IQE plc : Result of AGM and retirement of Director
IQE plc
("IQE" or the "Company")
Result of AGM and retirement of Director
13 June 2017
IQE plc (AIM: IQE, "IQE" or the "Group") the leading global supplier of advanced semiconductor wafer products and services to the semiconductor industry, announces that at its Annual General Meeting, held this morning in Cardiff, all resolutions were duly passed by a show of hands.
Proxy votes were cast as shown below:
| RESOLUTION | For | Discretion | Against | Withheld |
|
Resolution 1
Receive the Report and Accounts for the financial year ended 31 December 2014. |
271,667,542
(99.99%) |
37,508
(0.01%) |
0
(0.00%) |
612
|
|
Resolution 2
Receive the Directors' Remuneration Report. |
271,424,458
(99.92%) |
37,880
(0.01%) |
191,120
(0.07%) |
522,222
|
|
Resolution 3
Approve Annual Remuneration Report. |
271,424,922
(99.92%) |
37,508
(0.01%) |
191,120
(0.07%) |
52,130
|
|
Resolution 4
Re-appoint Mr P Smith as a director. |
271,145,103
(99.80%) |
54,051
(0.02%) |
501,396
(0.18%) |
5,112
|
|
Resolution 5
Re-appoint Mr P Rasmussen as a director. |
270,428,447
(99.53%) |
54,051
(0.02%) |
1,222,552
(0.45%) |
612
|
|
Resolution 6
Re-appoint Dr H Williams as a director. |
270,426,253
(99.53%) |
52,395
(0.02%) |
1,226,402
(0.45%) |
612
|
|
Resolution 7
Re-appoint PwC as auditors. |
271,528,405
(99.94%) |
35,852
(0.01%) |
140,793
(0.05%) |
612
|
|
Resolution 8
Authorise the allotment of securities. |
267,990,078
(98.64%) |
37,508
(0.01%) |
3,659,768
(1.35%) |
7,788
|
|
Resolution 9
Disapply pre-emption rights pursuant to Section 95 of the Companies Act 1985. |
271,503,263
(99.94%) |
37,880
(0.01%) |
129,491
(0.05%) |
24,508
|
|
Resolution 10
Amendment (correction) to article 163 |
271,325,982
(99.84%) |
54,051
(0.02%) |
381,568
(0.14%) |
34,061
|
Retirement of Director
At the end of the meeting, Professor Simon Gibson confirmed his retirement from the role of Non-Executive Director with immediate effect. The Chairman, Board and members present expressed their gratitude to Simon for his contribution to the IQE Board over the last fifteen years.
CONTACTS
:
IQE plc (+44 (0) 29 2083 9400)
Drew Nelson
Phil Rasmussen
Chris Meadows
Canaccord Genuity(+ 44 (0) 20 7523 8000)
Henry Fitzgerald O'Connor
Simon Bridges
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
