IQE plc : Director/PDMR Shareholding

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

Director/PDMR Shareholding

16 October 2014

IQE plc was notified yesterday that on 15 October 2014 the Company issued 105,340 new ordinary shares of 1p each (the "New Ordinary Shares") in the Company in settlement of Non-Executive Director fees ("NED fees") relating to the period from 1 January to 30 September 2014.

The New Ordinary Shares have been issued to Non-Executive Chairman Dr Godfrey Ainsworth in settlement of NED fees based on a volume weighted average price ("VWAP") of 22.66p per share for the period from 1 January to 30 June 2014, and a VWAP of 19.16p per share for the period from 1 July to 30 September 2014.

Following this issue of New Ordinary Shares, Dr Ainsworth's total beneficial interest in the Company is 3,227,339 shares representing 0.50% of the issued share capital ("ISC").

Following this issue of New Ordinary Shares, the Company's enlarged ISC will be 658,134,599 Ordinary Shares. All of these Ordinary Shares carry voting rights of one vote per Ordinary Share. There are no Ordinary Shares held in Treasury and so the total number of voting rights in the Company is currently 658,134,599.

Contacts:


IQE plc [phone]
Drew Nelson
Phil Rasmussen
Chris Meadows

Canaccord Genuity + 44 (0) 20 7523 8000
Simon Bridges
Cameron Duncan

Peel Hunt [phone]
Andy Crossley
Richard Kauffer

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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#1863313