Form8.5EPT/NonRIALPHAWAVEIPGROUPPLC Replacement

FORM 8.5 Amendment - this form replaces RNS number 7536F published at 15:01 on 31/10/2025, changes made to section 2A,3A

Amendment - this form replaces RNS number 3558F published at 12:04 on 29/10/2025 changes made to section 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

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:

28 Oct 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:

20,046,843

2.53%

4,785,508

0.61%

(2)

Cash-settled derivatives:

and/or controlled:

3,002,412

0.38%

20,246,337

2.56%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

23,049,255

2.91%

25,031,845

3.17%

Class of relevant security:

Senior unsecured convertible bond

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

3,200,000

2.13%

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:

3,200,000

2.13%

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

1,428,870

1.9340 GBP

1.8403 GBP

1p ordinary

Sale

1,085,654

1.9622 GBP

1.8832 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

1,600,000

1.7700 USD

1p ordinary

SWAP

Decreasing Short

11,248

1.8859 GBP

1p ordinary

SWAP

Decreasing Short

3,445

1.8880 GBP

1p ordinary

SWAP

Decreasing Short

6,356

1.8883 GBP

1p ordinary

SWAP

Decreasing Short

137

1.8900 GBP

1p ordinary

SWAP

Decreasing Short

6,096

1.8911 GBP

1p ordinary

SWAP

Decreasing Short

47,161

1.8932 GBP

1p ordinary

SWAP

Decreasing Short

5,961

1.8938 GBP

1p ordinary

SWAP

Decreasing Short

13,854

1.8945 GBP

1p ordinary

SWAP

Decreasing Short

34,758

1.8946 GBP

1p ordinary

SWAP

Decreasing Short

2,080

1.8957 GBP

1p ordinary

SWAP

Decreasing Short

1

1.8979 GBP

1p ordinary

SWAP

Decreasing Short

379,413

1.9036 USD

1p ordinary

SWAP

Decreasing Short

2,138

1.9086 GBP

1p ordinary

SWAP

Decreasing Short

36,392

1.9088 GBP

1p ordinary

SWAP

Decreasing Short

1

1.9167 GBP

1p ordinary

SWAP

Decreasing Short

33,164

1.9177 GBP

1p ordinary

SWAP

Decreasing Short

199,830

1.9180 GBP

1p ordinary

SWAP

Decreasing Short

100

1.9228 GBP

1p ordinary

SWAP

Decreasing Short

55,000

1.9230 GBP

1p ordinary

SWAP

Decreasing Short

114,600

1.9622 USD

1p ordinary

SWAP

Decreasing Short

48

1.9700 GBP

1p ordinary

SWAP

Increasing Short

24,000

1.8362 GBP

1p ordinary

SWAP

Increasing Short

205,418

1.8403 USD

1p ordinary

SWAP

Increasing Short

4,773

1.8632 USD

1p ordinary

SWAP

Increasing Short

201

1.8851 GBP

1p ordinary

SWAP

Increasing Short

383,988

1.8860 GBP

1p ordinary

SWAP

Increasing Short

134,570

1.8911 GBP

1p ordinary

SWAP

Increasing Short

32,755

1.8953 GBP

1p ordinary

SWAP

Increasing Short

338,411

1.8966 GBP

1p ordinary

SWAP

Increasing Short

85,770

1.8982 GBP

1p ordinary

SWAP

Increasing Short

36,465

1.8986 GBP

1p ordinary

SWAP

Increasing Short

70,000

1.9014 GBP

1p ordinary

SWAP

Increasing Short

657

1.9039 GBP

1p ordinary

SWAP

Increasing Short

8,182

1.9044 GBP

1p ordinary

SWAP

Increasing Short

245,233

1.9044 USD

1p ordinary

SWAP

Increasing Short

7,232

1.9102 GBP

1p ordinary

SWAP

Increasing Short

4,767

1.9111 USD

1p ordinary

SWAP

Increasing Short

1,848

1.9146 GBP

1p ordinary

SWAP

Increasing Short

2,165

1.9150 GBP

1p ordinary

SWAP

Increasing Short

986

1.9180 GBP

1p ordinary

SWAP

Increasing Short

2,585

1.9201 GBP

1p ordinary

CFD

Decreasing Short

6,037

1.9014 GBP

1p ordinary

CFD

Increasing Short

367

1.9265 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:

14 Nov 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213