REG - IQE PLC - IQE plc: Director/PDMR Shareholding

IqeAnnouncement

10/11/2023 07:00

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RNS Number : 9900S  IQE PLC  10 November 2023

IQE plc

 

Cardiff, UK

10 November 2023

 

Director/PDMR Shareholding

 

IQE plc (AIM:  IQE, "IQE", the "Company" or the "Group"), the leading
supplier of compound semiconductor wafer products and advanced material
solutions to the global semiconductor industry, was notified on 9 November
2023 that on that date Mr Americo Lemos, Chief Executive Officer of the Group,
purchased 1,367,012 ordinary shares of 1 pence each in the Company ("Ordinary
Shares") at a price of 17.15p.

Following the purchase, Mr Lemos' beneficial interest in the Company has
increased to 9,837,469 Ordinary Shares, representing approximately 1.02
percent of the total issued share capital.

This announcement is made in accordance with Article 19 of the EU Market Abuse
Regulation 596/2014 (as incorporated into UK domestic law by the European
Union (Withdrawal) Act 2018).

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 1.  Details of the Person discharging managerial responsibilities ("PDMR") /
     person closely associated with them ("PCA")
 a)  Name                                     Mr Americo Lemos
 2.  Reason for the notification
 a)  Position / status                        Chief Executive Officer
 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                Purchase of Ordinary Shares

 c)  Price(s) and volume(s)                   1,367,012 Ordinary Shares at a price of 17.15p per Ordinary Share
 d)  Aggregated information                   See above

     ·       Aggregated volume

     ·       Aggregated price
 e)  Date of the transaction(s)               9 November 2023

 f)  Place of the transaction                 London Stock Exchange, AIM (AIMX)

 

Contacts:

 

IQE plc

+44 (0) 29 2083 9400

Americo Lemos

Neil Rummings

Amy Barlow

 

Peel Hunt LLP (Nomad and Joint Broker)

+44 (0) 20 7418 8900

Paul Gillam

Richard Chambers

Kate Bannatyne

James Smith

 

Numis (Joint Broker)

+44 (0) 20 7260 1000

Simon Willis

Hugo Rubinstein

Iqra Amin

 

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

http://iqep.com
(https://www.globenewswire.com/Tracker?data=yZf7NKp1JKLALUCxlBuC8wkLnLAqoe5-kjjIlkMIDci9q9W0x_02bwZV-eorSbpLXZxy4zi3xHh-O4FM8nWjeg==)

 

IQE is the leading global supplier of advanced compound semiconductor wafers
and materials solutions that enable a diverse range of applications across:

 

·    Smart Connected Devices

·    Communications Infrastructure

·    Automotive and Industrial

·    Aerospace and Security

 

As a scaled global epitaxy wafer manufacturer, IQE is uniquely positioned in
this market which has high barriers to entry. IQE supplies the global market
and is enabling customers to innovate 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 employees across eight manufacturing
locations in the UK, US and Taiwan, and is listed on the AIM Stock
Exchange in London.

 

 

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