IQE PLC — AGM Information 2017

Jun 13, 2017

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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      

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*This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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*