IQE plc : Block admission return <Origin Href="QuoteRef">IQE.L</Origin>

IqeAnnouncement

01/12/2015 11:10

IQE plc 
 ("IQE" or the "Company") 
 
 Block admission return 
 
 1 December 2015 
 
 The company is providing an update to its block admission filed on 04 August
2014. 
 
  Name of company:                                                                                                               IQE plc                                                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                                                                                                                                          
  Name of scheme:                                                                                                                All employee share option scheme                                                                                                                                                                                                                                                           
                                                                                                                                                                                                                                                                                                                                                                                                                          
  Period of return:                                                                                                              From 1 August 2014 to 30 November 2015                                                                                                                                                                                                                                                     
                                                                                                                                                                                                                                                                                                                                                                                                                          
  Number of ordinary 1 pence shares in the Company ("Ordinary Shares") not issued under scheme at the end of the last period:    8,023,142                                                                                                                                                                                                                                                                                  
                                                                                                                                                                                                                                                                                                                                                                                                                          
  Number of Ordinary Shares issued under scheme during period:                                                                   7,753,547                                                                                                                                                                                                                                                                                  
                                                                                                                                                                                                                                                                                                                                                                                                                          
  Number of Ordinary Shares cancelled under the scheme during period:                                                            Nil                                                                                                                                                                                                                                                                                        
                                                                                                                                                                                                                                                                                                                                                                                                                          
  Balance of Ordinary Shares under scheme not yet issued at end of period:                                                       269,595                                                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                                                                                                                                          
  Number and class of Ordinary Shares originally admitted under scheme and the date of admission                                 1,000,000 Ordinary Shares (4 Dec 2009) 2,000,000 Ordinary Shares (11 Oct 2010) 5,000,000 Ordinary Shares (8 Nov 2010) 8,000,000 Ordinary Shares (5 Apr 2011) 6,000,000 Ordinary Shares (16 May 2012) 16,000,000 Ordinary shares (19 Jun 2012) 8,000,000 Ordinary shares (12 Aug 2014)     
 Application has been made to the London Stock Exchange for a block admission
of 8,000,000 Ordinary Shares to satisfy obligations under the Company's
existing Group Employee Share Option Scheme and other employee share incentive
schemes. The shares will be allotted and issued in due course in accordance
with the rules of the respective scheme(s) and will rank pari passu in all
respects with the existing Ordinary Shares in issue. It is expected that
admission of the Ordinary Shares under the block admission will become
effective on 30 November 2014. The new Ordinary Shares will be added to the
balance of 269,595 Ordinary Shares remaining from the previous block
admission. 
 
 Contacts: 
 
 IQE
plc                                                                                                
+44 (0) 29 2083 9400 
 Drew Nelson 
 Phil Rasmussen 
 Chris Meadows 
 
 Canaccord
Genuity                                                                             
+ 44 (0) 20 7523 8000 
 Simon Bridges 
 Cameron Duncan 
 

 This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf
of NASDAQ OMX 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 
 HUG#1969978