Source - GNW

02 September 2016

IQE plc
("IQE" or the "Company")

Holding(s) in Company

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
IQE PLC
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
notification obligation:
T. Rowe Price Associates, Inc.
4. Full name of shareholder(s)
 (if different from 3.):
JP Morgan Chase

State Street Bank & Trust Co

Bank of New York Mellon Bank, N.A.

Bank of New York Mellon (FL)

Northern Trust Company

 
5. Date of the transaction and date on
which the threshold is crossed or
reached:
30 August 2016
6. Date on which issuer notified: 01 September 2016
7. Threshold(s) that is/are crossed or
reached:
12%

 

8. Notified details:
A: Voting rights attached to shares
Class/type of
shares



if possible using
the ISIN CODE
Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of  voting rights
DirectDirect Indirect DirectIndirect
GB0009619924 80,592,281 80,592,281 81,326,445   81,326,445   12.09%
 
 
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
date
Exercise/
Conversion Period
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
% of voting
rights
         
 
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Exercise priceExpiration date Exercise/
Conversion period
Number of voting rights instrument refers to

 
% of voting rights

 
         

 
NominalDelta
   
 
Total (A+B+C)
Number of voting rightsPercentage of voting rights
81,326,445 12.09%

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
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 64,785,075 shares.  Such shares are registered in the following name(s):

 

JP Morgan Chase -  75,143,340

 

State Street Bank & Trust Co. -  2,019,156

 

Bank of New York Mellon Bank, N.A. -  1,970,892

 

Bank of New York Mellon (FL) -  1,458,893

 

Northern Trust Company -  734,164

 

 
 
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, Vice President

T. Rowe Price Associates, Inc.
15. Contact telephone number: 001 410 345 2527



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: IQE plc via Globenewswire