Director/PDMR Shareholding
IQE plc announced that on December 1, 2025, Executive Chair Mark Cubitt was granted immediately vested, nil-cost options for 166,667 ordinary shares under the company's Long Term Incentive Plan. Further options are planned for March 2026, bringing the total potential grant to 666,667 ordinary shares, all subject to a three-year holding period from the grant date.
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IQE plc (AIM: IQE, "IQE" or the "Group"), the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, advises that on 1 December 2025, Mark Cubitt, Executive Chair received a grant of nil cost share options ("Options") over ordinary shares of 1 pence each in the Company ("Ordinary Shares") pursuant to IQE's Long Term Incentive Plan ("LTIP").
Mark Cubitt has received immediately vested Options over 166,667 Ordinary Shares under the LTIP. Further to the grants made on 8 June 2025 and 1 September 2025, it is intended that Mark will be granted an Option over a further 166,666 Ordinary Shares at the start of the next subsequent calendar quarter in March 2026, provided that he has not returned to his non-executive chair role prior to that date. The total number of Options granted to Mark will therefore be 666,667. Mark's Options and resulting Ordinary Shares are subject to a three-year holding period from the date of grant.
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| a) | Name | Mr Mark Cubitt |
| 2. | Reason for the notification | |
| a) | Position / status | PDMR (Executive Chair) |
| 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) | 166,667 Ordinary Shares |
| d) | Aggregated information · Aggregated volume · Aggregated price | |
| e) | Date of the transaction(s) | 1 December 2025 |
| f) | Place of the transaction | Off-market |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.