Form 8.5 (EPT/NON-RI) Alphawave IP Group plc

Barclays PLC

10 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  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 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:				4,940,806	0.65%	15,437,091	2.04%
(2) Cash-settled derivatives:				14,077,624	1.86%	4,495,027	0.59%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				19,018,430	2.51%	19,932,118	2.63%
Class of relevant security:				Senior unsecured Convertible Bond XS2962835257
				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	1530657	1.2496  GBP	1.1880  GBP
1p ordinary	Sale	1774301	1.2496  GBP	1.1880  GBP
Senior unsecured Convertible Bond	Purchase	3600000	118.2500  USD	118.0000  USD
Senior unsecured Convertible Bond	Sale	3600000	118.7600  USD	118.7600  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	8,153	1.1899  GBP
1p ordinary	SWAP	Increasing Long	42,512	1.1900  GBP
1p ordinary	SWAP	Increasing Long	4,147	1.1936  GBP
1p ordinary	SWAP	Increasing Long	2,503	1.1944  GBP
1p ordinary	SWAP	Increasing Long	4,275	1.1947  GBP
1p ordinary	SWAP	Increasing Long	4,362	1.1986  GBP
1p ordinary	SWAP	Increasing Long	36,160	1.2002  GBP
1p ordinary	SWAP	Increasing Long	19,169	1.2019  GBP
1p ordinary	SWAP	Increasing Long	71,359	1.2085  GBP
1p ordinary	SWAP	Increasing Long	1,100	1.2116  GBP
1p ordinary	SWAP	Increasing Long	11,216	1.2193  GBP
1p ordinary	SWAP	Increasing Long	8,566	1.2223  GBP
1p ordinary	SWAP	Increasing Long	61,307	1.2241  GBP
1p ordinary	SWAP	Increasing Long	42,032	1.2249  GBP
1p ordinary	SWAP	Increasing Long	6,433	1.2284  GBP
1p ordinary	SWAP	Increasing Long	37,173	1.2328  GBP
1p ordinary	SWAP	Decreasing Long	10,900	1.1900  GBP
1p ordinary	SWAP	Decreasing Long	12,900	1.2102  GBP
1p ordinary	SWAP	Decreasing Long	16	1.2110  GBP
1p ordinary	SWAP	Decreasing Long	24,627	1.2141  GBP
1p ordinary	SWAP	Decreasing Long	8	1.2161  GBP
1p ordinary	SWAP	Decreasing Long	19,438	1.2188  GBP
1p ordinary	SWAP	Decreasing Long	331	1.2241  GBP
1p ordinary	SWAP	Decreasing Long	3,210	1.2325  GBP
1p ordinary	SWAP	Decreasing Long	14,808	1.2329  GBP
1p ordinary	SWAP	Decreasing Long	13,009	1.2350  GBP
1p ordinary	SWAP	Decreasing Long	1,604	1.2660  GBP
1p ordinary	CFD	Increasing Long	12,331	1.2104  GBP
1p ordinary	CFD	Increasing Long	1,560	1.2257  GBP
1p ordinary	CFD	Decreasing Long	25,174	1.2371  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 Apr 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END