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

FORM 8.5 (EPT/NON-RI) - Amendment - this form replaces RNS number 3639D published at 11:50 on 02/04/2025, changes made to section 2a, 3a and 3b.

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:

01 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:

6,573,702

0.87%

13,998,509

1.85%

(2) Cash-settled derivatives:

12,957,688

1.71%

4,177,888

0.55%

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

0

0.00%

0

0.00%

TOTAL: 

19,531,390

2.58%

18,176,397

2.40%

Class of relevant security:

Senior unsecured convertible bond XS2962835257

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

2,000,000

0.26%

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:

2,000,000

0.26%

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

5371537

1.3919 GBP

0.9448 GBP

1p ordinary

Sale

4358248

1.4018 GBP

0.9808 GBP

Senior unsecured convertible bond

Purchase

2544565

121.5000 USD

120.7500 USD

Senior unsecured convertible bond

Sale

2059420

121.5000 USD

121.5000 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

Opening Long

42

0.9869 GBP

1p ordinary

SWAP

Increasing Long

1,363

1.0568 GBP

1p ordinary

SWAP

Increasing Long

308,432

1.0626 GBP

1p ordinary

SWAP

Increasing Long

1,589

1.0659 GBP

1p ordinary

SWAP

Increasing Long

624

1.0707 GBP

1p ordinary

SWAP

Increasing Long

156,196

1.0788 GBP

1p ordinary

SWAP

Increasing Long

200

1.0799 GBP

1p ordinary

SWAP

Increasing Long

16,877

1.0920 GBP

1p ordinary

SWAP

Increasing Long

29,380

1.1105 GBP

1p ordinary

SWAP

Increasing Long

33,225

1.1118 GBP

1p ordinary

SWAP

Increasing Long

4,499

1.1314 GBP

1p ordinary

SWAP

Increasing Long

5,971

1.1453 GBP

1p ordinary

SWAP

Increasing Long

261,572

1.2101 GBP

1p ordinary

SWAP

Increasing Long

15,063

1.2620 GBP

1p ordinary

SWAP

Increasing Long

75,195

1.2715 GBP

1p ordinary

SWAP

Increasing Long

200

1.3199 GBP

1p ordinary

SWAP

Increasing Long

35,366

1.3473 GBP

1p ordinary

SWAP

Increasing Long

13,585

1.3587 GBP

1p ordinary

SWAP

Increasing Long

76,986

1.3697 GBP

1p ordinary

SWAP

Increasing Long

234,219

1.3699 GBP

1p ordinary

SWAP

Increasing Long

645,992

1.3700 GBP

1p ordinary

SWAP

Increasing Long

7,507

1.3779 GBP

1p ordinary

SWAP

Increasing Long

134

1.3998 GBP

1p ordinary

SWAP

Increasing Long

27,548

1.4018 GBP

1p ordinary

SWAP

Decreasing Long

16

0.9320 GBP

1p ordinary

SWAP

Decreasing Long

796

0.9447 GBP

1p ordinary

SWAP

Decreasing Long

468

0.9450 GBP

1p ordinary

SWAP

Decreasing Long

974

0.9472 GBP

1p ordinary

SWAP

Decreasing Long

11

0.9796 GBP

1p ordinary

SWAP

Decreasing Long

19,801

1.0106 GBP

1p ordinary

SWAP

Decreasing Long

3

1.0805 GBP

1p ordinary

SWAP

Decreasing Long

22

1.1939 GBP

1p ordinary

SWAP

Decreasing Long

3,996

1.2374 GBP

1p ordinary

SWAP

Decreasing Long

8

1.2631 GBP

1p ordinary

SWAP

Decreasing Long

24,990

1.3013 GBP

1p ordinary

SWAP

Decreasing Long

2,558

1.3164 GBP

1p ordinary

SWAP

Decreasing Long

31,197

1.3168 GBP

1p ordinary

SWAP

Decreasing Long

113

1.3236 GBP

1p ordinary

SWAP

Decreasing Long

4,916

1.3321 GBP

1p ordinary

SWAP

Decreasing Long

150,000

1.3379 GBP

1p ordinary

SWAP

Decreasing Long

10,932

1.3384 GBP

1p ordinary

SWAP

Decreasing Long

9,813

1.3389 GBP

1p ordinary

SWAP

Decreasing Long

577

1.3420 GBP

1p ordinary

SWAP

Decreasing Long

6,113

1.3472 GBP

1p ordinary

SWAP

Decreasing Long

309

1.3483 GBP

1p ordinary

SWAP

Decreasing Long

86,820

1.3527 GBP

1p ordinary

SWAP

Decreasing Long

123,790

1.3534 GBP

1p ordinary

SWAP

Decreasing Long

5,127

1.3570 GBP

1p ordinary

SWAP

Decreasing Long

5,338

1.3588 GBP

1p ordinary

SWAP

Decreasing Long

573,514

1.3626 GBP

1p ordinary

SWAP

Decreasing Long

372,573

1.3631 GBP

1p ordinary

SWAP

Opening Short

1,009,290

1.3632 GBP

1p ordinary

SWAP

Increasing Short

38,579

1.3700 GBP

1p ordinary

SWAP

Increasing Short

570,438

1.3808 GBP

1p ordinary

SWAP

Increasing Short

48,923

1.3919 GBP

1p ordinary

CFD

Opening Long

47,766

1.1446 GBP

1p ordinary

CFD

Increasing Long

15,265

1.2045 GBP

1p ordinary

CFD

Increasing Long

65,405

1.3698 GBP

1p ordinary

CFD

Decreasing Long

26,044

1.1302 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:

02 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213