Exercise of Warrants, Issue of Equity and TVR

IQE PLC

19 June 2026

 

IQE plc

Cardiff, UK

19 June 2026

Exercise of Warrants, Issue of Equity and TVR (Director/PDMR Shareholding)

IQE plc (AIM:  IQE, "IQE" or the "Group"), the leading global supplier of compound semiconductor wafer products and advanced material solutions, announces that Bami Bastani, Non-Executive Director, has exercised his warrants in respect of 683,921 ordinary shares of 1 pence each ("Ordinary Shares") in the capital of the Company at an exercise price of 13.5 pence per share.

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for Admission of the 683,921 Ordinary Shares to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 24 June 2026.

The Ordinary Shares will be issued fully paid and will rank pari passu in all respects with the Company's existing Ordinary Shares.

Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 1,323,263,283 with voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company's issued share capital.

Contacts:

IQE plc

[phone]

Mark Cubitt

Jutta Meier

Amy Barlow

Peel Hunt (Nomad and Joint Broker)

[phone]

Ben Cryer

Kate Bannatyne

Adam Telling

Deutsche Numis (Joint Broker)

[phone]

Simon Willis

Hugo Rubinstein

Iqra Amin

Headland Consultancy (Financial PR)
+ 44 (0) 20 38054822

Andy Rivett-Carnac: [phone]

Chloe Francklin: [phone]

ABOUT IQE

http://iqep.com

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	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	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	Exercise of warrants to subscribe for 683,921 ordinary shares of 1 pence each in the Company
c)	Price(s) and volume(s)	683,921 ordinary shares at an issue price of 13.5 pence per share (as adjusted in accordance with the warrant conditions)
d)	Aggregated information ·       Aggregated volume ·       Aggregated price
e)	Date of the transaction(s)	17 June 2026
f)	Place of the transaction	Off-market

 

END