Technology Hardware & Equipment (9570)

 1,920.18
   
  • 52 Week High: 1,920.18
  • 52 Week Low: 1,920.18

Director dealings: IQE director lowers stake

By Iain Gilbert

Date: Monday 15 Apr 2019

LONDON (ShareCast) - (Sharecast News) - IQE's operations director Dr Howard Williams disposed of 3.17m ordinary shares in the AIM-listed semiconductor products manufacturer on Monday.
Williams, who was appointed operations director at IQE back in 1996, sold the shares at an average price of 68.40p, for a total value of £2.17m.

The Cardiff-based outfit's executive exercised options over 3.43m ordinary shares of 1p each last Wednesday, opting to dispose of the majority of them for "personal wealth planning purposes".

Williams still holds a beneficial interest in 2.63m ordinary shares.

Back in March, IQE shares dropped after it reported a decrease in annual profits and warned that it faced short-term headwinds.

Profit before tax for the year ended 31 December came in at £14.0m, a decrease of 43% compared to the year before, while a 1% increase in revenue to £156.3m was more than offset by a 3% increase in the cost of sales to £118.8m and a 38% jump in administrative costs to £29.9m.

As of 1610 BST, IQE shares had moved ahead 1.66% to 70.55p.

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Value: £231,431

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are end of day values only.

 

Price Data

Price 1,920.18
Closing Price Change 0.00
% Change -0.00 %
23-Apr-24 Close 1,920.18

Top Risers

Price Change
SND 4.58p +36.7%
IQG 406.00p +4.6%
ARB 12.00p +4.3%
HHPD $8.81 +2.2%
CNC 92.50p +1.6%
SPT 194.60p +1.5%
BVC 18.95p +1.3%
IQE 27.35p +1.1%
SMSN $1,390.00 +0.4%
ETL  4.26 +0.0%

Top Fallers

Price Change
SRT 24.00p -18.6%
UKOG 0.033p -7.1%
ENET 0.85p -5.6%
AWE 108.00p -3.6%
CYAN 8.40p -2.9%
CLX 54.50p -2.7%
MWE 42.00p -2.3%
SEE 4.04p -1.9%
FTC 33.00p -1.5%
NXQ 150.50p -1.3%

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