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IQE PLC (IQE)

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Tuesday 28 May, 2019

IQE PLC

IQE plc: Holding(s) in Company

IQE plc: Holding(s) in Company

28 May 2019

IQE plc
(“IQE” or the “Company”)

Holding(s) in Company

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: IQE PLC
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)
Non-UK issuer  
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights  
An acquisition or disposal of financial instruments  
An event changing the breakdown of voting rights  
Other (please specify)iii:

Massachusetts Mutual Life Insurance Company (“MassMutual”), an indirect corporate parent of OppenheimerFunds, Inc. (“OFI”) and its subsidiaries, sold OFI to Invesco Ltd. (“Invesco”) in a transaction that closed on May 24, 2019.  As a result, investment discretion and voting rights previously exercised by OFI over its various mutual funds and other accounts has been transferred to Invesco.  OFI no longer holds any disclosable position in the issuer.
X
3. Details of person subject to the notification obligationiv
Name OppenheimerFunds, Inc.
City and country of registered office (if applicable) 225 Liberty Street, New York, New York, 10281, United States
4. Full name of shareholder(s) (if different from 3.)v
Name  
City and country of registered office (if applicable)  
5. Date on which the threshold was crossed or reachedvi: 24 May 2019
6. Date on which issuer notified (DD/MM/YYYY): 24 May 2019
7. Total positions of person(s) subject to the notification obligation
  % of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B) Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached 18.01%   18.01% 790,503,269
Position of previous notification (if

applicable)
18.01%   18.01%  



8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of
shares

ISIN code (if possible)
Number of voting rightsix% of voting rights
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB0009619924   0   0.00%
         
SUBTOTAL 8. A 0 0.00%


B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrumentExpiration
date
x
Exercise/
Conversion Period
xi
Number of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
         
    SUBTOTAL 8. B 1    


B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrumentExpiration
date
x
Exercise/
Conversion Period
xi
Physical or cash
settlementxii
Number of voting rights % of voting rights
           
     SUBTOTAL 8.B.2    


9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii X
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)
 
Namexv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold
       
       
       
       
       
       
 
10. In case of proxy voting, please identify:
Name of the proxy holder  
The number and % of voting rights held  
The date until which the voting rights will be held  
 
11. Additional informationxvi
OppenheimerFunds, Inc. (“OFI”) is a registered investment advisor with the U.S. SEC. Its ultimate parent company, Massachusetts Mutual Life Insurance Company, qualifies for disaggregation under FCA regulations. The shares of the issuer were held by investment accounts managed by OFI and its wholly owned subsidiary, OFI Global Institutional, Inc.


Place of completion 225 Liberty Street, New York, New York, 10281, United States
Date of completion 24 May 2019

a d v e r t i s e m e n t