Form 8.5 EPT/Non RI ALPHAWAVE IP GROUP PLC

Barclays PLC

10 June 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  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:			09 Jun 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:				5,765,793	0.76%	12,885,410	1.69%
(2) Cash-settled derivatives:				11,013,421	1.44%	5,512,236	0.72%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,779,214	2.20%	18,397,646	2.41%
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:				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)	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	13431702	1.8688  GBP	1.7740  GBP
1p ordinary	Sale	7097078	1.8559  GBP	1.7739  GBP
Senior unsecured convertible bond	Purchase	514855	152.2500  USD	152.2500  USD
Senior unsecured convertible bond	Sale	514855	150.8000  USD	150.8000  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	Increasing Long	96,455	1.7739  GBP
1p ordinary	SWAP	Increasing Long	81,644	1.7740  GBP
1p ordinary	SWAP	Increasing Long	464,720	1.7754  GBP
1p ordinary	SWAP	Increasing Long	293,427	1.7809  GBP
1p ordinary	SWAP	Increasing Long	262,172	1.7972  GBP
1p ordinary	SWAP	Increasing Long	2,035	1.7978  GBP
1p ordinary	SWAP	Increasing Long	19,674	1.7992  GBP
1p ordinary	SWAP	Increasing Long	320,000	1.8002  USD
1p ordinary	SWAP	Increasing Long	22,255	1.8219  GBP
1p ordinary	SWAP	Increasing Long	541,189	1.8227  GBP
1p ordinary	SWAP	Increasing Long	1,338,185	1.8241  GBP
1p ordinary	SWAP	Increasing Long	14,836	1.8312  GBP
1p ordinary	SWAP	Increasing Long	21,781	1.8337  GBP
1p ordinary	SWAP	Increasing Long	1,704	1.8559  GBP
1p ordinary	SWAP	Decreasing Long	352,275	1.7740  GBP
1p ordinary	SWAP	Decreasing Long	87,477	1.7741  GBP
1p ordinary	SWAP	Decreasing Long	100,000	1.7878  GBP
1p ordinary	SWAP	Decreasing Long	303,969	1.7951  GBP
1p ordinary	SWAP	Decreasing Long	2,085	1.7956  GBP
1p ordinary	SWAP	Decreasing Long	19,200	1.7973  GBP
1p ordinary	SWAP	Decreasing Long	19,200	1.8003  GBP
1p ordinary	SWAP	Decreasing Long	38,400	1.8008  GBP
1p ordinary	SWAP	Decreasing Long	6,000	1.8024  GBP
1p ordinary	SWAP	Decreasing Long	38,400	1.8053  GBP
1p ordinary	SWAP	Decreasing Long	19,200	1.8095  GBP
1p ordinary	SWAP	Decreasing Long	30	1.8118  GBP
1p ordinary	SWAP	Decreasing Long	12,345	1.8127  GBP
1p ordinary	SWAP	Decreasing Long	9	1.8168  GBP
1p ordinary	SWAP	Decreasing Long	34,430	1.8176  GBP
1p ordinary	SWAP	Decreasing Long	9,600	1.8203  GBP
1p ordinary	SWAP	Decreasing Long	19,200	1.8245  GBP
1p ordinary	SWAP	Decreasing Long	19,200	1.8263  GBP
1p ordinary	SWAP	Decreasing Long	9,600	1.8273  GBP
1p ordinary	SWAP	Decreasing Long	200,000	1.8288  GBP
1p ordinary	SWAP	Decreasing Long	57,600	1.8303  GBP
1p ordinary	SWAP	Decreasing Long	654,876	1.8316  GBP
1p ordinary	SWAP	Decreasing Long	445,978	1.8318  GBP
1p ordinary	SWAP	Decreasing Long	3,000,000	1.8320  GBP
1p ordinary	SWAP	Decreasing Long	909,935	1.8352  GBP
1p ordinary	SWAP	Decreasing Long	62,361	1.8372  GBP
1p ordinary	SWAP	Decreasing Long	39,828	1.8386  GBP
1p ordinary	SWAP	Decreasing Long	131,841	1.8389  GBP
1p ordinary	SWAP	Decreasing Long	200,000	1.8390  GBP
1p ordinary	SWAP	Decreasing Long	38,400	1.8403  GBP
1p ordinary	SWAP	Decreasing Long	24,115	1.8413  GBP
1p ordinary	SWAP	Decreasing Long	297,770	1.8417  GBP
1p ordinary	SWAP	Decreasing Long	19,200	1.8418  GBP
1p ordinary	SWAP	Decreasing Long	58,502	1.8427  GBP
1p ordinary	SWAP	Decreasing Long	946,577	1.8448  GBP
1p ordinary	SWAP	Decreasing Long	38,400	1.8453  GBP
1p ordinary	SWAP	Decreasing Long	19,200	1.8463  GBP
1p ordinary	SWAP	Decreasing Long	19,200	1.8465  GBP
1p ordinary	SWAP	Decreasing Long	900,000	1.8468  GBP
1p ordinary	SWAP	Decreasing Long	500,000	1.8520  GBP
1p ordinary	SWAP	Decreasing Long	200,000	1.8528  GBP
1p ordinary	SWAP	Decreasing Long	150,000	1.8530  GBP
1p ordinary	SWAP	Decreasing Long	57,600	1.8587  GBP
1p ordinary	SWAP	Decreasing Long	19,200	1.8589  GBP
1p ordinary	SWAP	Decreasing Long	19,200	1.8653  GBP
1p ordinary	SWAP	Decreasing Long	19,200	1.8688  GBP
1p ordinary	CFD	Increasing Long	8,678	1.7980  GBP
1p ordinary	CFD	Decreasing Long	6,056	1.8144  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:				10 Jun 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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