IQE PLC Iqe Plc : Director/Pdmr Shareholding
October 25 2016 - 8:34AM
UK Regulatory
TIDMIQE
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 69,958 Ordinary Shares
30.375 pence 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 GBP36,420
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 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
http://www.iqep.com
(END) Dow Jones Newswires
October 25, 2016 08:34 ET (12:34 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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