Business
IQE plc: LTIP Award - Correction
IQE plc: LTIP Award - Correction.
About this update from Iqe Plc
[{"type":"text","content":"\n\nIQE plc\n \n \nCardiff, UK\n24 June 2024\n \nLong Term Incentive Plan (LTIP) Award - Correction\nIQE plc (AIM: IQE, \"IQE\" or the \"Group\"), the leading global supplier of compound semiconductor wafer products and advanced material solutions, announces that it has come to the Group's attention that there was a clerical error with the 'Long Term Incentive Plan (LTIP) Award' announcement released on 29 November 2023 under RNS Number: 0970V which incorrectly stated the number of share options awarded. The correct number of share options awarded to the Chief Executive Officer is 5,750,000. All other details in the announcement are correct.\n \nIQE's Annual Report for the 2023 financial year, released on 24 May 2024 and available on IQE's website, includes the correct award details.\n \n \nContacts:\n \nIQE plc\n+44 (0) 29 2083 9400\nAmerico Lemos\nJutta Meier\nAmy Barlow\n \nPeel Hunt (Nomad and Joint Broker)\n+44 (0) 20 7418 8900\nBenjamin Cryer\nKate Bannatyne\nAdam Telling\n \nNumis (Joint Broker)\n+44 (0) 20 7260 1000\nSimon Willis\nHugo Rubinstein\nIqra Amin\n \nHeadland Consultancy (Financial PR) + 44 (0) 20 38054822\nAndy Rivett-Carnac: +44 (0) 7968 997 365\nChloe Francklin: +44 (0)78 3497 4624\nABOUT IQE\nhttp://iqep.com\n \n \nIQE is the leading global supplier of advanced compound semiconductor wafers and materials solutions that enable a diverse range of applications across:\n \n· Smart Connected Devices\n· Communications Infrastructure\n· Automotive and Industrial\n· Aerospace and Security\n \nAs 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.\n\nIQE is headquartered in Cardiff UK, with employees across eight manufacturing locations in the UK, US and Taiwan, and is listed on the AIM Stock Exchange in London.\n \n \n...