REG-IQE plc : Appointment of Non-Executive Director <Origin Href="QuoteRef">IQE.L</Origin>

IqeAnnouncement

30/11/2017 07:05

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Cardiff, UK. 30(th) November  2017: IQE plc (AIM: IQE, "IQE" or the
"Group"), the leading global supplier of advanced wafer products and wafer
services to the semiconductor industry, is pleased to announce that it has
appointed Sir Derek Jones KCB as a non-executive director of the Company on
29(th) November 2017.

Until February 2017, Sir Derek Jones KCB (aged 64) was the Permanent Secretary
of the Welsh Government (the devolved government of Wales, responsible for a
wide range of policy and operations including economic development, trade,
investment, transport, education, science, health, social care, local
government, energy and the environment).  As Permanent Secretary he led an
organisation with an annual budget of some £15 billion; and a staff of 5,000
located in Wales, London, Brussels, the USA, Middle East and Far East. He was
also a member of the UK Civil Service Board and its Senior Leadership
Committee.

Sir Derek spent the earlier part of his government career in Whitehall,
working at HM Treasury and the then Department for Trade & Industry, where he
headed the Far East Trade Desk.  In government in Wales he has also served as
Director of Finance and Director of Economic Affairs, during which time he was
instrumental in securing major inward investment projects, particularly from
Japan and the USA.

Outside government, Sir Derek was Director of Business & Strategic
Partnerships at Cardiff University, responsible for securing long-term
collaborations with the private sector.  Cardiff University is a member of
the Russell Group of universities.  It was rated fifth in the UK in the most
recent Research Excellence Framework for the quality of its research and
second for the impact of research.  It is also ranked within the top 100
universities in the world and teaches over 30,000 students across all
disciplines.  Sir Derek is an Honorary Professor and Fellow of the
University.

Sir Derek is currently the Chair of the Prince's Trust in Wales and is a Vice
President of Cardiff Business Club.  He was made Companion of the Order of
the Bath (CB) in 2009 and subsequently Knight Commander (KCB) in 2014, for
services to economic and social conditions.

Dr Godfrey Ainsworth, Chairman of IQE said:

"I am delighted that Sir Derek has agreed to join IQE's Board. His wealth of
experience in leadership and governance, and his achievements supporting
regional, national and international trade are great attributes which will
enhance IQE's ambitious growth plans."

Sir David Grant, Chairman of the Nomination and Remuneration Committees, said:

"Sir Derek's accomplishments as a leader within government are well known and
I also know that his skills in the fields of higher education and innovation
fit very well with IQE as a high technology company that employs and will
continue to employ the most talented people at every level of the
organisation."

Due to his work in government, Sir Derek does not hold any other current
directorships and has not held any past directorships within the last five
years. Sir Derek does not hold any shares in the capital of the Company.

Save as disclosed above, there are no further disclosures required to be made
in respect of the appointment under Schedule 2(g) or Rule 17 of the AIM Rules
for Companies.

CONTACTS
 IQE plc +44 (0) 29 2083 9400 
 Drew Nelson 
 Phil Rasmussen 
 Chris Meadows 

Canaccord Genuity + 44 (0) 20 7523 8000 
 Simon Bridges 
 Henry Fitzgerald O'Connor
 Richard Andrews

Peel Hunt +44 (0) 20 7418 8900
 Edward Knight
 Nick Prowting

About IQE:

IQE is a leading global supplier of advanced semiconductor wafers with
products that cover a diverse range of applications. The Group's outsourced
foundry services provides a 'one stop shop' for the wafer needs of the world's
leading semiconductor manufacturers.

IQE uses advanced epitaxial growth technology platforms to manufacture and
supply advanced semiconductor 'epi-wafers' to the major chip manufacturing
companies, who then use these wafers to make the chips which form the key
components of virtually all high technology systems.

IQE's products are found in many consumer, communication, computing, mobility
and industrial applications. IQE's epi-wafers enable a wide range of
wireless/RF, photonics, infrared, power, solar, advanced electronics and
sensor technologies.

IQE operates multiple manufacturing and R&D facilities across Europe, Asia and
the USA.
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the content, accuracy and originality of the information contained therein.
Source: IQE plc via Globenewswire