REG-IQE plc : Director/PDMR Shareholding <Origin Href="QuoteRef">IQE.L</Origin>

IqeAnnouncement

05/12/2017 07:10

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5 December 2017

IQE plc
("IQE" or the "Company")

Director/PDMR Shareholding

IQE plc (AIM: IQE) was notified on 4 December 2017 that Mr Phillip Rasmussen,
Finance Director of the Company, sold 353,012 ordinary shares of 1 pence each
in the Company ("Ordinary Shares") into his Self Invested Personal Pension
("SIPP"), and Dr Howard Williams, Operations Director of the Company, sold
537,202 Ordinary Shares into his SIPP.   Both sales were executed at the
gross average price of 162.875 pence per Ordinary Share (the "Transactions").
These Transactions, which were undertaken for tax planning purposes, were
completed on 4 December 2017.

Following the Transactions, Mr Rasmussen's beneficial ownership of Ordinary
Shares are unchanged at 1,573,357 Ordinary Shares, representing 0.2% of the
Company's issued share capital, and 2,211,444 unexercised fully vested options
over Ordinary Shares.   Dr Williams' beneficial ownership of Ordinary Shares
are also unchanged at 2,392,965 Ordinary Shares, representing 0.3% of the
Company's issued share capital, and 3,089,907 unexercised fully vested options
over Ordinary Shares.   In addition, Mr Rasmussen and Dr Williams each have
5,226,108 share options, which vest in January 2019 subject to performance
criteria.

The notification set out below is provided in accordance with the requirements
of the EU Market Abuse Regulation.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014

 1.  Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA")                                                                                  
 a)  Name                                                                                               Mr Phillip Rasmussen                                                                               
 2.  Reason for the notification                                                                                                                                                                           
 a)  Position / status                                                                                  PDMR (Finance Director)                                                                            
 b)  Initial notification / amendment                                                                   Initial notification                                                                               
 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 financial instrument                                                            Ordinary shares of 1 pence each in the Company  GB0009619924                                       
 b)  Nature of the transaction                                                                          Sale of Ordinary Shares                                                                            
 c)  Price(s) and volume(s)                                                                             Price(s) Volume(s)  162.875 pence 353,012 Ordinary Shares                                          
 d)  Aggregated information * Aggregated volume                                                         353,012 Ordinary Shares  162.875 pence per Ordinary Share  Total consideration of £575,000         
     * Aggregated price                                                                                                                                                                                    
     * Aggregated total                                                                                                                                                                                    
 e)  Date of the transaction                                                                            4 December 2017                                                                                    
 f)  Place of the transaction                                                                           London Stock Exchange, AIM                                                                         

 1.  Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA")                                                                                  
 a)  Name                                                                                               Dr Howard Williams                                                                                 
 2.  Reason for the notification                                                                                                                                                                           
 a)  Position / status                                                                                  PDMR (Operations Director)                                                                         
 b)  Initial notification / amendment                                                                   Initial notification                                                                               
 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 financial instrument                                                            Ordinary shares of 1 pence each in the Company  GB0009619924                                       
 b)  Nature of the transaction                                                                          Sale of Ordinary Shares                                                                            
 c)  Price(s) and volume(s)                                                                             Price(s) Volume(s)  162.875 pence 537,202 Ordinary Shares                                          
 d)  Aggregated information * Aggregated volume                                                         537,202 Ordinary Shares  162.875 pence per Ordinary Share  Total consideration of £875,000         
     * Aggregated price                                                                                                                                                                                    
     * Aggregated total                                                                                                                                                                                    
 e)  Date of the transaction                                                                            4 December 2017                                                                                    
 f)  Place of the transaction                                                                           London Stock Exchange, AIM                                                                         

Contacts:

 IQE plc  Drew Nelson Phil Rasmussen Chris Meadows                          +44 (0) 29 2083 9400   
 Canaccord Genuity Simon Bridges Henry Fitzgerald O'Connor Richard Andrews  + 44 (0) 20 7523 8000  
 Peel Hunt  Edward Knight                                                   +44 (0) 20 7418 8900   
                                                                                                   
This announcement is distributed by Nasdaq Corporate Solutions on behalf of
Nasdaq 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