Form 8.5 (EPT/NON-RI) - Alphawave IP Replacement

FORM 8.5 (EPT/NON-RI) Amendment - this form replaces RNS number 5591D published at 11:40 on 03/04/2025, 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 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:

02 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:

6,933,961

0.92%

14,272,620

1.89%

(2) Cash-settled derivatives:

13,268,649

1.75%

4,542,036

0.60%

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

0

0.00%

0

0.00%

 TOTAL:

20,202,610

2.67%

18,814,656

2.49%

Class of relevant security:

Senior unsecured convertible bond XS2962835257

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

2,200,000

1.46%

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: 

2,200,000

1.46%

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

1656688

1.3810 GBP

1.3279 GBP

1p ordinary

Sale

1570540

1.3803 GBP

1.3305 GBP

Senior unsecured convertible bond

Purchase

2200000

123.5800 USD

120.7500 USD

Senior unsecured convertible bond

Sale

2000000

123.3750 USD

123.3750 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

1,057

1.3258 GBP

1p ordinary

SWAP

Increasing Long

30,149

1.3339 GBP

1p ordinary

SWAP

Increasing Long

218

1.3369 GBP

1p ordinary

SWAP

Increasing Long

50,352

1.3393 GBP

1p ordinary

SWAP

Increasing Long

5,233

1.3436 GBP

1p ordinary

SWAP

Increasing Long

48,025

1.3452 GBP

1p ordinary

SWAP

Increasing Long

23,700

1.3465 GBP

1p ordinary

SWAP

Increasing Long

18,381

1.3594 GBP

1p ordinary

SWAP

Increasing Long

23,361

1.3618 GBP

1p ordinary

SWAP

Increasing Long

19,300

1.3649 GBP

1p ordinary

SWAP

Increasing Long

22,034

1.3679 GBP

1p ordinary

SWAP

Increasing Long

42,462

1.3769 GBP

1p ordinary

SWAP

Increasing Long

76,775

1.3770 GBP

1p ordinary

SWAP

Decreasing Long

29

1.3241 GBP

1p ordinary

SWAP

Decreasing Long

424

1.3279 GBP

1p ordinary

SWAP

Decreasing Long

2,210

1.3291 GBP

1p ordinary

SWAP

Decreasing Long

19

1.3370 GBP

1p ordinary

SWAP

Decreasing Long

1,166

1.3386 GBP

1p ordinary

SWAP

Decreasing Long

79

1.3502 GBP

1p ordinary

SWAP

Decreasing Long

5,581

1.3545 GBP

1p ordinary

SWAP

Decreasing Long

320

1.3547 GBP

1p ordinary

SWAP

Decreasing Long

2,269

1.3568 GBP

1p ordinary

SWAP

Decreasing Long

9,087

1.3574 GBP

1p ordinary

SWAP

Decreasing Long

20,753

1.3579 GBP

1p ordinary

SWAP

Decreasing Long

21

1.3647 GBP

1p ordinary

SWAP

Decreasing Long

211,006

1.3660 GBP

1p ordinary

SWAP

Decreasing Long

393

1.3672 GBP

1p ordinary

SWAP

Decreasing Long

61,121

1.3680 GBP

1p ordinary

SWAP

Decreasing Long

47,501

1.3731 GBP

1p ordinary

SWAP

Decreasing Long

65,200

1.3770 GBP

1p ordinary

SWAP

Decreasing Long

8,389

1.3783 GBP

1p ordinary

CFD

Increasing Long

11,865

1.3509 GBP

1p ordinary

CFD

Increasing Long

10,418

1.3596 GBP

1p ordinary

CFD

Increasing Long

4,710

1.3781 GBP

1p ordinary

CFD

Decreasing Long

5,659

1.3654 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:

03 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213