IQE plc
("IQE" or the "Company")
Director/PDMR Shareholding
7 April 2009
IQE plc announces that 346,178 new ordinary shares have been issued
in settlement of Non-Executive Directors' fees for the period of
January to March 2009.
276,871 new ordinary shares have been issued to Non-Executive
Chairman Dr Godfrey Ainsworth at a price of 5.05p in settlement of
NED fees (excluding VAT) which were invoiced by Gambit Corporate
Finance of which Dr Ainsworth is Managing Partner. 207,653 of these
shares have been transferred to a nominee account to the order of his
partners. Dr Ainsworth has a beneficial interest in the remaining
69,218 shares. Following this issue, Dr Ainsworth's total beneficial
interest in the Company is 2,883,137 shares representing 0.66% of the
issued share capital.
69,307 of the new ordinary shares have been issued to Fishstone
Limited in respect of Non-Executive Director Simon Gibson's NED fees.
The new shares have been issued at a price of 5.05p. Following this
issue Simon Gibson's total beneficial interest in the Company is
224,748 shares representing 0.05% of the issued share capital.
Application has been made to the London Stock Exchange for the shares
to be admitted to AIM. Admission to trading on AIM of these Ordinary
Shares is expected to occur on Tuesday 14 April 2009.
Following this issue the total number of Ordinary Shares in issue
will be 433,903,109.
Contacts:
IQE plc (+44 29 2083 9400)
Chris Meadows
Phil Rasmussen
Noble & Company Limited (+ 44 20 7763 2200)
John Llewellyn-Lloyd
James Nelson
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This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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