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IQE PLC
Director's Dealing • Mar 14, 2025
7718_dirs_2025-03-14_af03f4bc-8385-4fd0-b3b2-c72480ea8d3b.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 7720A
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
+44 (0) 29 2083 9400
Mark Cubitt
Jutta Meier
Amy Barlow
Peel Hunt (Nomad and Joint Broker)
+44 (0) 20 7418 8900
Ben Cryer
Kate Bannatyne
Adam Telling
Deutsche Numis (Joint Broker)
+44 (0) 20 7260 1000
Simon Willis
Hugo Rubinstein
Iqra Amin
Headland Consultancy (Financial PR)
+ 44 (0) 20 38054822
Andy Rivett-Carnac: +44 (0) 7968 997 365
Chloe Francklin: +44 (0)78 3497 4624
ABOUT IQE
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.
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