IQE plc : Block admission return

The company is providing an update to its block admission filed on 31 January 2014.

Name of company:	IQE plc
Name of scheme:	All employee share option scheme (2002)
Period of return:	From 31 January 2014 to 31 July 2014
Number of ordinary 1 pence shares in the Company ("Ordinary Shares") not issued under scheme at the end of the last period:	1,320,929
Number of Ordinary Shares issued under scheme during period:	1,297,787
Number of Ordinary Shares cancelled under the scheme during period:	Nil
Balance of Ordinary Shares under scheme not yet issued at end of period:	23,142
Number and class of Ordinary Shares originally admitted under scheme and the date of admission	1,000,000 Ordinary Shares (4 Dec 2009) 2,000,000 Ordinary Shares (11 Oct 2010) 5,000,000 Ordinary Shares (8 Nov 2010) 8,000,000 Ordinary Shares (5 Apr 2011) 6,000,000 Ordinary Shares (16 May 2012) 16,000,000 Ordinary shares (19 Jun 2012)

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 and other employee share incentive schemes. The shares will be allotted and issued in due course in accordance with the rules of the respective scheme(s) 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 August 2014. The new Ordinary Shares will be added to the balance of 23,142 Ordinary Shares remaining from the previous block admission.

Contacts:

IQE plc                                                                                                 [phone]
Drew Nelson
Phil Rasmussen
Chris Meadows

Canaccord Genuity                                                                              + 44 (0) 20 7523 8000
Simon Bridges
Cameron Duncan

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: IQE plc via Globenewswire

HUG#1846070