equals or is        through financial      equals or is higher 
                                                  higher than the        instruments if it      than the notifiable 
                                                  notifiable threshold   equals or is higher    threshold 
                                                                         than the notifiable 
                                                                         threshold 
   Citigroup Inc.           Citigroup Inc. 
                         =======================  =====================  =====================  ====================== 
   Citigroup Inc.           Citigroup Global 
                            Markets Holdings 
                            Inc. 
                         =======================  =====================  =====================  ====================== 
   Citigroup Inc.           Citigroup Financial 
                            Products Inc. 
                         =======================  =====================  =====================  ====================== 
   Citigroup Inc.           Citigroup Global 
                            Markets Europe 
                            Finance Limited 
                         =======================  =====================  =====================  ====================== 
   Citigroup Inc.           Citigroup Global 
                            Markets 
                            (International) 
                            Finance GmBH 
                            Switzerland 
                         =======================  =====================  =====================  ====================== 
   Citigroup Inc.           Citigroup Global 
                            Markets Holdings 
                            Bahamas Limited 
                         =======================  =====================  =====================  ====================== 
                            Citigroup Global 
   Citigroup Inc.            Markets Limited         6.428229                                      6.428229% 
                         =======================  =====================  =====================  ====================== 
   Citigroup Inc.           Citigroup Global 
                             Markets Europe AG 
                         =======================  =====================  =====================  ====================== 
 

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

19-Jan-2024

13. Place Of Completion

Belfast

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