Block Admission

In brief · summary, not quotable

IQE plc has applied to the London Stock Exchange for a block admission of 22,000,000 ordinary shares of 1p each to trading on AIM, effective from 8:00 am on April 7, 2026. These shares will be issued to satisfy obligations under the company's Long Term Incentive Plan, which incentivises all employees annually. The new shares will rank pari passu with existing ordinary shares, and there is no change to the Group's issued share capital as a result of this admission.

Full announcement

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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, today announces an application has been made to the London Stock Exchange for a block admission of 22,000,000 ordinary shares of 1p each in the Company ("Ordinary Shares") to trading on AIM, to satisfy obligations under the Company's existing Long Term Incentive Plan which was approved by shareholders in 2019. The Long Term Incentive Plan is currently used to incentivise all of IQE's employees on an annual basis.

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 at 8:00am on 7 April 2026. The new Ordinary Shares will be added to the balance of 3,895,326 Ordinary Shares remaining from the previous block admission. There is no change to the Group's issued share capital as a result of the Block Admission.

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