IQE plc: Director/PDMR Shareholding

IQE PLC

14 March 2025

 

IQE plc

Cardiff, UK

14 March 2025

Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA")
a)	Name	Lombard Odier Asset Management (Europe)
2.	Reason for the notification
a)	Position / status	PCA of Harmesh Suniara Non-Executive Director
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	IQE plc
b)	Legal Entity Identifier	213800Y33WHD3ESJJP16
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument	Subscription for convertible loan notes convertible into ordinary shares of 1 pence each in the Company at a price of 15 pence per share. The underlying ordinary shares have an ISIN of GB0009619924
b)	Nature of the transaction	Participation in subscription for convertible loan notes
c)	Price(s) and volume(s)	Price: Conversion price of 15 pence per ordinary share Volume: (principal value of convertible loan notes subscribed for): £11,764,706
d)	Aggregated information ·       Aggregated volume ·       Aggregated price	N/A
e)	Date of the transaction(s)	13 March 2025
f)	Place of the transaction	Off-market

Contacts:

IQE plc

[phone]

Mark Cubitt

Jutta Meier

Amy Barlow

Peel Hunt (Nomad and Joint Broker)

[phone]

Ben Cryer

Kate Bannatyne

Adam Telling

Deutsche Numis (Joint Broker)

[phone]

Simon Willis

Hugo Rubinstein

Iqra Amin

Headland Consultancy (Financial PR)
+ 44 (0) 20 38054822

Andy Rivett-Carnac: [phone]

Chloe Francklin: [phone]

ABOUT IQE

http://iqep.com

IQE is the leading global supplier of advanced compound semiconductor wafers and materials solutions that enable a diverse range of applications across:

·    Smart Connected Devices

·    Communications Infrastructure

·    Automotive and Industrial

·    Aerospace and Security

As a scaled global epitaxy wafer manufacturer, IQE is uniquely positioned in this market which has high barriers to entry. IQE supplies the global market and is enabling customers to innovate at chip and OEM level. By leveraging the Group's intellectual property portfolio including know-how and patents, it produces epitaxy wafers of superior quality, yield and unit economics.

IQE is headquartered in Cardiff UK, with employees across manufacturing locations in the UK, US and Taiwan, and is listed on the AIM Stock Exchange in London.

 

END