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Pin to quick picksIQE Regulatory News (IQE)

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49.35    0.00 (0.00%)
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Spread: 5.00 (11.364%)
Market Cap: £647.76m
IQE Live PriceLast checked at - London Stock Exchange

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Statement regarding press articles

8 Jan 2013 08:39

RNS Number : 0460V
IQE PLC
08 January 2013
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IQE plc

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Statement regarding press articles

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Cardiff, UK. 8 January 2013. IQE plc (AIM: IQE, "IQE", the "Company"), notes the recent press articles and confirms that it is in advanced discussions regarding a potential significant acquisition.

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IQE is evaluating the financing options, which include debt finance and equity finance. The pricing, sizing and terms of any equity financing will be subject to market conditions and demand.

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There can be no certainty that any transaction will occur, or its terms and conditions.

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IQE will update the market in due course.

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Contacts:

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IQE plc

+44 (0) 29 2083 9400

Drew Nelson

Phil Rasmussen

Espirito Santo Investment Bank

+ 44 (0) 20 7456 9191

Richard Crawley

Canaccord Genuity

+ 44 (0) 20 7523 8000

Simon Bridges

College Hill

+44 (0) 20 7457 2020

Adrian Duffield

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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MSCUWOWROWAARRR
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