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IQE plc announced that on 1 March 2026, Executive Chair Mark Cubitt received a grant of nil cost share options under the company's Long Term Incentive Plan. These options were for 166,666 Ordinary Shares, bringing the total options granted to him under this arrangement to 666,667, subject to a three-year holding period.
| Date | 2 Mar 2026 |
| Time | 07:15:00 |
| Category | Director/PDMR dealings |
| ID | 7791U |
IQE plc
Cardiff, UK
2 March 2026
Issue of Options Director/PDMR Shareholding
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 March 2026, 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 166,666 Ordinary Shares under the LTIP. This grant follows those made on 8 June 2025, 1 September 2025 and 1 December 2025 and is the final planned grant of Options that were announced on 9 June 2025. The total number of Options granted to Mark under this arrangement is 666,667. Mark's Options and resulting Ordinary Shares are subject to a three-year holding period from the date of grant.
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
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.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1. |
Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA") |
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a) |
Name |
Mr Mark Cubitt |
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2. |
Reason for the notification |
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a) |
Position / status |
PDMR (Executive Chair) |
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b) |
Initial notification / amendment |
Initial notification
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
IQE plc
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b) |
Legal Entity Identifier |
213800Y33WHD3ESJJP16
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument |
Ordinary shares of 1 pence each in the Company
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b) |
Nature of the transaction |
Award of options
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c) |
Price(s) and volume(s) |
166,666 Ordinary Shares |
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d) |
Aggregated information · Aggregated volume · Aggregated price |
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e) |
Date of the transaction(s) |
1 March 2026
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f) |
Place of the transaction |
Off-market
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