(Alliance News) - IQE announced on Tuesday that it had strengthened its portfolio with a range of new products. Read More
(Alliance News) - IQE PLC on Tuesday said 2023 revenue is in line with guidance and announced the appointment of Intel Corp's Jutta Meier as its new chief financial officer. Read More
IQE PLC - Cardiff, Wales-based supplier of compound semiconductor wafer products - Says its site in North Carolina, US, has been approved by technology partner Raytheon to produce epitaxial wafers for use in advanced infrared sensing and imaging. Chief Executive Officer Americo Lemos says: "IQE is a market-leading global player in the supply of compound semiconductors to the aerospace and security industries. Having received a Raytheon Premier Supplier Excellence award, this qualification demonstrates the continued confidence that Raytheon has in IQE. We are proud to be a strategic partner, ensuring the volume production of sensor and imaging materials made in the USA for a resilient supply chain. We look forward to continuing our long-term partnership for years to come." Read More
(Alliance News) - IQE PLC on Monday said it extended its long-term partnership with Cardiff University to research capacity in compound semiconductor technologies. Read More
IQE PLC - Cardiff, Wales-based supplier of compound semiconductor wafer products - Chief Executive Officer Americo Lemos buys 1.4 million shares at 17.15 pence, worth GBP234,443, on Thursday. Lemos now has 9.8 million shares, a 1.0% stake. Read More
Genuit Group PLC - Leeds, England-based provider of water, climate and ventilation systems for buildings and infrastructure - Appoints Tim Pullen as permanent chief financial officer, effective from Wednesday. Pullen has been interim CFO since joining Genuit at the start of September. He replaced Paul James, who resigned effective September 30 to take up another CFO position with a privately owned company. Pullen was CFO of IQE PLC, an AIM-listed maker of semiconductor materials, from 2019 to 2023, and was CFO of computer chip designer Arm Ltd from 2017 to 2019. "Tim has already made an impressive contribution as interim CFO and brings extensive public market experience that will complement our executive management team," says Chief Executive Officer Joe Vorih. Read More
(Alliance News) - IQE PLC on Monday said it launched an "industry-first" six-inch indium phosphide, distributed feedback laser platform for artificial intelligence and data centre applications Read More
(Alliance News) - IQE PLC on Tuesday said its loss widened substantially in its latest half-year as its revenue decreased by over GBP30.0 million, but said it expects to resume profitability at the end of the year. Read More
Genuit Group PLC - Leeds, England-based provider of water, climate and ventilation systems for built environment - Tim Pullen will join on Monday as interim chief financial officer but not a board member. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Herald Investment Trust PLC on Wednesday reported a slight decrease in its net asset value and mixed investee performances, but said its portfolio remains generally sound overall. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
IQE PLC - Wales-based compound semiconductor wafer product supplier - Says Chief Financial Officer Tim Pullen has stepped down with effect from Tuesday. Pullen joined IQE as CFO in February 2019, having left the same position at Arm Holdings PLC. His previous employment includes leading roles at Tesco Mobile Ltd and Serco Group PLC. Reason for his departure from IQE has not been disclosed. Associate Director of Finance Neil Rummings is appointed acting CFO with immediate effect while IQE commences the search for a permanent successor. Rummings joined IQE in April 2017 and previously served as a director at PricewaterhouseCoopers International Ltd for over six years. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News: Read More
(Alliance News) - IQE PLC on Friday said it has raised GBP1.1 million through the issue of 5.5 million new shares at a price of 20 pence each, to existing retail investors. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
IQE PLC - Wales-based compound semiconductor wafer product supplier - Raises GBP30 million in share placing. Peel Hunt LLP and Numis Securities Ltd placed 150.0 million shares in IQE at 20 pence per share. Chief Executive Officer Americo Lemos, Chair Phil Smith and directors Andrew Nelson, Carol Chesney and Victoria Hull have subscribed for total of 12.7 million shares at issue price. IQE notes that the placing price represents a discount of just under 15% to Wednesday's closing price of 23.5p per share. The company has applied to the London Stock Exchange for the shares to be admitted to trading on AIM. Admission is expected to take effect on or around Monday morning. IQE's issued share capital now consists of 955.5 million shares. Read More