IQE PLC Block Admission Application And Block Admission Return
21 Enero 2020 - 09:00AM
UK Regulatory
TIDMIQE
IQE plc
("IQE" or the "Company")
Block Admission Application and Block Admission Return
21 January 2019
Application has been made to the London Stock Exchange for a block
admission of 3,000,000 ordinary shares of 1p each in the Company
("Ordinary Shares") to satisfy obligations under the Company's existing
Group Employee Share Option Plan, Bonus Plan and Long-term Incentive
Plan. 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 28
January 2020. The new Ordinary Shares will be added to the balance of
507,466 Ordinary Shares remaining from the previous block admission.
The company hereby provides an update to its block admission filed on 18
January 2019.
Name of company: IQE plc
IQE Plc Share Option Plan
IQE Plc Bonus Plan
Name of scheme: IQE Plc Long-term Incentive Plan
Period of return: 18 January 2019 to 21 January 2020
Number of Ordinary Shares not issued under scheme
at the end of the last period: 12,216,763
Number of Ordinary Shares issued under scheme during
period: 11,709,297
Number of Ordinary Shares cancelled under the scheme
during period: Nil
Balance of Ordinary Shares under scheme not yet issued
at end of period: 507,466
Number and class of Ordinary Shares originally admitted 1,000,000 Ordinary Shares (4 Dec 2009)
under scheme and the date of admission 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
+44 (0) 29 2083 9400
Tim Pullen
Chris Meadows
Peel Hunt LLP (Nomad and Joint Broker)
+44 (0) 20 7418 8900
Edward Knight
Nick Prowting
Christopher Golden
Citigroup Global Markets Limited (Joint Broker)
+44 (0) 20 7986 4000
Christopher Wren
Peter Catterall
Headland Consultancy (Financial PR)
+ 44 (0) 20 38054822
Andy Rivett-Carnac: +44 (0) 7968 997 365
Tom James: +44 (0)78 1859 4991
(END) Dow Jones Newswires
January 21, 2020 10:00 ET (15:00 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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