IQE plc : Holding(s) in Company

IQE plc : Holding(s) in Company

20 December 2011

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

Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii
IQE PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the
notification obligation:
iii
T. Rowe Price Associates, Inc.
4. Full name of shareholder(s)  (if different from 3.):iv Chase Nominees Ltd.
National Australia Bank
Bank of New York Mellon Bank, N.A.
State Street Bank & Trust Co.
5. Date of the transaction and date on
which the threshold is crossed or
reached:
v
19 December 2011
6. Date on which issuer notified: 20 December 2011
7. Threshold(s) that is/are crossed or
reached:
vi, vii
13%


8. Notified details:
A: Voting rights attached to sharesviii, ix
Class/type of
shares

if possible using
the ISIN CODE
Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of  voting rights x
DirectDirect xiIndirect xiiDirectIndirect
GB0009619924 67,044,513 67,044,513 68,747,899 68,747,899 13.09%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
date
xiii
Exercise/
Conversion Period
xiv
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
% of voting
rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrument
Exercise priceExpiration date xviiExercise/
Conversion period
xviii
Number of voting rights instrument refers to% of voting rights xix, xx
NominalDelta
Total (A+B+C)
Number of voting rightsPercentage of voting rights
68,747,899 13.09%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi
T. Rowe Price Associates, Inc. (TRP A) serves as investment adviser, with dispositive and voting authority,to various institutional clients that own shares of IQE PIC, including the T. Rowe Price InternationalDiscovery Fund, which owns 49,620,365 shares. Such shares are registered in the following name(s): 

Chase Nominees Ltd. - 50,170,365

National Australia Bank - 6,022,885

Bank of New York Mellon Bank, N.A. - 3,092,239

State Street Bank & Trust Co. - 9,462,410
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease
to hold:
12. Date on which proxy holder will cease to hold
voting rights:

13. Additional information:
14. Contact name: Dorothy Jones, Assistant Vice President, T. Rowe Price Associates, Inc.
15. Contact telephone number: 001 410 345 6603



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: IQE plc via Thomson Reuters ONE

HUG#1572924

Companies

IQE (IQE)
UK 100

Latest directors dealings