IQE PLC Iqe Plc: Issue Of Shares
05 July 2021 - 8:00PM
UK Regulatory
TIDMIQE
IQE plc
Cardiff, UK
5 July 2021
Issue of shares
IQE plc (AIM: IQE, "IQE" or the "Company"), the leading global
supplier of advanced semiconductor wafer products and material
solutions to the semiconductor industry, announces that it has
agreed to issue 687,000 new ordinary shares of 1 pence each in the
Company ("Ordinary Shares") to a number of operational staff in
South Wales.
The decision to issue these Ordinary Shares was made in
recognition of share options forfeited for operational reasons.
Executive Directors and members of the Executive Management Board
will not receive any Ordinary Shares as part of this issuance.
The total number of voting rights in the Company following
Admission will be 802,006,479. This figure may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's
Disclosure and Transparency Rules.
Application has been made for the 687,000 new Ordinary Shares to
be admitted to trading on AIM ("Admission"). It is expected that
Admission will occur at 8.00 am on or around 8 July 2021.
Contacts:
IQE plc
+44 (0) 29 2083 9400
Drew Nelson
Tim Pullen
Amy Barlow
Peel Hunt LLP (Nomad and Joint Broker)
+44 (0) 20 7418 8900
Edward Knight
Paul Gillam
Nick Prowting
Citigroup Global Markets Limited (Joint Broker)
+44 (0) 20 7986 4000
Christopher Wren
Peter Catterall
Headland Consultancy (Financial PR)
+ 44 (0) 20 38054822
Andy Rivett-Carnac: +44 (0) 7968 997 365
Chloe Francklin: +44 (0)78 3497 4624
ABOUT IQE
https://www.globenewswire.com/Tracker?data=vVUSJbb4dVO7eYyHmKQUSJy99FoT2uQxNZYca5U6hYXHZOXG1mVJ1cRleCpKfvdAG9RD-NMpD-hUqcV-2KSotgLYnuK2FzJL3SoP2LI22pnmnI-cbaSRQqbvpmNsXkRyoRFU6cmgYvw_Gaq-EnJrnQ-hZjqEPbOj02Uz7AEgrknA5GbRKUHY-izE_Sw04adOilDLbb4qcUpfX_bnQWYjqF9vsbJ1I-Vkqw6kGWOiqcg=
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. 660 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
July 05, 2021 06:00 ET (10:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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