8 Jan 2013 08:39
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 |
IQE (IQE)