Form 8.3 - Alphawave IP Group Plc
13th Jun 2025 13:46
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Full name of discloser: | Jefferies International Limited |
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. |
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(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Alphawave IP Group plc |
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: |
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(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure |
12th June 2025 |
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" |
Qualcomm Incorporated |
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in\ 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(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: |
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| 2,242,797 | 0.297 |
(2) Cash-settled derivatives:
| 1,234,902 | 0.160 | 450,973 | 0.053 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
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TOTAL: | 1,234,902 | 0.160 | 2,693,770 | 0.348 |
Class of relevant security:
| Senior unsecured convertible bond | |||
| Interests | Short positions | ||
| Number | % | Number | % |
(1) Relevant securities owned and/or controlled: | 8,200,000 | 5.467 |
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(2) Cash-settled derivatives:
| 0 | 0.000 | 0 | 0.000 |
(3) Stock-settled derivatives 9,046,722 (including options) and agreements to purchase/sell: |
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TOTAL: | 8,200,000 | 5.467 | 0 | 0.000 |
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
(b) Rights to subscribe for new securities (including directors' and other employee options)
Class of relevant security in relation to which subscription right exists: |
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Details, including nature of the rights concerned and relevant percentages: |
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3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchase/sale
| Number of securities | Price per unit (GBX) |
1p ordinary | Purchase
Sale | 2,683 20,080 162 14 1,504 744 1,498 3,433 3,019 7,520 2,062 376 6,775 8,679 41,101 16,572 182,790 4,158 13,787 22,605 48,452 11,663 57,317 5,284 17,148 15,980 706 1,497 4,361 6,264 25,967 25,351 10,742 55,984 27,020 123,018 3,149 9,088 349,012 13,113 3,757 2,250 24,932 8,066 5,131 14,336 26,082 1,710 51 2,250 1,123 50,000
168,230 5,562 1,166 2,040 1,500 600,501 44,646 1,122 1,128 4,108 17,990 753 16,599 87,079 287,942 | 179.2000 179.2500 179.5000 179.8000 179.8500 179.9500 180.0000 180.0500 180.1000 180.1500 180.2000 180.2500 180.3500 180.4000 180.4500 180.5000 180.5250 180.5500 180.6000 180.6500 180.7000 180.7500 180.8000 180.8500 180.9000 180.9500 181.0000 181.0500 181.1000 181.1500 181.2000 181.2401 181.2500 181.3000 181.3500 181.4000 181.4500 181.5000 181.5086 181.5500 181.6000 181.6500 181.7000 181.7500 181.8000 181.8500 181.9000 182.1500 182.2500 182.3500 182.4000 246.8767
180.5000 180.6000 180.6500 180.7000 180.8000 181.0000 181.0300 181.0500 181.1000 181.2500 181.3000 181.3500 181.4000 181.6000 181.6056 |
Class of relevant security | Purchase/sale
| Number of securities | Price per unit (USD) |
Senior unsecured convertible bond |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit (USD) |
1p ordinary | Swap Swap Swap Swap Swap Swap | Increasing a short position Increasing a short position Increasing a short position Increasing a short position Increasing a short position Increasing a short position | 1,334 2,374 7,024 21,819 13,035 4,414 | 2.4688 USD 2.4688 USD 2.4688 USD 2.4688 USD 2.4688 USD 2.4688 USD |
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit (GBX) |
Senior Unsecured Convertible Bond |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
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(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
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4. OTHER INFORMATION
(a) Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
None |
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the person 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
None |
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | NO |
| Date of disclosure: | 13th June 2025 |
| Contact name: | Robin Greenwood |
| Telephone number | 020 7029 8595 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.