15 June 2015
IQE plc ('IQE' or the 'Company')
Holding(s) in Company
+----------------------------------------------+-------------------------------+ |1. Identity of the issuer or the underlying | | |issuer | IQE PLC| |of existing shares to which voting rights are | | |attached: (ii) | | +----------------------------------------------+-------------------------------+ |2 Reason for the notification (please tick the appropriate box or boxes): | +----------------------------------------------------------------------+-------+ |An acquisition or disposal of voting rights | X | +----------------------------------------------------------------------+-------+ |An acquisition or disposal of qualifying financial instruments which | | |may result in the acquisition of shares already issued to which voting| | |rights are attached | | +----------------------------------------------------------------------+-------+ |An acquisition or disposal of instruments with similar economic effect| | |to qualifying financial instruments | | +----------------------------------------------------------------------+-------+ |An event changing the breakdown of voting rights | | +----------------------------------------------------------------------+-------+ |Other (please specify): | | +--------------------------------------+-------------------------------+-------+ |3. Full name of person(s) subject to | | |the | T. Rowe Price Associates, Inc.| |notification obligation: (iii) | | +--------------------------------------+---------------------------------------+ |4. Full name of shareholder(s) | JP Morgan Chase| | (if different from 3.):(iv) | Bank of New York Mellon Bank, N.A.| | | State Street Bank & Trust Co.| +--------------------------------------+---------------------------------------+ |5. Date of the transaction and date on| | |which the threshold is crossed or | 28 May 2015| |reached: (v) | | +--------------------------------------+---------------------------------------+ |6. Date on which issuer notified: | 01 June 2015| +--------------------------------------+---------------------------------------+ |7. Threshold(s) that is/are crossed or| 12%| |reached: (vi, vii) | | +--------------------------------------+---------------------------------------+
+---------------------------------------------------------------------------------+ |8. Notified details: | +---------------------------------------------------------------------------------+ |A: Voting rights attached to shares (viii, ix) | +------------+-----------------------+--------------------------------------------+ |Class/type |Situation previous |Resulting situation after the triggering | |of |to the triggering |transaction | |shares |transaction | | | +----------+------------+----------+-----------------+---------------+ |if possible |Number |Number |Number |Number of voting |% of voting | |using |of |of |of shares |rights |rights (x) | |the ISIN |Shares |Voting +----------+------+----------+------+--------+ |CODE | |Rights |Direct |Direct|Indirect |Direct|Indirect| | | | | |(xi) |(xii) | | | +------------+----------+------------+----------+------+----------+------+--------+ |GB0009619924| | | | | | | | | |79,428,495|79,428,495 |79,329,774| |79,329,774| |11.99% | | | | | | | | | | +------------+----------+------------+----------+------+----------+------+--------+
+---------------------------------------------------------------------------------+ |B: Qualifying Financial Instruments | +---------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | +----------------+----------+---------------------+-------------------+-----------+ |Type of |Expiration|Exercise/ |Number of voting |% of voting| |financial |date |Conversion Period |rights that may be |rights | |instrument |(xiii) |(xiv) |acquired if the | | | | | |instrument is | | | | | |exercised/ | | | | | |converted. | | +----------------+----------+---------------------+-------------------+-----------+ | | | | | | +----------------+----------+---------------------+-------------------+-----------+
+---------------------------------------------------------------------------------+ |C: Financial Instruments with similar economic effect to Qualifying Financial | |Instruments (xv, xvi) | +---------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | +--------------+--------+----------+------------+-------------------+-------------+ |Type of |Exercise|Expiration|Exercise/ |Number of voting |% of voting | |financial |price |date |Conversion |rights instrument |rights (xix, | |instrument | |(xvii) |period |refers to |xx) | | | | |(xviii) | | | +--------------+--------+----------+------------+-------------------+-------+-----+ | | | | | |Nominal|Delta| | | | | | +-------+-----+ | | | | | | | | +--------------+--------+----------+------------+-------------------+-------+-----+
+---------------------------------------------------------------------------------+ |Total (A+B+C) | +--------------------------------------+------------------------------------------+ |Number of voting rights |Percentage of voting rights | +--------------------------------------+------------------------------------------+ |79,329,774 |11.99% | +--------------------------------------+------------------------------------------+
+------------------------------------------------------------------------------+ |9. Chain of controlled undertakings through which the voting rights and/or the| |financial instruments are effectively held, if applicable: (xxi) | +------------------------------------------------------------------------------+ |T. Rowe Price Associates, Inc. (TRPA) serves as investment adviser, with | |dispositive and voting authority, to various institutional clients that own | |shares of IQE Plc, including the T. Rowe Price International Discovery Fund, | |which owns 65,651,096 shares. Such shares are registered in the following | |name(s): | | | |JP Morgan Chase - 74,898,961 | | | |Bank of New York Mellon Bank, N.A. - 2,361,171 | | | |State Street Bank & Trust Co. - 2,069,642 | +------------------------------------------------------------------------------+
+------------------------------------------------------------------------------+ |Proxy Voting: | +-----------------------------------------------+------------------------------+ |10. Name of the proxy holder: | | +-----------------------------------------------+------------------------------+ |11. Number of voting rights proxy holder will | | |cease | | |to hold: | | +-----------------------------------------------+------------------------------+ |12. Date on which proxy holder will cease to | | |hold | | |voting rights: | | +-----------------------------------------------+------------------------------+
+-----------------------------+------------------------------------------------+ | | | |13. Additional information: | | +-----------------------------+------------------------------------------------+ |14. Contact name: | Gary Greb, Assistant Vice President| | | T. Rowe Price Associates, Inc.| +-----------------------------+------------------------------------------------+ |15. Contact telephone number:| 001 410 345 2527| +-----------------------------+------------------------------------------------+
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Source: IQE plc via GlobeNewswire [HUG#1928420]
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