Form 8.5 EPT/Non RI ALPHAWAVE IP GROUP PLC Replace

FORM 8.5 (EPT/NON-RI)

Amendment - this form replaces RNS number 3912O published at 11:41 on 25/06/2025 changes made to section 2a and 3a

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

ALPHAWAVE IP GROUP PLC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

ALPHAWAVE IP GROUP PLC

principal trader is connected

(d)

Date position held/dealing undertaken:

24 Jun 2025

(e)

In addition to the company in 1(b) above, is the exempt principal

YES:

trader making disclosures in respect of any other party to the offer?

AQUA ACQUISITION SUB LLC (AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF 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:

15,980,996

2.07%

5,906,473

0.76%

(2)

Cash-settled derivatives:

and/or controlled:

4,095,298

0.53%

15,768,398

2.04%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

20,076,294

2.60%

21,674,871

2.81%

Class of relevant security:

Senior unsecured convertible bond

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

3,000,000

2.00%

0

0.00%

(2)

Cash-settled derivatives:

and/or controlled:

0

0.00%

0

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,000,000

2.00%

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)

Purchases and sales

Class of relevant

Purchase/sale

Total number of

Highest price per unit

Lowest price per unit

security

securities

paid/received

paid/received

1p ordinary

Purchase

1,267,484

1.7436 GBP

1.7200 GBP

1p ordinary

Sale

1,258,626

1.7400 GBP

1.7250 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

1p ordinary

SWAP

Increasing Short

9,501

1.7323 GBP

1p ordinary

SWAP

Increasing Short

4,274

1.7324 GBP

1p ordinary

SWAP

Increasing Short

34,500

1.7436 USD

1p ordinary

SWAP

Decreasing Short

357

1.7250 GBP

1p ordinary

SWAP

Decreasing Short

1,082

1.7273 GBP

1p ordinary

SWAP

Decreasing Short

43,230

1.7280 GBP

1p ordinary

SWAP

Decreasing Short

29,924

1.7283 GBP

1p ordinary

SWAP

Decreasing Short

1,996

1.7290 GBP

1p ordinary

SWAP

Decreasing Short

76,558

1.7320 GBP

1p ordinary

SWAP

Decreasing Short

1,147

1.7365 GBP

1p ordinary

SWAP

Decreasing Short

40

1.7376 GBP

1p ordinary

SWAP

Decreasing Short

26,983

1.7379 GBP

1p ordinary

SWAP

Decreasing Short

2,590

1.7392 GBP

1p ordinary

SWAP

Decreasing Short

27,033

1.7393 GBP

1p ordinary

SWAP

Decreasing Short

1,778

1.7395 GBP

1p ordinary

SWAP

Decreasing Short

387,430

1.7400 GBP

1p ordinary

SWAP

Increasing Short

78,371

1.7252 GBP

1p ordinary

SWAP

Increasing Short

27,957

1.7259 GBP

1p ordinary

SWAP

Increasing Short

14,173

1.7266 GBP

1p ordinary

SWAP

Increasing Short

37,668

1.7283 GBP

1p ordinary

SWAP

Increasing Short

144,173

1.7318 GBP

1p ordinary

SWAP

Increasing Short

143,742

1.7319 GBP

1p ordinary

SWAP

Increasing Short

1,261

1.7322 GBP

1p ordinary

SWAP

Increasing Short

40,966

1.7326 GBP

1p ordinary

SWAP

Increasing Short

7,084

1.7333 GBP

1p ordinary

SWAP

Increasing Short

19,062

1.7334 GBP

1p ordinary

SWAP

Increasing Short

15,961

1.7335 GBP

1p ordinary

SWAP

Increasing Short

402

1.7341 GBP

1p ordinary

SWAP

Increasing Short

2

1.7350 GBP

1p ordinary

SWAP

Increasing Short

200,000

1.7354 USD

1p ordinary

SWAP

Increasing Short

259

1.7360 GBP

1p ordinary

SWAP

Increasing Short

4,941

1.7376 GBP

1p ordinary

SWAP

Increasing Short

4,360

1.7400 GBP

1p ordinary

SWAP

Increasing Short

626

1.7405 GBP

1p ordinary

CFD

Decreasing Short

14,883

1.7295 GBP

1p ordinary

CFD

Increasing Short

3,253

1.7290 GBP

1p ordinary

CFD

Increasing Short

6,111

1.7341 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

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:

27 Jun 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213