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:

10 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:

5,031,865

0.66%

15,342,133

2.02%

(2) Cash-settled derivatives:

13,982,666

1.84%

4,586,086

0.60%

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

0

0.00%

0

0.00%

TOTAL: 

19,014,531

2.50%

19,928,219

2.62%

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

649468

1.3047 GBP

1.2470 GBP

1p ordinary

Sale

463451

1.3356 GBP

1.2455 GBP

(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

671

1.2455 GBP

1p ordinary

SWAP

Increasing Long

3

1.2478 GBP

1p ordinary

SWAP

Increasing Long

62,908

1.2479 GBP

1p ordinary

SWAP

Increasing Long

9,382

1.2480 GBP

1p ordinary

SWAP

Increasing Long

37,753

1.2483 GBP

1p ordinary

SWAP

Increasing Long

6,761

1.2568 GBP

1p ordinary

SWAP

Increasing Long

758

1.2655 GBP

1p ordinary

SWAP

Increasing Long

29,376

1.2709 GBP

1p ordinary

SWAP

Increasing Long

14,505

1.2722 GBP

1p ordinary

SWAP

Increasing Long

24,614

1.2730 GBP

1p ordinary

SWAP

Decreasing Long

28,543

1.2480 GBP

1p ordinary

SWAP

Decreasing Long

30,940

1.2482 GBP

1p ordinary

SWAP

Decreasing Long

4,267

1.2596 GBP

1p ordinary

SWAP

Decreasing Long

8

1.2627 GBP

1p ordinary

SWAP

Decreasing Long

15

1.2628 GBP

1p ordinary

SWAP

Decreasing Long

46,673

1.2649 GBP

1p ordinary

SWAP

Decreasing Long

21,543

1.2670 GBP

1p ordinary

SWAP

Decreasing Long

42,505

1.2671 GBP

1p ordinary

SWAP

Decreasing Long

6,563

1.2698 GBP

1p ordinary

SWAP

Decreasing Long

8,671

1.2710 GBP

1p ordinary

SWAP

Decreasing Long

10,020

1.2724 GBP

1p ordinary

SWAP

Decreasing Long

60,032

1.2754 GBP

1p ordinary

SWAP

Decreasing Long

363

1.2787 GBP

1p ordinary

SWAP

Decreasing Long

37

1.2829 GBP

1p ordinary

SWAP

Decreasing Long

49,894

1.2890 GBP

1p ordinary

SWAP

Decreasing Long

59,492

1.2891 GBP

1p ordinary

SWAP

Decreasing Long

1,458

1.2902 GBP

1p ordinary

SWAP

Decreasing Long

4,474

1.2907 GBP

1p ordinary

CFD

Increasing Long

14,967

1.2700 GBP

1p ordinary

CFD

Decreasing Long

12,217

1.2827 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:

11 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213