IQE completes £81m fundraising

IQE raised £81m through the issue of 332.18m Fundraising Shares, lifting its issued share capital to 1.31bn shares and diluting existing holders by 25.3%.

by tickstock newsroom

Published 08:05, 28 May 2026

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IQE (AIM:IQE) completed a fundraising that raised aggregate subscription proceeds of £81 million through the issue of 332.18 million new fundraising shares.

The company also noted it is appointing MACOM executives Robert Dennehy and David O'Carroll as non-executive directors, representing the investor and shareholder on the board.

by tickstock newsroom

Published 08:05, 28 May 2026

The story

IQE completed a fundraising totaling £81 million through the issue of 332.18 million Fundraising Shares; the new shares represent 25.3% of the enlarged issued capital and admission is expected around 1 June.

Insight

Aggregate subscription proceeds: £81 million

Fundraising Shares issued: 332.18 million

Admission expected around 1 June

Insight

Enlarged issued capital: 1.31 billion shares

Treasury shares: 4,115

IQE is a leading global supplier of advanced semiconductor wafer products and services, specializing in compound semiconductors for applications including RF, power, and optoelectronic devices. The company operates manufacturing facilities across the United Kingdom, United States, and Asia, serving customers in telecommunications, defense, aerospace, and industrial markets. As a mid-cap listed company on the London Stock Exchange, IQE holds a significant position in the niche but growing compound semiconductor market.

Sector: Hardware & Electronics
Market: AIM

Identifiers

Ticker: AIM:IQE
Market: AIM
ISIN: GB0009619924
LEI: 213800Y33WHD3ESJJP16

Learn more on:

GLEIF Companies House

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