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REG-IQE plc : Holding(s) in Company <Origin Href="QuoteRef">IQE.L</Origin>

06 May 2016 
 
 IQE plc 
 ("IQE" or the "Company") 
 
 Holding(s) in Company 
 
  1. Identity of the issuer or the underlying issuer  of existing shares to which voting rights are  attached:                                                                                                   IQE PLC  
  2 Reason for the notification (please tick the appropriate box or boxes):                                                                                                                                               
  An acquisition or disposal of voting rights                                                                                                                                                                            
  An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached                                                        
  An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments                                                                                                             
  An event changing the breakdown of voting rights                                                                                                                                                  X                     
  Other (please specify):                                                                                                                                                                                               
  3. Full name of person(s) subject to the  notification obligation:                                                                                                                      T. Rowe Price Associates, Inc.  
  4. Full name of shareholder(s)   (if different from 3.):                                             JP Morgan Chase State Street Bank & Trust Co. Bank of New York Mellon Bank, N.A. Bank of New York Mellon (FL)    
  5. Date of the transaction and date on  which the threshold is crossed or  reached:                                                                                                                        02 May 2016  
  6. Date on which issuer notified:                                                                                                                                                                          04 May 2016  
  7. Threshold(s) that is/are crossed or  reached:                                                                                                                                                                   12%  
 
 
   
 
  8. Notified details:                                                                                                                                                                                                                                                                                                    
  A: Voting rights attached to shares                                                                                                                                                                                                                                                                                     
  Class/type of  shares  if possible using the ISIN CODE    Situation previous  to the triggering  transaction                              Resulting situation after the triggering transaction                                                                                                                          
  Number  of  Shares                                                                       Number  of  Voting  Rights          Number  of shares         Number of voting  rights                              % of  voting rights                                                                             
  Direct                                                                      Direct                   Indirect    Direct                                Indirect                   
  GB0009619924                                              80,658,364                                 80,658,364                           80,658,364                                                        80,658,364                                                                             11.99%             
                                                          
                                                                                                                                                                                                                                                                                                                         
  B: Qualifying Financial Instruments                                                                                                                                                                                                                                                                                     
  Resulting situation after the triggering transaction                                                                                                                                                                                                                                                                    
  Type of financial  instrument                                                            Expiration  date        Exercise/  Conversion Period                                      Number of voting  rights that may be  acquired if the  instrument is  exercised/ converted              % of voting  rights          
                                                                                                                                                                                                                                                                                                                     
                                                                                                                                                                                                                                                                                                                         
  C: Financial Instruments with similar economic effect to Qualifying Financial Instruments                                                                                                                                                                                                                               
  Resulting situation after the triggering transaction                                                                                                                                                                                                                                                                    
  Type of financial  instrument                                               Exercise price           Expiration date         Exercise/  Conversion period           Number of voting rights instrument refers to                                                % of voting rights                                    
                                                                                                                                                                                                                                                             Nominal                                       Delta    
                                                                                                    
                                                                                                                                                                                                                                                                                                                         
  Total (A+B+C)                                                                                                                                                                                                                                                                                                           
  Number of voting rights                                                                                                                                Percentage of voting rights                                                                                                                                      
  80,658,364                                                                                                                                             11.99%                                                                                                                                                           
 
 
   
 
  9. Chain of controlled undertakings through which the voting rights and/or the  financial instruments are effectively held, if applicable:  
  T. Rowe Price Associates, Inc. (TRPA) serves as investment adviser, with dispositive and voting authority, to various institutional clients that own shares of IQE Plc, including the T. Rowe Price International Discovery Fund, which owns 64,785,075 shares. Such shares are registered in the following name(s):   JP Morgan Chase - 75,143,340   State Street Bank & Trust Co. - 2,140,067   Bank of New York Mellon Bank, N.A. - 1,970,892   Bank of New York Mellon (FL) - 1,404,065   Of the 80,658,364 shares 
 managed by T. Rowe Price Associates, Inc., 45,642 shares of the issuer are currently on loan. T. Rowe Price Associates, Inc. may recall these shares at any time.    
                                                                                                        
  Proxy Voting:                                                                                          
  10. Name of the proxy holder:                                                                         
  11. Number of voting rights proxy holder will cease  to hold:                                         
  12. Date on which proxy holder will cease to hold  voting rights:                                     
                                                                                                        
   13. Additional information:                                                                           
  14. Contact name:                            Gary Greb, Vice President T. Rowe Price Associates, Inc.  
  15. Contact telephone number:                                                        001 410 345 2527  
 
   
 

 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#2010224

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