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IQE PLC M&A Activity 2013

Jan 8, 2013

7718_rns_2013-01-08_90298319-a26c-46ef-99e9-641b4f8e0e4d.html

M&A Activity

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National Storage Mechanism | Additional information

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RNS Number : 0460V

IQE PLC

08 January 2013

IQE plc

Statement regarding press articles

Cardiff, UK. 8 January 2013. IQE plc (AIM: IQE, "IQE", the "Company"), notes the recent press articles and confirms that it is in advanced discussions regarding a potential significant acquisition.

IQE is evaluating the financing options, which include debt finance and equity finance. The pricing, sizing and terms of any equity financing will be subject to market conditions and demand.

There can be no certainty that any transaction will occur, or its terms and conditions. 

IQE will update the market in due course.

Contacts:

IQE plc +44 (0) 29 2083 9400
Drew Nelson
Phil Rasmussen
Espirito Santo Investment Bank + 44 (0) 20 7456 9191
Richard Crawley
Canaccord Genuity + 44 (0) 20 7523 8000
Simon Bridges
College Hill +44 (0) 20 7457 2020
Adrian Duffield

This information is provided by RNS

The company news service from the London Stock Exchange

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