Form8.5EPT/NonRIAQUAACQUISITIONSUBLLC

Barclays PLC

10 November 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:			AQUA ACQUISITION SUB LLC (AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF QUALCOMM INCORPORATED)
(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:			07 Nov 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 INC
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:				USD 0.0001 common
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				7,082,703	0.66%	6,799,279	0.63%
(2) Cash-settled derivatives:				1,220,789	0.11%	372,342	0.03%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				770,600	0.07%	3,208,039	0.29%
TOTAL:				9,074,092	0.85%	10,379,660	0.96%
(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
USD 0.0001 common	Purchase	65	149.0400  EUR	146.6400  EUR
USD 0.0001 common	Sale	813	148.9847  EUR	146.5800  EUR
USD 0.0001 common	Purchase	844633	233.4361  USD	168.5100  USD
USD 0.0001 common	Sale	845276	173.2400  USD	168.4700  USD
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
USD 0.0001 common	SWAP	Decreasing Short	6	146.5716  EUR
USD 0.0001 common	SWAP	Decreasing Short	192	147.0270  EUR
USD 0.0001 common	SWAP	Decreasing Short	100	148.2478  EUR
USD 0.0001 common	SWAP	Decreasing Short	132	148.6481  EUR
USD 0.0001 common	SWAP	Increasing Short	1	150.2800  EUR
USD 0.0001 common	CFD	Increasing Long	295	146.5800  EUR
USD 0.0001 common	CFD	Increasing Long	26	148.6400  EUR
USD 0.0001 common	CFD	Decreasing Long	2	149.0400  EUR
USD 0.0001 common	SWAP	Increasing Short	339	170.8925  USD
USD 0.0001 common	SWAP	Decreasing Long	67	170.8925  USD
USD 0.0001 common	SWAP	Increasing Long	600	170.6554  USD
USD 0.0001 common	SWAP	Increasing Long	696	170.9895  USD
USD 0.0001 common	SWAP	Decreasing Long	780	170.8900  USD
USD 0.0001 common	SWAP	Decreasing Long	1,392	170.9895  USD
(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?				YES
Date of disclosure:				10 Nov 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213
SUPPLEMENTAL FORM 8 (OPEN POSITIONS)
DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO
PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the "Code")
1.    KEY INFORMATION
Identity of the person whose positions/dealings  are being disclosed:					BARCLAYS CAPITAL SECURITIES LTD
Name of offeror/offeree in relation to whose  relevant securities this from relates:					AQUA ACQUISITION SUB LLC (AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF QUALCOMM INCORPORATED)
2.    OPTIONS AND DERIVATIVES
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
USD 0.0001 common	Put Options	Purchased	-200,000	100.00	American	18-Dec-26
USD 0.0001 common	Put Options	Purchased	-170,000	160.00	American	16-Jan-26
USD 0.0001 common	Put Options	Purchased	-55,900	100.00	American	16-Jan-26
USD 0.0001 common	Put Options	Purchased	-53,600	105.00	American	16-Jan-26
USD 0.0001 common	Put Options	Purchased	-37,400	110.00	American	20-Mar-26
USD 0.0001 common	Put Options	Purchased	-29,000	170.00	American	16-Jan-26
USD 0.0001 common	Put Options	Purchased	-22,200	110.00	American	16-Jan-26
USD 0.0001 common	Put Options	Purchased	-11,000	110.00	American	18-Jun-26
USD 0.0001 common	Put Options	Purchased	-7,100	105.00	American	20-Mar-26
USD 0.0001 common	Put Options	Purchased	-6,500	100.00	American	18-Jun-26
USD 0.0001 common	Put Options	Purchased	-2,900	95.00	American	20-Mar-26
USD 0.0001 common	Put Options	Purchased	-2,500	115.00	American	18-Jun-26
USD 0.0001 common	Put Options	Purchased	-2,300	105.00	American	18-Jun-26
USD 0.0001 common	Put Options	Purchased	-2,000	115.00	American	20-Mar-26
USD 0.0001 common	Call Options	Purchased	2,600	195.00	American	16-Jan-26
USD 0.0001 common	Call Options	Purchased	21,600	185.00	American	16-Jan-26
USD 0.0001 common	Call Options	Purchased	31,100	190.00	American	16-Jan-26
USD 0.0001 common	Call Options	Written	-1,112,330	160.61	European	30-Apr-26
USD 0.0001 common	Call Options	Written	-403,618	229.16	European	30-Oct-26
USD 0.0001 common	Call Options	Written	-317,375	163.51	European	06-Apr-26
USD 0.0001 common	Call Options	Written	-233,923	185.64	European	12-Oct-26
USD 0.0001 common	Call Options	Written	-191,840	150.87	European	06-Apr-26
USD 0.0001 common	Call Options	Written	-89,341	220.15	European	29-Oct-26
USD 0.0001 common	Call Options	Written	-157,114	146.54	European	04-Dec-25
USD 0.0001 common	Call Options	Written	-100,098	153.18	European	15-Apr-26
USD 0.0001 common	Put Options	Written	40,000	180.00	American	19-Dec-25
USD 0.0001 common	Put Options	Written	27,000	120.00	American	16-Jan-26
USD 0.0001 common	Put Options	Written	30,000	130.00	American	15-Jan-27
USD 0.0001 common	Put Options	Written	30,000	130.00	American	16-Jan-26
USD 0.0001 common	Put Options	Written	70,000	120.00	American	18-Dec-26
USD 0.0001 common	Put Options	Written	200,000	135.00	American	18-Dec-26
USD 0.0001 common	Put Options	Written	318,300	140.00	American	16-Jan-26
3.    AGREEMENTS TO PURCHASE OR SELL ETC.
Full details should be given so that the nature of the interest or position can be fully understood:

 

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