Form 8.5 EPT/Non RI ALPHAWAVE IP GROUP PLC

FORM 8.5 (EPT/NON-RI)

Amendment - this form replaces RNS number 0272N published at 11:57 on 16/06/2025, changes made to section 2a, 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:

13-Jun-25

(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:

15,010,874

1.97%

8,364,160

1.10%

-2

Cash-settled derivatives:

and/or controlled:

6,614,306

0.87%

14,756,418

1.93%

-3

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

21,625,180

2.83%

23,120,578

3.03%

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

3,128,601

1.8132 GBP

1.7830 GBP

1p ordinary

Sale

2,723,762

1.8103 GBP

1.7830 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

Decreasing Short

26

0.0011 USD

1p ordinary

SWAP

Decreasing Short

13,172

1.7889 GBP

1p ordinary

SWAP

Decreasing Short

3,355

1.7890 GBP

1p ordinary

SWAP

Decreasing Short

150,000

1.7895 GBP

1p ordinary

SWAP

Decreasing Short

196,104

1.7898 GBP

1p ordinary

SWAP

Decreasing Short

109

1.7900 GBP

1p ordinary

SWAP

Decreasing Short

47,430

1.7908 GBP

1p ordinary

SWAP

Decreasing Short

119,881

1.7912 GBP

1p ordinary

SWAP

Decreasing Short

242,451

1.7923 GBP

1p ordinary

SWAP

Decreasing Short

23,564

1.7943 GBP

1p ordinary

SWAP

Increasing Short

26

0.0011 GBP

1p ordinary

SWAP

Increasing Short

59,811

1.7890 GBP

1p ordinary

SWAP

Increasing Short

1,159

1.7904 GBP

1p ordinary

SWAP

Increasing Short

21,926

1.7905 GBP

1p ordinary

SWAP

Increasing Short

38,400

1.7913 GBP

1p ordinary

SWAP

Increasing Short

29,155

1.7917 GBP

1p ordinary

SWAP

Increasing Short

30,728

1.7918 GBP

1p ordinary

SWAP

Increasing Short

245,379

1.7922 GBP

1p ordinary

SWAP

Increasing Short

19,738

1.7934 GBP

1p ordinary

SWAP

Increasing Short

314,450

1.7935 GBP

1p ordinary

SWAP

Increasing Short

61,935

1.7946 GBP

1p ordinary

SWAP

Increasing Short

1,938

1.7958 GBP

1p ordinary

SWAP

Increasing Short

17,290

1.7972 GBP

1p ordinary

SWAP

Increasing Short

22,644

1.7982 GBP

1p ordinary

SWAP

Increasing Short

2,033

1.8000 GBP

1p ordinary

SWAP

Increasing Short

7,032

1.8005 GBP

1p ordinary

SWAP

Increasing Short

200,000

1.8025 USD

1p ordinary

SWAP

Increasing Short

200,000

1.8116 USD

1p ordinary

CFD

Increasing Short

4,835

1.7931 GBP

1p ordinary

CFD

Increasing Short

5,081

1.7993 GBP

1p ordinary

SWAP

Increasing Short

100,000

1.7948 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:

17-Jun-25

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213