Form 8.5 EPT/Non RI ALPHAWAVE IP GROUP PLC

Barclays PLC

19 September 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:			18 Sep 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: 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:				22,785,297	2.90%	4,764,752	0.61%
(2) Cash-settled derivatives:				2,513,189	0.32%	22,467,245	2.85%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				25,298,486	3.21%	27,231,997	3.46%
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	833959	1.8979  GBP	1.8628  GBP
1p ordinary	Sale	337429	1.8990  GBP	1.8658  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	Decreasing Short	6,706	1.8826  GBP
1p ordinary	SWAP	Decreasing Short	250,000	1.8643  USD
1p ordinary	SWAP	Decreasing Short	15,000	1.8658  USD
1p ordinary	SWAP	Decreasing Short	50,000	1.8662  USD
1p ordinary	SWAP	Decreasing Short	185,001	1.8663  USD
1p ordinary	SWAP	Decreasing Short	17	1.8758  GBP
1p ordinary	SWAP	Decreasing Short	180	1.8759  GBP
1p ordinary	SWAP	Decreasing Short	91	1.8813  GBP
1p ordinary	SWAP	Decreasing Short	21	1.8836  GBP
1p ordinary	SWAP	Decreasing Short	90	1.8837  GBP
1p ordinary	SWAP	Decreasing Short	17,350	1.8850  GBP
1p ordinary	SWAP	Decreasing Short	3	1.8859  GBP
1p ordinary	SWAP	Decreasing Short	10,503	1.8860  GBP
1p ordinary	SWAP	Decreasing Short	11,486	1.8865  GBP
1p ordinary	SWAP	Decreasing Short	4,714	1.8973  GBP
1p ordinary	SWAP	Increasing Short	550,000	1.8671  USD
1p ordinary	SWAP	Increasing Short	10,322	1.8835  GBP
1p ordinary	SWAP	Increasing Short	18,010	1.8839  GBP
1p ordinary	SWAP	Increasing Short	124,987	1.8841  USD
1p ordinary	SWAP	Increasing Short	60,220	1.8845  GBP
1p ordinary	SWAP	Increasing Short	1,667	1.8846  GBP
1p ordinary	SWAP	Increasing Short	5,775	1.8855  GBP
1p ordinary	SWAP	Increasing Short	13,520	1.8860  GBP
1p ordinary	SWAP	Increasing Short	17,916	1.8868  GBP
1p ordinary	SWAP	Increasing Short	142,376	1.8869  GBP
1p ordinary	SWAP	Increasing Short	701	1.8878  GBP
1p ordinary	SWAP	Increasing Short	3,232	1.8879  GBP
1p ordinary	SWAP	Increasing Short	14,312	1.8894  GBP
1p ordinary	SWAP	Increasing Short	19,429	1.8899  GBP
1p ordinary	SWAP	Increasing Short	14,140	1.8900  GBP
1p ordinary	SWAP	Increasing Short	4,012	1.8948  GBP
1p ordinary	CFD	Increasing Short	2,127	1.8851  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:				19 Sep 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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