Form 8.5 EPT/Non RI ALPHAWAVE IP GROUP REPLACEMENT

FORM 8.5 (EPT/NON-RI) Amendment - this form replaces RNS number 3825Q published at 11:18 on 09/07/2025, 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 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:

08 Jul 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: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:

15,836,644

2.05%

5,295,761

0.69%

(2) Cash-settled derivatives:

3,516,362

0.46%

15,681,319

2.03%

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

0

0.00%

0

0.00%

TOTAL: 

19,353,006

2.50%

20,977,080

2.72%

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:

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)

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

740077

1.7500 GBP

1.7282 GBP

1p ordinary

Sale

765377

1.7500 GBP

1.7275 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

Decreasing Short

1,951

1.7292 GBP

1p ordinary

SWAP

Decreasing Short

1,582

1.7300 GBP

1p ordinary

SWAP

Decreasing Short

110,596

1.7345 GBP

1p ordinary

SWAP

Decreasing Short

54

1.7355 GBP

1p ordinary

SWAP

Decreasing Short

1,967

1.7366 GBP

1p ordinary

SWAP

Decreasing Short

23,687

1.7374 GBP

1p ordinary

SWAP

Decreasing Short

4,371

1.7389 GBP

1p ordinary

SWAP

Decreasing Short

3,339

1.7412 GBP

1p ordinary

SWAP

Decreasing Short

250

1.7416 GBP

1p ordinary

SWAP

Decreasing Short

501

1.7417 GBP

1p ordinary

SWAP

Decreasing Short

1,011

1.7420 GBP

1p ordinary

SWAP

Decreasing Short

173,510

1.7440 GBP

1p ordinary

SWAP

Decreasing Short

19,850

1.7499 GBP

1p ordinary

SWAP

Decreasing Short

68,595

1.7500 GBP

1p ordinary

SWAP

Increasing Short

123,728

1.7282 GBP

1p ordinary

SWAP

Increasing Short

19,200

1.7284 GBP

1p ordinary

SWAP

Increasing Short

2,401

1.7285 GBP

1p ordinary

SWAP

Increasing Short

5,390

1.7296 GBP

1p ordinary

SWAP

Increasing Short

9,600

1.7303 GBP

1p ordinary

SWAP

Increasing Short

21,225

1.7333 GBP

1p ordinary

SWAP

Increasing Short

6,832

1.7351 GBP

1p ordinary

SWAP

Increasing Short

26,870

1.7352 GBP

1p ordinary

SWAP

Increasing Short

35,925

1.7353 GBP

1p ordinary

SWAP

Increasing Short

1,975

1.7361 GBP

1p ordinary

SWAP

Increasing Short

1

1.7370 GBP

1p ordinary

SWAP

Increasing Short

227

1.7390 GBP

1p ordinary

SWAP

Increasing Short

1,887

1.7500 GBP

1p ordinary

CFD

Decreasing Short

891

1.7391 GBP

1p ordinary

CFD

Decreasing Short

12,230

1.7410 GBP

1p ordinary

CFD

Increasing Short

2,867

1.7389 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-Jul-25

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213