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(Sharecast News) - IQE revealed on Friday that chief executive Americo Lemos had acquired 1.36m ordinary shares in the AIM-listed compound semiconductor wafer products supplier.
Lemos, who joined IQE in January 2022, purchased the shares on Thursday at an average price of 17.15p each, for a total value of £234,442.55.
Following the transaction, Lemos has a beneficial interest in 9.83m ordinary IQE shares, representing approximately 1.02% of the company's issued share capital.
As of 1615 GMT, IQE shares were down 1.11% at 17.84p.
Reporting by Iain Gilbert at Sharecast.com
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