IQE plc
("IQE" or the "Company")
6Â October 2010
The company is providing an update to its block admission filed on 21 May 2010.
Name of company: IQE plc
Name of scheme: All employee share option scheme (2002)
Period of return: From 21 May 2010 to 4 October 2010
Number of ordinary 1 pence shares in the 591,615
Company ("Ordinary Shares") not issued
under scheme at the end of the last
period:
Number of Ordinary Shares issued under 494,528
scheme during period:
Number of Ordinary Shares cancelled Nil
under the scheme during period:
Balance of Ordinary Shares under scheme 97,087
not yet issued at end of period:
Number and class of Ordinary Shares 1,000,000 Ordinary Shares
originally admitted under scheme and the (4 December 2009)
date of admission
Application has been made to the London Stock Exchange for a block admission of
2,000,000 Ordinary Shares to satisfy obligations under the Company's existing
Group Employee Share Option Scheme. The shares will be allotted and issued in
due course in accordance with the rules of the respective scheme and will rank
pari passu in all respects with the existing Ordinary Shares in issue. It is
expected that admission of the Ordinary Shares under the block admission will
become effective on 11 October 2010. The new Ordinary Shares will be added to
the balance of 97,087 Ordinary Shares remaining from the previous block
admission.
Following this issue the total number of Ordinary Shares in issue will be
513,213,533.
Enquiries:
IQE plc Drew Nelson T: +44 29 2083 9400
Phil Rasmussen
Chris Meadows
Execution Noble James Bromhead T: +44 020 7456 9191
Richard Crawley
College Hill Adrian Duffield T: +44 20 7457 2020
Carl Franklin
[HUG#1449000]
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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: IQE plc via Thomson Reuters ONE
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