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:

09 Jun 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:

5,765,793

0.76%

12,885,410

1.69%

(2) Cash-settled derivatives:

11,013,421

1.44%

5,512,236

0.72%

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

0

0.00%

0

0.00%

TOTAL: 

16,779,214

2.20%

18,397,646

2.41%

Class of relevant security:

Senior unsecured convertible bond

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

13431702

1.8688 GBP

1.7740 GBP

1p ordinary

Sale

7097078

1.8559 GBP

1.7739 GBP

Senior unsecured convertible bond

Purchase

514855

152.2500 USD

152.2500 USD

Senior unsecured convertible bond

Sale

514855

150.8000 USD

150.8000 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

96,455

1.7739 GBP

1p ordinary

SWAP

Increasing Long

81,644

1.7740 GBP

1p ordinary

SWAP

Increasing Long

464,720

1.7754 GBP

1p ordinary

SWAP

Increasing Long

293,427

1.7809 GBP

1p ordinary

SWAP

Increasing Long

262,172

1.7972 GBP

1p ordinary

SWAP

Increasing Long

2,035

1.7978 GBP

1p ordinary

SWAP

Increasing Long

19,674

1.7992 GBP

1p ordinary

SWAP

Increasing Long

320,000

1.8002 USD

1p ordinary

SWAP

Increasing Long

22,255

1.8219 GBP

1p ordinary

SWAP

Increasing Long

541,189

1.8227 GBP

1p ordinary

SWAP

Increasing Long

1,338,185

1.8241 GBP

1p ordinary

SWAP

Increasing Long

14,836

1.8312 GBP

1p ordinary

SWAP

Increasing Long

21,781

1.8337 GBP

1p ordinary

SWAP

Increasing Long

1,704

1.8559 GBP

1p ordinary

SWAP

Decreasing Long

352,275

1.7740 GBP

1p ordinary

SWAP

Decreasing Long

87,477

1.7741 GBP

1p ordinary

SWAP

Decreasing Long

100,000

1.7878 GBP

1p ordinary

SWAP

Decreasing Long

303,969

1.7951 GBP

1p ordinary

SWAP

Decreasing Long

2,085

1.7956 GBP

1p ordinary

SWAP

Decreasing Long

19,200

1.7973 GBP

1p ordinary

SWAP

Decreasing Long

19,200

1.8003 GBP

1p ordinary

SWAP

Decreasing Long

38,400

1.8008 GBP

1p ordinary

SWAP

Decreasing Long

6,000

1.8024 GBP

1p ordinary

SWAP

Decreasing Long

38,400

1.8053 GBP

1p ordinary

SWAP

Decreasing Long

19,200

1.8095 GBP

1p ordinary

SWAP

Decreasing Long

30

1.8118 GBP

1p ordinary

SWAP

Decreasing Long

12,345

1.8127 GBP

1p ordinary

SWAP

Decreasing Long

9

1.8168 GBP

1p ordinary

SWAP

Decreasing Long

34,430

1.8176 GBP

1p ordinary

SWAP

Decreasing Long

9,600

1.8203 GBP

1p ordinary

SWAP

Decreasing Long

19,200

1.8245 GBP

1p ordinary

SWAP

Decreasing Long

19,200

1.8263 GBP

1p ordinary

SWAP

Decreasing Long

9,600

1.8273 GBP

1p ordinary

SWAP

Decreasing Long

200,000

1.8288 GBP

1p ordinary

SWAP

Decreasing Long

57,600

1.8303 GBP

1p ordinary

SWAP

Decreasing Long

654,876

1.8316 GBP

1p ordinary

SWAP

Decreasing Long

445,978

1.8318 GBP

1p ordinary

SWAP

Decreasing Long

3,000,000

1.8320 GBP

1p ordinary

SWAP

Decreasing Long

909,935

1.8352 GBP

1p ordinary

SWAP

Decreasing Long

62,361

1.8372 GBP

1p ordinary

SWAP

Decreasing Long

39,828

1.8386 GBP

1p ordinary

SWAP

Decreasing Long

131,841

1.8389 GBP

1p ordinary

SWAP

Decreasing Long

200,000

1.8390 GBP

1p ordinary

SWAP

Decreasing Long

38,400

1.8403 GBP

1p ordinary

SWAP

Decreasing Long

24,115

1.8413 GBP

1p ordinary

SWAP

Decreasing Long

297,770

1.8417 GBP

1p ordinary

SWAP

Decreasing Long

19,200

1.8418 GBP

1p ordinary

SWAP

Decreasing Long

58,502

1.8427 GBP

1p ordinary

SWAP

Decreasing Long

946,577

1.8448 GBP

1p ordinary

SWAP

Decreasing Long

38,400

1.8453 GBP

1p ordinary

SWAP

Decreasing Long

19,200

1.8463 GBP

1p ordinary

SWAP

Decreasing Long

19,200

1.8465 GBP

1p ordinary

SWAP

Decreasing Long

900,000

1.8468 GBP

1p ordinary

SWAP

Decreasing Long

500,000

1.8520 GBP

1p ordinary

SWAP

Decreasing Long

200,000

1.8528 GBP

1p ordinary

SWAP

Decreasing Long

150,000

1.8530 GBP

1p ordinary

SWAP

Decreasing Long

57,600

1.8587 GBP

1p ordinary

SWAP

Decreasing Long

19,200

1.8589 GBP

1p ordinary

SWAP

Decreasing Long

19,200

1.8653 GBP

1p ordinary

SWAP

Decreasing Long

19,200

1.8688 GBP

1p ordinary

CFD

Increasing Long

8,678

1.7980 GBP

1p ordinary

CFD

Decreasing Long

6,056

1.8144 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:

10 Jun 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213