Form8.5EPT/NonRIAQUAACQUISITIONSUBLLC(ANINDIRECTWH

Barclays PLC

17 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				AQUA ACQUISITION SUB LLC (AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF QUALCOMM INCORPORATED)
	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:				13 Nov 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?				ALPHAWAVE IP GROUP PLC
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:			6,678,637	0.62%	7,026,755	0.66%
(2)	Cash-settled derivatives:
	and/or controlled:			1,316,366	0.12%	371,977	0.03%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			770,600	0.10%	3,208,039	0.52%
	TOTAL:			8,765,603	0.84%	10,606,771	1.21%
(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
USD 0.0001 common		Purchase		120		153.2400  EUR	150.2400  EUR
USD 0.0001 common		Sale		341		152.7057  EUR	150.2400  EUR
USD 0.0001 common		Purchase		1,275,285		178.4000  USD	153.1754  USD
USD 0.0001 common		Sale		1,646,014		178.3200  USD	173.7175  USD
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
USD 0.0001 common		SWAP		Decreasing Short		32	150.9883  EUR
USD 0.0001 common		SWAP		Decreasing Short		31	151.0364  EUR
USD 0.0001 common		SWAP		Decreasing Short		160	151.9152  EUR
USD 0.0001 common		CFD		Decreasing Long		2	150.6200  EUR
USD 0.0001 common		SWAP		Decreasing Long		41	174.5024  USD
USD 0.0001 common		SWAP		Increasing Long		426	174.1033  USD
USD 0.0001 common		SWAP		Increasing Long		708	174.3550  USD
USD 0.0001 common		SWAP		Decreasing Long		852	174.1033  USD
USD 0.0001 common		SWAP		Decreasing Long		1,416	174.3550  USD
USD 0.0001 common		SWAP		Decreasing Long		4,672	174.5000  USD
(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?				YES
Date of disclosure:				17 Nov 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213
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				BARCLAYS CAPITAL SECURITIES LTD
are being disclosed:
Name of offeror/offeree in relation to whose				AQUA ACQUISITION SUB LLC (AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF QUALCOMM INCORPORATED)
relevant securities this from relates:
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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