IQE plc : Director/PDMR Shareholding

IQE plc

("IQE" or the "Company")

14 June 2012

IQE was informed yesterday of the following deals by Directors in the ordinary shares of 1 pence each in the Company ("Ordinary Shares").

Exercise of options on 12 June 2012

The following Directors of the Company exercised options on 12 June 2012 to purchase a total of 14,735,129 Ordinary Shares.

	Share options exercised	Exercise price
	No.	Pence
		Nil to 13.75
Dr A W Nelson	10,283,219	VWA 10.10
	10,283,219
Mr P J Rasmussen	1,157,822	Nil
	1,157,822
Dr  H R Williams	3,294,088	Nil to 13.75 VWA 7.84
	3,294,088

VWA = Volume weighted average exercise price

The options were granted under the Company's employee share option scheme over the period 2006 to 2010, and all performance criteria have been satisfied. The exercise of options is to be satisfied through the issue of new Ordinary Shares.

Grant of options on 11 June 2012

On 11 June 2012, a grant of 9,267,910 nil-cost share options over the Company's ordinary shares of 1 pence each have been awarded under the Company's Long Term Incentive Plan (LTIP) to certain directors of the Group detailed in the table below:

Name	Role	No. of Ordinary shares subject to award under the LTIP
		2010	2011
Dr A W Nelson	Chief Executive Officer	698,661	1,672,008
Mr P J Rasmussen	Chief Finance Officer	441,964	1,057,692
Dr H R Williams	Chief Operations Officer	441,964	1,057,692
Mr A G Meldrum	Business Development Director	395,089	945,513

Following the above transactions the beneficial interests of the relevant Directors' in the Company are as follows:

	Beneficial interest in Ordinary Shares before transaction	Beneficial interest in Ordinary Shares after transaction	% of issued Ordinary Shares	Options over Ordinary Shares
	No.	No.		No.
Dr A W Nelson	27,446,913	37,730,132	6.460%	4,932,574
Mr P J Rasmussen	495,000	1,652,822	0.283%	2,928,227
Dr H R Williams	678,342	3,972,430	0.680%	3,592,001
Mr A G Meldrum	93,800	93,800	0.016%	2,251,349

Total Voting Rights

Following the issue of the 14,735,129 new Ordinary Shares, along with 66,000 exercised by employees, the total number of Ordinary Shares in issue will be 583,941,799. There are no Ordinary Shares held in treasury and so the total number of voting rights in the Company is therefore 583,941,799.

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Source: IQE plc via Thomson Reuters ONE

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