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

IqeAnnouncement

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RNS Number : 2449G  IQE PLC  29 May 2026

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY IN, INTO OR FROM THE UNITED STATES OR ANY OTHER JURISDICTION WHERE
TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION.

 

 

IQE plc

 

 

Cardiff, UK

29 May 2026

 

 

PDMR Shareholding

 

IQE plc (AIM: IQE, "IQE", the "Company" and, together with its subsidiary
companies, the "Group"), a leading global supplier of compound semiconductor
wafer products and advanced material solutions, announces that Mark Cubitt,
Chair and Bami Bastani, Non-Executive Director, participated in the Company's
recent fundraising and received ordinary shares in the capital of the Company
in the following amounts:

                                        Number of ordinary shares to be issued  Subscription price paid  Shareholding following issue of new ordinary shares  % shareholding of issued share capital following issue of new ordinary shares
 Mark Cubitt (Chair)                    1,295,305                               £256,470.46              1,295,305                                            0.10%
 Bami Bastani (Non-executive Director)  518,122                                 £102,588.24              689,122                                              0.05%

 

In accordance with the terms of the Existing Loan Notes, on redemption, Mark
Cubitt and Bami Bastani were each issued warrants to subscribe for ordinary
shares in the capital of the Company as follows. The warrants are exercisable
at any time up to and including 13 September 2028, following which they shall
lapse.

                                        Number of warrants issued  Maximum number of ordinary shares on exercise of warrants  % shareholding of issued share capital on exercise in full of warrants
 Mark Cubitt (Chair)                    1,709,803                  1,709,803                                                  0.23%
 Bami Bastani (Non-executive Director)  683,921                    683,921                                                    0.10%

 

The FCA notification made in accordance with the requirements of UK MAR is set
out at the end of this announcement.

Contacts:

 

IQE plc

+44 (0) 29 2083 9400

Jutta Meier

Mark Cubitt

Amy Barlow

 

Peel Hunt (Sole Bookrunner, Nomad and Joint Broker)

+44 (0) 20 7418 8900

Ben Cryer

Kate Bannatyne

Adam Telling

ECM Syndicate: Sohail Akbar, Nicolas Wilks

 

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 one of the leading global suppliers 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. IQE
supplies the global market and is enabling customers to innovate at chip and
OEM level. Through 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 quoted on the AIM Market of the
London Stock Exchange.

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                                     Mark Cubitt
 2.  Reason for the notification
 a)  Position / status                        PDMR (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                Participation in subscription for ordinary shares

 c)  Price(s) and volume(s)                   1,295,305 ordinary shares at an issue price of 19.8 pence per share
 d)  Aggregated information

     ·       Aggregated volume

     ·       Aggregated price
 e)  Date of the transaction(s)               28 May 2026

 f)  Place of the transaction                 Off-market

 a)  Description of the financial instrument  Issue of warrants to subscribe for ordinary shares of 1 pence each in the
                                              Company

                                              The underlying ordinary shares have an ISIN of GB0009619924
 b)  Nature of the transaction                Issue of warrants to subscribe for ordinary shares

 c)  Price(s) and volume(s)                   1,709,803 warrants to subscribe for 1,709,803 ordinary shares at an issue
                                              price of 15 pence per share (subject to adjustment in accordance with the
                                              conditions)
 d)  Aggregated information

     ·       Aggregated volume

     ·       Aggregated price
 e)  Date of the transaction(s)               28 May 2026

 f)  Place of the transaction                 Off-market

 

 1.  Details of the Person discharging managerial responsibilities ("PDMR") /
     person closely associated with them ("PCA")
 a)  Name                                     Bami Bastani
 2.  Reason for the notification
 a)  Position / status                        PDMR (Non-executive 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                Participation in subscription for ordinary shares

 c)  Price(s) and volume(s)                   518,122 ordinary shares at an issue price of 19.8 pence per share
 d)  Aggregated information

     ·       Aggregated volume

     ·       Aggregated price
 e)  Date of the transaction(s)               28 May 2026

 f)  Place of the transaction                 Off-market

 a)  Description of the financial instrument  Issue of warrants to subscribe for ordinary shares of 1 pence each in the
                                              Company

                                              The underlying ordinary shares have an ISIN of GB0009619924
 b)  Nature of the transaction                Issue of warrants to subscribe for ordinary shares

 c)  Price(s) and volume(s)                   683,921 warrants to subscribe for 683,921 ordinary shares at an issue price of
                                              15 pence per share (subject to adjustment in accordance with the conditions)
 d)  Aggregated information

     ·       Aggregated volume

     ·       Aggregated price
 e)  Date of the transaction(s)               28 May 2026

 f)  Place of the transaction                 Off-market

 

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