Options Issue & Director/PDMR Shareholding
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IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of compound semiconductor wafer products and advanced material solutions, confirms that further to the announcement of 16 January 2024 regarding the appointment of Jutta Meier as Chief Financial Officer of the Company, a total of 995,521 options ("Options") over ordinary shares of 1 pence each in the Company ("Ordinary Shares") have been awarded to Ms Meier as part of a New Starter Award.
The number of options awarded have been calculated based on the average volume weighted IQE plc share price on the three trading days preceding 22 January 2024. The Options will vest in two equal tranches over two years subject to continued employment.
| a) | Name | Ms Jutta Meier | ||||
| 2. | Reason for the notification | |||||
| a) | Position / status | Chief Financial Officer | ||||
| b) | Initial notification / amendment | Initial notification | ||||
| a) | Name | IQE plc | ||||
| b) | Legal Entity Identifier | 213800Y33WHD3ESJJP16 | ||||
| a) | Description of the financial instrument | Ordinary shares of 1 pence each in the Company GB0009619924 | ||||
| b) | Nature of the transaction | Award of options | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information · Aggregated volume · Aggregated price | See above | ||||
| e) | Date of the transaction(s) | 28 February 2024 | ||||
| f) | Place of the transaction | Off-market |
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