Form 8.5 EPT/Non RI ALPHAWAVE IP GROUP PLC

FORM 8.5 (EPT/NON-RI)

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:

29 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:

4,876,901

0.64%

16,513,440

2.17%

(2) Cash-settled derivatives:

14,862,039

1.96%

4,802,090

0.63%

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

0

0.00%

0

0.00%

TOTAL: 

19,738,940

2.60%

21,315,530

2.80%

Class of relevant security:

Senior unsecured Convertible Bond

Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

4,200,000

2.80%

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: 

4,200,000

2.80%

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

1180658

1.2370 GBP

1.1476 GBP

1p ordinary

Sale

1195359

1.2370 GBP

1.1515 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

Increasing Long

9,302

1.1717 GBP

1p ordinary

SWAP

Increasing Long

79,782

1.1794 GBP

1p ordinary

SWAP

Increasing Long

25,108

1.1803 GBP

1p ordinary

SWAP

Increasing Long

98,299

1.1819 GBP

1p ordinary

SWAP

Increasing Long

107,571

1.1823 GBP

1p ordinary

SWAP

Increasing Long

2,932

1.1851 GBP

1p ordinary

SWAP

Increasing Long

11,296

1.1887 GBP

1p ordinary

SWAP

Increasing Long

3,659

1.1976 GBP

1p ordinary

SWAP

Increasing Long

1,019

1.2006 GBP

1p ordinary

SWAP

Increasing Long

121,169

1.2040 GBP

1p ordinary

SWAP

Increasing Long

2,365

1.2107 GBP

1p ordinary

SWAP

Increasing Long

150,635

1.2239 GBP

1p ordinary

SWAP

Increasing Long

64,067

1.2240 GBP

1p ordinary

SWAP

Decreasing Long

1,211

1.1666 GBP

1p ordinary

SWAP

Decreasing Long

3,953

1.1676 GBP

1p ordinary

SWAP

Decreasing Long

13,101

1.1750 GBP

1p ordinary

SWAP

Decreasing Long

465,424

1.1770 GBP

1p ordinary

SWAP

Decreasing Long

27,884

1.1786 GBP

1p ordinary

SWAP

Decreasing Long

59,576

1.1903 GBP

1p ordinary

SWAP

Decreasing Long

66,639

1.1907 GBP

1p ordinary

SWAP

Decreasing Long

4

1.1987 GBP

1p ordinary

SWAP

Decreasing Long

11,450

1.2006 GBP

1p ordinary

SWAP

Decreasing Long

9

1.2040 GBP

1p ordinary

SWAP

Decreasing Long

39,749

1.2143 GBP

1p ordinary

SWAP

Decreasing Long

2,613

1.2173 GBP

1p ordinary

SWAP

Decreasing Long

10,764

1.2233 GBP

1p ordinary

SWAP

Decreasing Long

11

1.2236 GBP

1p ordinary

SWAP

Decreasing Long

7,876

1.2239 GBP

1p ordinary

SWAP

Decreasing Long

132,405

1.2240 GBP

1p ordinary

SWAP

Decreasing Long

36

1.2370 GBP

1p ordinary

CFD

Increasing Long

1,767

1.1659 GBP

1p ordinary

CFD

Increasing Long

38,644

1.1819 GBP

1p ordinary

CFD

Increasing Long

82,338

1.1823 GBP

1p ordinary

CFD

Increasing Long

63,291

1.1876 GBP

1p ordinary

CFD

Increasing Long

1,792

1.1919 GBP

1p ordinary

CFD

Increasing Long

538

1.2079 GBP

1p ordinary

CFD

Increasing Long

526

1.2239 GBP

1p ordinary

CFD

Decreasing Long

36,871

1.1100 GBP

1p ordinary

CFD

Decreasing Long

6,504

1.1120 GBP

1p ordinary

CFD

Decreasing Long

4,805

1.1240 GBP

1p ordinary

CFD

Decreasing Long

19,322

1.1819 GBP

1p ordinary

CFD

Decreasing Long

82,338

1.1823 GBP

1p ordinary

CFD

Decreasing Long

63,291

1.1876 GBP

1p ordinary

CFD

Decreasing Long

1,076

1.2079 GBP

1p ordinary

CFD

Decreasing Long

13,611

1.2239 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:

30 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213