Form 8.5 EPT/Non RI - ALPHAWAVE IP GROUP PLC

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose relevant securities this form relates:

ALPHAWAVE IP GROUP PLC

(c)

Name of the party to the offer with which exempt principal trader is connected

ALPHAWAVE IP GROUP PLC

(d)

Date position held/dealing undertaken:

08 Apr 2025

(e)

In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?

YES: QUALCOMM INCORPORATED

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing (if any)

Class of relevant security:

1p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

5,050,043

0.67%

15,302,684

2.02%

(2) Cash-settled derivatives:

13,938,528

1.84%

4,604,264

0.61%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

18,988,571

2.51%

19,906,948

2.63%

Class of relevant security:

Senior unsecured convertible bond XS2962835257

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

3,200,000

2.13%

0

0.00%

(2) Cash-settled derivatives:

0

0.00%

0

0.00%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

3,200,000

2.13%

0

0.00%

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to which subscription right exists

Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

1p ordinary

Purchase

970443

1.3233 GBP

1.2790 GBP

1p ordinary

Sale

874332

1.3290 GBP

1.2514 GBP

Senior unsecured convertible bond

Purchase

1000000

119.0400 USD

119.0400 USD

Senior unsecured convertible bond

Sale

1000000

122.9500 USD

122.9500 USD

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

1p ordinary

SWAP

Increasing Long

122

1.2599 GBP

1p ordinary

SWAP

Increasing Long

8,015

1.2799 GBP

1p ordinary

SWAP

Increasing Long

100,630

1.2958 GBP

1p ordinary

SWAP

Increasing Long

11,686

1.2965 GBP

1p ordinary

SWAP

Increasing Long

1,445

1.2975 GBP

1p ordinary

SWAP

Increasing Long

17,254

1.2980 GBP

1p ordinary

SWAP

Increasing Long

41,648

1.2982 GBP

1p ordinary

SWAP

Increasing Long

326

1.3030 GBP

1p ordinary

SWAP

Increasing Long

15,638

1.3056 GBP

1p ordinary

SWAP

Increasing Long

36,648

1.3060 GBP

1p ordinary

SWAP

Increasing Long

3,913

1.3081 GBP

1p ordinary

SWAP

Increasing Long

13,682

1.3094 GBP

1p ordinary

SWAP

Decreasing Long

88

1.2901 GBP

1p ordinary

SWAP

Decreasing Long

21,875

1.2950 GBP

1p ordinary

SWAP

Decreasing Long

7,698

1.2966 GBP

1p ordinary

SWAP

Decreasing Long

17,775

1.2978 GBP

1p ordinary

SWAP

Decreasing Long

75,250

1.3037 GBP

1p ordinary

SWAP

Decreasing Long

35,239

1.3039 GBP

1p ordinary

SWAP

Decreasing Long

17,029

1.3043 GBP

1p ordinary

SWAP

Decreasing Long

8

1.3050 GBP

1p ordinary

SWAP

Decreasing Long

51,916

1.3060 GBP

1p ordinary

SWAP

Decreasing Long

100,859

1.3061 GBP

1p ordinary

SWAP

Decreasing Long

37,984

1.3074 GBP

1p ordinary

SWAP

Decreasing Long

11,922

1.3089 GBP

1p ordinary

SWAP

Decreasing Long

14,223

1.3097 GBP

1p ordinary

SWAP

Decreasing Long

17

1.3104 GBP

1p ordinary

CFD

Increasing Long

56,759

1.2959 GBP

1p ordinary

CFD

Increasing Long

12,284

1.3041 GBP

1p ordinary

CFD

Decreasing Long

13,981

1.3142 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

09 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213