Form 8.5 EPT/Non RI ALPHAWAVE IP GROUP PLC

Barclays PLC

02 April 2025

 

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				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:				01 Apr 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?				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:				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:
	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:			2,000,000	0.26%	0	0.00%
Class of relevant security:				ALPHAWAVE IP GROUP PLC
				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:
	and/or controlled:			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%
(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
ALPHAWAVE IP GROUP PLC		Purchase		5,371,537		1.3919  GBP	0.9448  GBP
ALPHAWAVE IP GROUP PLC		Sale		4,358,248		1.4018  GBP	0.9808  GBP
Convertible Bond		Purchase		2,544,565		121.5000  USD	120.7500  USD
Convertible Bond		Sale		2,059,420		121.5000  USD	121.5000  USD
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
ALPHAWAVE IP GROUP PLC		SWAP		Opening Long		42	0.9869  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		1,363	1.0568  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		308,432	1.0626  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		1,589	1.0659  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		624	1.0707  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		156,196	1.0788  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		200	1.0799  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		16,877	1.0920  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		29,380	1.1105  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		33,225	1.1118  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		4,499	1.1314  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		5,971	1.1453  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		261,572	1.2101  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		15,063	1.2620  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		75,195	1.2715  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		200	1.3199  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		35,366	1.3473  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		13,585	1.3587  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		76,986	1.3697  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		234,219	1.3699  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		645,992	1.3700  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		7,507	1.3779  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		134	1.3998  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Long		27,548	1.4018  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		16	0.9320  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		796	0.9447  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		468	0.9450  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		974	0.9472  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		11	0.9796  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		19,801	1.0106  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		3	1.0805  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		22	1.1939  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		3,996	1.2374  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		8	1.2631  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		24,990	1.3013  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		2,558	1.3164  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		31,197	1.3168  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		113	1.3236  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		4,916	1.3321  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		150,000	1.3379  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		10,932	1.3384  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		9,813	1.3389  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		577	1.3420  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		6,113	1.3472  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		309	1.3483  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		86,820	1.3527  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		123,790	1.3534  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		5,127	1.3570  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		5,338	1.3588  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		573,514	1.3626  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Decreasing Long		372,573	1.3631  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Opening Short		1,009,290	1.3632  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Short		38,579	1.3700  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Short		570,438	1.3808  GBP
ALPHAWAVE IP GROUP PLC		SWAP		Increasing Short		48,923	1.3919  GBP
ALPHAWAVE IP GROUP PLC		CFD		Opening Long		47,766	1.1446  GBP
ALPHAWAVE IP GROUP PLC		CFD		Increasing Long		15,265	1.2045  GBP
ALPHAWAVE IP GROUP PLC		CFD		Increasing Long		65,405	1.3698  GBP
ALPHAWAVE IP GROUP PLC		CFD		Decreasing Long		26,044	1.1302  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:				02 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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