(Sharecast News) - IQE revealed on Thursday that non-executive director Robert Dennehy had acquired 468,817 ordinary shares in the AIM-listed semiconductor wafers and materials solutions supplier.

Dennehy, who was appointed to the board of IQE in July, purchased the shares at an average price of 39.15p each, for a total value of £183,541.85.

As of 1530 BST, IQE shares were down 4.03% at 38.10p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Iqe (IQE)

Director name: Dennehy,Robert

Amount purchased: 468,817 @ 39.15p

Value: £183,541.85

Cerillion (CER)

Director name: OÂ'Connor,Guy

Amount purchased: 20,000 @ 690.00p

Value: £138,000.00

Hercules (HERC)

Director name: Korkmaz,Brusk Kivilcim

Amount purchased: 73,000 @ 35.40p

Value: £25,842.00

H-power (HPOW)

Director name: Wilson ,John

Amount purchased: 236,438 @ 8.00p

Value: £18,915.04

Hercules (HERC)

Director name: Korkmaz,Brusk Kivilcim

Amount purchased: 2,900 @ 37.00p

Value: £1,073.00

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