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48.65    -0.70 (-1.42%)
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Spread: 0.25 (0.514%)
Market Cap: £638.57m
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Statement regarding press articles

8 Jan 2013 08:39

RNS Number : 0460V
IQE PLC
08 January 2013
 



IQE plc

 

Statement regarding press articles

 

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.

 

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.

 

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

 

IQE will update the market in due course.

 

 

Contacts:

 

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

 

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