IQE plc
("IQE" or the "Company")
Block admission return and Total Voting Rights
5 April 2011
The company is providing an update to its block admission filed on 4 November
2010.
Name of company: IQE plc
Name of scheme: All employee share option scheme (2002)
Period of return: From 8 November 2010 to 31 March 2011
Number of ordinary 1 pence shares in the 5,121,685
Company ("Ordinary Shares") not issued
under scheme at the end of the last
period:
Number of Ordinary Shares issued under 2,980,753
scheme during period:
Number of Ordinary Shares cancelled Nil
under the scheme during period:
Balance of Ordinary Shares under scheme 2,140,932
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
8,000,000 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 8 April 2011. The new Ordinary Shares will be added to the
balance of 2,140,932 Ordinary Shares remaining from the previous block
admission.
As at 31 March 2011 the Company had 516,072,601 ordinary shares of 1 pence each
("Ordinary Shares") in issue. All of these Ordinary Shares carry voting rights
of one vote per share. There are no Ordinary Shares held in treasury and so the
total number of voting rights in the Company is currently 516,072,601.
The above figures 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 under the Financial
Service Authority's Disclosure and Transparency Rules.
Enquiries:
IQE plc Drew Nelson T: +44 29 2083 9400
Phil Rasmussen
Chris Meadows
Espirito Santo Investment Bank James Bromhead T: +44 020 7456 9191
Richard Crawley
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#1503559]
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.