IQE plc : Directors Dealings

IQE plc was notified yesterday that on 9 October 2014, the following directors of the Company (the "Directors") exercised options over ordinary shares of 1p each in the Company (the "New Ordinary Shares"):

Name	Director	No. of options over Ordinary Shares	Exercise Price	New Ordinary Shares
Dr. Drew Nelson	Chief Executive Officer	300,000	10.166p	300,000
Dr. Drew Nelson	Chief Executive Officer	4,500,753	nil cost	4,500,753
Dr. Howard Williams	Chief Operations Officer	1,870,535	nil cost	1,870,535
Phillip Rasmussen	Chief Finance Officer	1,870,535	nil cost	1,870,535

Following this exercise of options, the Directors have the following beneficial interests in the Company's issued share capital ("ISC"):

Name	Director	No. of options over Ordinary Shares	Options over Ordinary Shares as a % of ISC	No. of Ordinary Shares	Ordinary Shares as a % of ISC
Dr. Drew Nelson	Chief Executive Officer	3,145,433	0.47%	34,125,885	5.18%
Dr. Howard Williams	Chief Operations Officer	3,319,715	0.50%	3,542,965	0.54%
Phillip Rasmussen	Chief Finance Officer	2,391,252	0.36%	2,723,357	0.41%

Application has been made to the London Stock Exchange for 8,541,823 New Ordinary Shares issued pursuant to the exercise of options to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on 16 October 2014 and the New Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares in issue. Following Admission, the Company's enlarged ISC will be 658,134,599 Ordinary Shares. All of these Ordinary Shares carry voting rights of one vote per Ordinary Share. There are no Ordinary Shares held in treasury and so the total number of voting rights in the Company is currently 658,134,599.

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

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