IQE plc : Director/PDMR Shareholding

25 October 2016

IQE plc
("IQE" or the "Company")

Director /PDMR Shareholding

IQE plc (AIM: IQE) was notified on 24 October 2016 that Dr Godfrey Ainsworth, Non-executive Chairman of the Company, sold 119,958 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at an average price of 30.36p per Ordinary Share. The transaction was completed on 24 October 2016.

Following the transaction, Dr Ainsworth's total holding is 3,154,197 Ordinary Shares, representing 0.47% of the Company's issued share capital.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

___________________________________________________

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Dr Godfrey Ainsworth

2.

Reason for the notification

a)

Position / status

PDMR (Non-executive Chairman)

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

n/a

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

Ordinary shares of 1 pence each ("Ordinary Shares")

GB0009619924

b)

Nature of the transaction

Sale of 119,958 Ordinary Shares

c)

Price(s) and volume(s)

Price(s)Volume(s)
30.350 pence

30.375 pence
69,958 Ordinary Shares

50,000 Ordinary Shares

d)

Aggregated information

  • Aggregated volume
  • Aggregated price
  • Aggregated total

119,958 Ordinary Shares

30.36 pence per Ordinary Share

Total consideration of £36,420

e)

Date of the transaction

24 October 2016 (UK)

f)

Place of the transaction

London Stock Exchange, AIM

______________________________________________________

Contacts:

IQE plc (+44 (0) 29 2083 9400)
Drew Nelson  
Phil Rasmussen         
Chris Meadows          
           
Canaccord Genuity, NOMAD and Joint Broker (+ 44 (0) 20 7523 8000)
Simon Bridges
Cameron Duncan
           
Peel Hunt, Joint Broker (+44 (0) 20 7418 8900)
Richard Kauffer
Euan Brown

Capital Access Group, PR Advisers (+44 (0) 020 3763 3400)
Simon Courtenay




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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