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IQE plc held a General Meeting on 10 March 2025 in London, where all resolutions were passed on a poll. Resolution 1, authorising Directors to allot shares, passed with 459,843,167 votes (97.74%) for. Resolution 2, empowering Directors with additional rights to issue equity securities, passed with 459,744,576 votes (97.71%) for.
| Date | 10 Mar 2025 |
| Time | 16:00:00 |
| Category | AGMs and other meetings |
| ID | 0600A |
IQE plc
Cardiff, UK
10 March 2025
Results of General Meeting
IQE plc (AIM: IQE, "IQE" or the "Group"), the leading global supplier of compound semiconductor wafer products and advanced material solutions, is pleased to announce that at its General Meeting, held today in London, all resolutions were duly passed on a poll. Resolution 1 was passed as an ordinary resolution and resolution 2 was passed as a special resolution.
Resolution 1: To generally and unconditionally authorise the Directors to allot shares
For: 459,843,167 (97.74%)
Against: 10,654,772 (2.26%)
Withheld: 184,387
Total votes cast: 470,497,939
Resolution 2: To empower the Directors with additional rights to issue and allot equity securities
For: 459,744,576 (97.71%)
Against: 10,753,388 (2.29%)
Withheld: 184,362
Total votes cast: 470,497,964
The full text of each resolution is available in the Circular and Notice of General Meeting, published on 14 February and available on the Company's website.
Contacts:
IQE plc
+44 (0) 29 2083 9400
Mark Cubitt
Jutta Meier
Amy Barlow
Peel Hunt (Nomad and Joint Broker)
+44 (0) 20 7418 8900
Ben Cryer
Kate Bannatyne
Adam Telling
Deutsche Numis (Joint Broker)
+44 (0) 20 7260 1000
Simon Willis
Hugo Rubinstein
Iqra Amin
Headland Consultancy (Financial PR)
+ 44 (0) 20 38054822
Andy Rivett-Carnac: +44 (0) 7968 997 365
Chloe Francklin: +44 (0)78 3497 4624
ABOUT IQE
IQE is the leading global supplier of advanced compound semiconductor wafers and materials solutions that enable a diverse range of applications across:
· Smart Connected Devices
· Communications Infrastructure
· Automotive and Industrial
· Aerospace and Security
As a scaled global epitaxy wafer manufacturer, IQE is uniquely positioned in this market which has high barriers to entry. IQE supplies the global market and is enabling customers to innovate at chip and OEM level. By leveraging the Group's intellectual property portfolio including know-how and patents, it produces epitaxy wafers of superior quality, yield and unit economics.
IQE is headquartered in Cardiff UK, with employees across manufacturing locations in the UK, US and Taiwan, and is listed on the AIM Stock Exchange in London.