Cardiff, UK
25 June 2024
Results of Annual 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 2024 Annual General Meeting, held today in London, UK. Resolution 8 was withdrawn at the start of the meeting and all other resolutions were duly passed.
Total votes cast: 522,396,650
Resolution 1: Receipt of Directors’ Report & Financial Statements
For: 522,894,486 (99.99%)
Against: 72,822 (0.01%)
Withheld: 13,140
Resolution 2: Approval of the Directors’ Annual Report on Remuneration
For: 508,563,445 (97.26%)
Against: 14,353,825 (2.74%)
Withheld: 63,178
Resolution 3: To re-elect Phil Smith
For: 508,826,377 (97.30%)
Against: 14,144,809 (2.70%)
Withheld: 9,262
Resolution 4: To re-elect Americo Lemos
For: 508,819,940 (97.30%)
Against: 14,144,701 (2.70%)
Withheld: 15,807
Resolution 5: To elect Jutta Meier
For: 522,795,837 (99.97%)
Against: 156,075 (0.03%)
Withheld: 28,536
Resolution 6: To re-elect Ellen Carol Chesney
For: 508,827,184 (97.30%)
Against: 14,144,002 (2.70%)
Withheld: 9,262
Resolution 7: To re-elect Victoria Hull
For: 522,812,451 (99.97%)
Against: 158,735 (0.03%)
Withheld: 9,262
Resolution 8: Withdrawn
Resolution 9: To elect Bamdad Bastani
For: 508,692,017 (97.28%)
Against: 14,249,266 (2.72%)
Withheld: 39,165
Resolution 10: To elect Maria Marced
For: 522,718,120 (99.96%)
Against: 223,163 (0.04%)
Withheld: 39,165
Resolution 11: To re-elect Harmesh Suniara
For: 508,670,879 (97.27%)
Against: 14,274,488 (2.73%)
Withheld: 35,081
Resolution 12: Reappointment of auditor
For: 522,586,057 (99.94%)
Against: 323,573 (0.06%)
Withheld: 70,818
Resolution 13: Directors’ authority to allot shares
For: 522,668,048 (99.94%)
Against: 299,432 (0.06%)
Withheld: 12,968
Resolution 14: Disapplication of pre-emption rights
For: 514,222,322 (98.33%)
Against: 8,724,838 (1.67%)
Withheld: 33,288
Resolution 15: Additional authority for disapplication of pre-emption rights
For: 508,461,431 (97.23%)
Against: 14,504,386 (2.77%)
Withheld: 14,631
Contacts:
IQE plc
+44 (0) 29 2083 9400
Americo Lemos
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 eight manufacturing locations in the UK, US and Taiwan, and is listed on the AIM Stock Exchange in London.