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

IqeAnnouncement

Tue 07:00

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RNS Number : 0873P  IQE PLC  01 July 2025

IQE plc

 

 

Cardiff, UK

1 July 2025

 

 

Issue of Options Director/PDMR Shareholding

 

IQE plc (AIM:  IQE, "IQE" or the "Group"), the leading supplier of compound
semiconductor wafer products and advanced material solutions to the global
semiconductor industry, advises that on 1 July 2025, Mark Cubitt, Executive
Chair, and Jutta Meier, Chief Executive Officer, received grants of nil cost
share options ("Options") over ordinary shares of 1 pence each in the Company
("Ordinary Shares") pursuant to IQE's Long Term Incentive Plan ("LTIP").

As previously disclosed, from 1 May 2025 Mark and Jutta received fee/salary
adjustments to reflect their increased responsibilities and workloads as
Executive Chair and Chief Executive Officer. With the Board's agreement and
effective from 1 July until 31 December 2025, Mark and Jutta have opted for
their pay adjustments to be received as Options under the LTIP. Mark has
received 423,209 Options and Jutta has received 766,683 Options. The Options
will vest monthly but will not be exercisable until the start of 2026. Other
members of the Executive Leadership Team have also opted for a proportion of
their pay to be received in Options under the same conditions.

Contacts:

 

IQE plc

+44 (0) 29 2083 9400

Mark Cubitt

Jutta Meier

Amy Barlow

 

Peel Hunt (Nomad and Joint Broker)

+44 (0) 20 7418 8900

Ben Cryer

Kate Bannatyne

Adam Telling

 

Deutsche 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 manufacturing
locations in the UK, US and Taiwan, and is listed on the AIM Stock Exchange in
London.

 

 

 

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 Mark Cubitt
 2.  Reason for the notification
 a)  Position / status                        PDMR (Executive Chair)
 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                Award of options

 c)  Price(s) and volume(s)                   423,209 Ordinary Shares
 d)  Aggregated information

     ·       Aggregated volume

     ·       Aggregated price
 e)  Date of the transaction(s)               1 July 2025

 f)  Place of the transaction                 Off-market

 

 1.  Details of the Person discharging managerial responsibilities ("PDMR") /
     person closely associated with them ("PCA")
 a)  Name                                     Ms Jutta Meier
 2.  Reason for the notification
 a)  Position / status                        PDMR (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                Award of options

 c)  Price(s) and volume(s)                   766,683 Ordinary Shares
 d)  Aggregated information

     ·       Aggregated volume

     ·       Aggregated price
 e)  Date of the transaction(s)               1 July 2025

 f)  Place of the transaction                 Off-market

 

 

 

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