IQE PLC — Share Issue/Capital Change 2019

Jan 18, 2019

National Storage Mechanism | Additional information

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IQE plc 

(“IQE” or the “Company”)

Block Admission Return

18 January 2019

Application has been made to the London Stock Exchange for a block admission of 12,000,000 ordinary shares of 1p each in the Company ("Ordinary Shares") to satisfy obligations under the Company's existing Group Employee Share Option and other employee share incentive plans. The Ordinary Shares held under the block admission will be allotted and issued in due course in accordance with the rules of the respective scheme(s) and will rank pari passu in all respects with the existing Ordinary Shares in issue. It is expected that admission of the Ordinary Shares under the block admission will become effective on 25 January 2019. The new Ordinary Shares will be added to the balance of 174,774 Ordinary Shares remaining from the previous block admission. 

The company hereby provides an update to its block admission filed on 06 June 2018.

Name of company:	IQE plc
Name of scheme:	All employee share option scheme
Period of return:	07 June 2018 to 17 January 2019
Number of Ordinary Shares not issued under scheme at the end of the last period:	174,774
Number of Ordinary Shares issued under scheme during period:	13,958,011
Number of Ordinary Shares cancelled under the scheme during period:	Nil
Balance of Ordinary Shares under scheme not yet issued at end of period:	216,763
Number and class of Ordinary Shares originally admitted under scheme and the date of admission	1,000,000 Ordinary Shares (4 Dec 2009) 2,000,000 Ordinary Shares (11 Oct 2010) 5,000,000 Ordinary Shares (8 Nov 2010) 8,000,000 Ordinary Shares (5 Apr 2011) 6,000,000 Ordinary Shares (16 May 2012) 16,000,000 Ordinary shares (19 Jun 2012) 8,000,000 Ordinary shares (12 Aug 2014) 8,000,000 Ordinary shares (3 Dec 2015) 12,000,000 Ordinary shares (20 April 2017) 14,000,000 Ordinary shares (12 June 2018) 12,000,000 Ordinary shares (25 January 2019)

Contacts:

IQE plc  Dr Godfrey Ainsworth  Dr Drew Nelson  Chris Meadows	+44 (0) 29 2083 9400
Canaccord Genuity Simon Bridges Richard Andrews	+ 44 (0) 20 7523 8000
Peel Hunt Edward Knight Nick Prowting	+44 (0) 20 7418 8900