Form 8.5 EPT/Non RI ALPHAWAVE IP GROUP PLC

Jul 17 2025 15:46 BSTSource: RNS

RNS Number : 5418R

Barclays PLC

17 July 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:			16 Jul 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:				17,216,200	2.21%	5,168,153	0.66%
(2) Cash-settled derivatives:				3,856,327	0.49%	16,627,013	2.13%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				21,072,527	2.70%	21,795,166	2.80%
Class of relevant security:				Senior unsecured convertible bond
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				2,200,000	1.47%	200,000	0.13%
(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:				2,200,000	1.47%	200,000	0.13%

(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	640713	1.7571 GBP	1.7400 GBP
1p ordinary	Sale	240809	1.7569 GBP	1.7399 GBP
Senior unsecured convertible bond	Purchase	200000	148.0000 USD	148.0000 USD
Senior unsecured convertible bond	Sale	200000	148.0000 USD	148.0000 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 Short	4,420	1.7476 GBP
1p ordinary	SWAP	Decreasing Short	267	1.7399 GBP
1p ordinary	SWAP	Decreasing Short	35,425	1.7400 GBP
1p ordinary	SWAP	Decreasing Short	5,921	1.7461 GBP
1p ordinary	SWAP	Decreasing Short	3,019	1.7494 GBP
1p ordinary	SWAP	Decreasing Short	41,227	1.7502 GBP
1p ordinary	SWAP	Decreasing Short	5	1.7527 GBP
1p ordinary	SWAP	Decreasing Short	3,461	1.7529 GBP
1p ordinary	SWAP	Decreasing Short	4,791	1.7530 GBP
1p ordinary	SWAP	Decreasing Short	3,290	1.7537 GBP
1p ordinary	SWAP	Decreasing Short	987	1.7545 GBP
1p ordinary	SWAP	Decreasing Short	436	1.7549 GBP
1p ordinary	SWAP	Decreasing Short	24,959	1.7550 GBP
1p ordinary	SWAP	Decreasing Short	192	1.7556 GBP
1p ordinary	SWAP	Increasing Short	4,054	1.7400 GBP
1p ordinary	SWAP	Increasing Short	4	1.7470 GBP
1p ordinary	SWAP	Increasing Short	1,484	1.7475 GBP
1p ordinary	SWAP	Increasing Short	7	1.7490 GBP
1p ordinary	SWAP	Increasing Short	2,322	1.7508 GBP
1p ordinary	SWAP	Increasing Short	7,605	1.7509 GBP
1p ordinary	SWAP	Increasing Short	40,709	1.7520 GBP
1p ordinary	SWAP	Increasing Short	4,124	1.7550 GBP
1p ordinary	SWAP	Increasing Short	41	1.7571 GBP
1p ordinary	CFD	Decreasing Short	11,766	1.7400 GBP
1p ordinary	CFD	Decreasing Short	4,644	1.7511 GBP
1p ordinary	CFD	Decreasing Short	28	1.7567 GBP
1p ordinary	CFD	Increasing Short	8,912	1.7400 GBP
1p ordinary	CFD	Increasing Short	2,882	1.7540 GBP
1p ordinary	SWAP	Increasing Long	514,854	1.7550 GBP
1p ordinary	SWAP	Decreasing Long	514,854	1.7550 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?				NO
Date of disclosure:				17 Jul 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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