IQE
plc
Cardiff, UK
24 June 2024
Long Term Incentive Plan (LTIP) Award -
Correction
IQE plc (AIM: IQE, "IQE" or
the "Group"), the leading global supplier of compound semiconductor
wafer products and advanced material solutions, announces that it
has come to the Group's attention that there was a clerical error
with the 'Long Term Incentive Plan (LTIP) Award' announcement
released on 29 November 2023 under RNS Number: 0970V which
incorrectly stated the number of share options awarded. The correct
number of share options awarded to the Chief Executive Officer is
5,750,000. All other details in the announcement are
correct.
IQE's Annual Report for the 2023
financial year, released on 24 May 2024 and available on IQE's
website, includes the correct award details.
Contacts:
IQE
plc
+44 (0) 29 2083 9400
Americo Lemos
Jutta Meier
Amy Barlow
Peel Hunt (Nomad and Joint Broker)
+44 (0) 20 7418 8900
Benjamin Cryer
Kate Bannatyne
Adam Telling
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
http://iqep.com
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 eight
manufacturing locations in the UK, US and Taiwan, and is listed on
the AIM Stock Exchange in London.