Dialog Semiconductor plc Total Conversion of US$201,000,000 1 Per Cent. Convertible Bonds Due 2017 (ISIN: XS0757015606)

LONDON--()--Dialog Semiconductor plc (FWB: DLG) (Dialog) announces that it has received Bondholder conversion notices in respect of all of Dialog's previously outstanding US$201,000,000 1 per cent convertible bonds due 2017 (the Bonds) in accordance with the terms and conditions of the Bonds. As such, no Bonds will be redeemed by Dialog pursuant to the optional redemption notice dated 16 March 2015 (in which Dialog announced its intention to redeem any outstanding Bonds on 5 May 2015) and all Bonds have been cancelled.

As all Bondholders have exercised their conversion rights in respect of all previously outstanding Bonds, Dialog has issued 6,797,025 new ordinary shares and the total number of ordinary shares issued by Dialog is now 77,865,955.

This conversion will not result in dilution of Dialog's diluted earnings per ordinary share. The potential maximum number of ordinary shares that would be created by the full conversion of the Bonds was included on a fully diluted basis in the calculation of the full year 2014 diluted earnings per share (see Note 2. of the Annual report and accounts 2014 available on www.dialog-semiconductor.com/investor-relations/reports-filings/annual-rep orts).

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Note to editors

Dialog Semiconductor creates highly integrated, mixed-signal integrated circuits (ICs), optimised for personal portable, low energy short-range wireless, LED solid state lighting and automotive applications. The company provides flexible and dynamic support, world-class innovation and the assurance of dealing with an established business partner.

With its focus and expertise in energy-efficient system power management and a technology portfolio that also includes audio, short-range wireless, AC/DC power conversion and multi-touch, Dialog brings decades of experience to the rapid development of ICs for personal portable and digital consumer applications, including smartphones, tablets, Ultrabooks(TM) and emerging wearable type devices.

Dialog's power management processor companion chips increase the performance of portable devices by extending battery lifetime, enabling faster charging and enhancing the consumer's experience. With world-class manufacturing partners, Dialog operates a fabless business model.

Dialog Semiconductor plc is headquartered in London with a global sales, R&D and marketing organisation. In 2014, it had approximately $1,156 million in revenue and was one of the fastest growing European public semiconductor companies. It currently has approximately 1,300 employees worldwide. The company is listed on the Frankfurt (FWB: DLG) stock exchange (Regulated Market, Prime Standard, ISIN GB0059822006) and is a member of the German TecDax index.

29.04.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:   English
Company: Dialog Semiconductor Plc.
Tower Bridge House, St. Katharine's Way
E1W 1AA London
United Kingdom
Phone: +49 7021 805-412
Fax: +49 7021 805-200
E-mail:

jose.cano@diasemi.com

Internet:

www.dialog-semiconductor.com

ISIN: GB0059822006, XS0757015606
WKN: 927200
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart; Luxemburg

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Contacts

Dialog Semiconductor
Jose Cano
Head of Investor Relations
T: +44 (0)1793 756 961
jose.cano@diasemi.com
or
FTI Consulting - London
Matt Dixon
T +44 20 7269 7214
matt.dixon@fticonsulting.com
or
FTI Consulting Frankfurt
Anja Meusel
T: +49 (0) 69 9203 7120
Anja.Meusel@fticonsulting.com

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