IQE PLC Iqe Plc : Director/Pdmr Shareholding
September 19 2017 - 4:00AM
UK Regulatory
TIDMIQE
19 September 2017
IQE plc
("IQE" or the "Company")
Director/PDMR Shareholding
IQE plc (AIM: IQE) was notified on 18 September 2017 Dr Andrew Nelson,
CEO of the Company, received 18,000,000 ordinary shares of 1 pence each
in the Company ("Ordinary Shares") on 15 September 2017, in return for
repaying his existing loan with Equity First Holdings LLC ("the
Transaction"). The loan agreement was due for repayment on 10 October
2017 as was previously announced on 14 October 2014. Dr Nelson has now
repaid the loan in full.
Post the Transaction, Dr Nelson's total holding comprises of 28,459,218
Ordinary Shares, representing 4.16% of the Company's issued share
capital, and 3,145,433 unexercised fully vested options over Ordinary
Shares. In addition, Dr Nelson has 7,532,962 share options, which vest
in January 2019 subject to performance criteria.
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 the Person discharging managerial responsibilities
("PDMR") / person closely associated with them ("PCA")
a) Name Dr Andrew Nelson
2. Reason for the notification
a) Position / status PDMR (CEO)
b) Initial notification / Initial notification
amendment
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 Ordinary shares of 1 pence each in the Company
financial instrument GB0009619924
b) Nature of the transaction Transfer of Ordinary Shares
c) Price(s) and volume(s) Price(s): 11,44 pence
Volume(s): 18,000,000 Ordinary share
d) Aggregated information
-- Aggregated volume 18,000,000 Ordinary Shares
11.44 pence per Ordinary Share
-- Aggregated price
-- Aggregated total
e) Date of the transaction(s) 15 September 2017
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 + 44 (0) 20 7523 8000
Simon Bridges
Henry Fitzgerald O'Connor
Richard Andrews
Peel Hunt +44 (0) 20 7418 8900
Edward Knight
Nick Prowling
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
September 19, 2017 05:00 ET (09:00 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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