Notice of AGM and Director Retirement

08 May 2006

 

IQE plc (the Company), the leading global supplier of customised wafer products and outsourced wafer services to the semiconductor industry, is pleased to announce the date of its seventh Annual General Meeting which will be held at its registered offices in Cardiff on Wednesday 31 May 2006, starting at 10:00 am. Agendas, voting cards and copies of annual report and financial statements have been mailed to all registered shareholders and should be received over the next few days. The Company also anticipates presenting a pre AGM trading update on 30 May 2006.

As part of the normal three yearly re-election of officers by rotation, Dr Mike Scott, currently Sales & Marketing Director, has decided not to seek re-election and will therefore retire from the Board at the AGM .However, he will continue his involvement with the Group as he has accepted a part time Group Business Development Adviser role. Over the last few months, he has gradually been reducing his overall Group Sales & Marketing role and his responsibilities have been re-allocated to the Sales & Marketing Executives of the four Group operating companies who will each report directly to Dr Drew Nelson, Group CEO.
 

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