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:

07 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:

5,014,552

0.66%

15,363,304

2.03%

(2) Cash-settled derivatives:

13,988,851

1.85%

4,568,773

0.60%

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

0

0.00%

0

0.00%

TOTAL: 

19,003,403

2.51%

19,932,077

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

1241462

1.2570 GBP

1.1700 GBP

1p ordinary

Sale

1461833

1.2589 GBP

1.1707 GBP

Senior unsecured convertible bond Convertible Bond

Purchase

1514855

116.1250 USD

116.0000 USD

Senior unsecured convertible bond Convertible Bond

Sale

1029710

116.7500 USD

116.7500 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

57,504

1.1967 GBP

1p ordinary

SWAP

Increasing Long

57,504

1.1997 GBP

1p ordinary

SWAP

Increasing Long

78,489

1.2016 GBP

1p ordinary

SWAP

Increasing Long

92,613

1.2018 GBP

1p ordinary

SWAP

Increasing Long

16,131

1.2038 GBP

1p ordinary

SWAP

Increasing Long

4,702

1.2050 GBP

1p ordinary

SWAP

Increasing Long

6,231

1.2164 GBP

1p ordinary

SWAP

Increasing Long

44

1.2197 GBP

1p ordinary

SWAP

Increasing Long

71,879

1.2281 GBP

1p ordinary

SWAP

Increasing Long

6,024

1.2410 GBP

1p ordinary

SWAP

Increasing Long

58

1.2460 GBP

1p ordinary

SWAP

Increasing Long

905

1.2471 GBP

1p ordinary

SWAP

Increasing Long

1,632

1.2529 GBP

1p ordinary

SWAP

Increasing Long

46,249

1.2530 GBP

1p ordinary

SWAP

Increasing Long

1

1.2589 GBP

1p ordinary

SWAP

Decreasing Long

415

1.1855 GBP

1p ordinary

SWAP

Decreasing Long

547

1.1902 GBP

1p ordinary

SWAP

Decreasing Long

5,794

1.1953 GBP

1p ordinary

SWAP

Decreasing Long

14,886

1.1968 GBP

1p ordinary

SWAP

Decreasing Long

28,771

1.1986 GBP

1p ordinary

SWAP

Decreasing Long

88

1.2031 GBP

1p ordinary

SWAP

Decreasing Long

205,477

1.2087 GBP

1p ordinary

SWAP

Decreasing Long

7,132

1.2094 GBP

1p ordinary

SWAP

Decreasing Long

9

1.2177 GBP

1p ordinary

SWAP

Decreasing Long

18

1.2276 GBP

1p ordinary

SWAP

Decreasing Long

87

1.2277 GBP

1p ordinary

SWAP

Decreasing Long

6,253

1.2315 GBP

1p ordinary

SWAP

Decreasing Long

1,079

1.2355 GBP

1p ordinary

SWAP

Decreasing Long

8,723

1.2530 GBP

1p ordinary

CFD

Increasing Long

28,322

1.2053 GBP

1p ordinary

CFD

Increasing Long

11,932

1.2204 GBP

1p ordinary

CFD

Decreasing Long

314

1.2080 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:

08 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213