Form 8.5 (EPT/RI)- Replacement of Aqua Acquisition

Source: RNS
RNS Number : 3576G
Morgan Stanley & Co. Int'l plc
05 November 2025
 

AMENDMENT(2(a), 2(c)(i))

FORM 8.5 (EPT/RI)

 

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

(a) Name of exempt principal trader:

Morgan Stanley & Co. International plc

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

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 dealing undertaken:

30 October 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 this offer?

     If it is a cash offer or possible cash offer, state "N/A"

YES - Alphawave IP Group plc

 

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

 

The currency of all prices and other monetary amounts should be stated.

 

(a)        Purchases and sales

 

Class of relevant security

Purchases/ sales

 

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

USD 0.0001 common

SALES

717

135.5848 GBP

135.5848 GBP

USD 0.0001 common

PURCHASES

216

155.0000 EUR

153.6100 EUR

USD 0.0001 common

SALES

54

155.1800 EUR

153.6600 EUR

USD 0.0001 common

PURCHASES

27,307

179.4963 USD

177.2600 USD

USD 0.0001 common

SALES

19,610

179.4963 USD

177.2600 USD

 

(b)        Cash-settled derivative transactions

 

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

USD 0.0001 common

CFD

increasing a short position

2

153.3400 EUR

USD 0.0001 common

CFD

increasing a short position

2

153.6100 EUR

USD 0.0001 common

CFD

increasing a short position

162

154.0501 EUR

USD 0.0001 common

CFD

increasing a short position

8

155.0100 EUR

USD 0.0001 common

CFD

reducing a long position

3

153.9100 EUR

USD 0.0001 common

CFD

reducing a short position

12

155.1800 EUR

USD 0.0001 common

Constant Leverage Certificate (ISIN  DE000MC2W7C8)

SHORT

46

18.2770 EUR

USD 0.0001 common

Constant Leverage Certificate (ISIN  DE000MG0D5N5)

SHORT

1,300

1.6800 EUR

USD 0.0001 common

Constant Leverage Certificate (ISIN  DE000MK3WCN8)

SHORT

120

12.5300 EUR

USD 0.0001 common

Constant Leverage Certificate (ISIN  GB00BTL00898)

LONG

31

218.0600 SEK

USD 0.0001 common

Constant Leverage Certificate (ISIN  GB00BTL00898)

SHORT

31

222.1200 SEK

USD 0.0001 common

Mini Future (ISIN  DE000MG6G722)

LONG

147

4.9100 EUR

USD 0.0001 common

Miscellaneous Leverage Without Knock Out (ISIN  DE000MG60UR3)

LONG

1,000

0.6500 EUR

USD 0.0001 common

Miscellaneous Leverage Without Knock Out (ISIN  DE000MG60UR3)

SHORT

1,000

0.6600 EUR

USD 0.0001 common

Open End Knock Out Warrant (ISIN  DE000MD7MBU6)

SHORT

200

5.1500 EUR

USD 0.0001 common

Open End Knock Out Warrant (ISIN  DE000MD8WDB9)

LONG

240

5.3800 EUR

USD 0.0001 common

Open End Knock Out Warrant (ISIN  DE000MD950L5)

SHORT

100

6.4100 EUR

USD 0.0001 common

Open End Knock Out Warrant (ISIN  DE000ME359M6)

SHORT

250

4.8700 EUR

USD 0.0001 common

Open End Knock Out Warrant (ISIN  DE000ME47K03)

SHORT

100

7.8000 EUR

USD 0.0001 common

Open End Knock Out Warrant (ISIN  DE000MJ2FX47)

SHORT

500

5.0300 EUR

USD 0.0001 common

Open End Knock Out Warrant (ISIN  DE000MK5GST9)

SHORT

250

3.6040 EUR

USD 0.0001 common

Open End Knock Out Warrant (ISIN  DE000MK6LS57)

SHORT

830

3.0400 EUR

USD 0.0001 common

Open End Knock Out Warrant (ISIN  DE000MM28T56)

SHORT

276

2.2461 EUR

USD 0.0001 common

Open End Knock Out Warrant (ISIN  DE000MM68HV3)

LONG

2,000

1.3100 EUR

USD 0.0001 common

Warrants  (ISIN  DE000ME65YX7)

LONG

4,599

2.0082 EUR

USD 0.0001 common

Warrants  (ISIN  DE000ME65YX7)

SHORT

16,225

2.0273 EUR

USD 0.0001 common

Warrants  (ISIN  DE000MG7C4Q5)

SHORT

1,108

2.2700 EUR

USD 0.0001 common

Warrants  (ISIN  DE000MG7CP58)

LONG

1,750

1.1800 EUR

USD 0.0001 common

Warrants  (ISIN  DE000MG7CP58)

SHORT

750

1.2200 EUR

USD 0.0001 common

Warrants  (ISIN  DE000MG7CPN9)

SHORT

178,863

0.7698 EUR

USD 0.0001 common

Warrants  (ISIN  DE000MG83VC5)

LONG

24,590

0.4519 EUR

USD 0.0001 common

Warrants  (ISIN  DE000MG83VC5)

SHORT

5,850

0.4757 EUR

USD 0.0001 common

Warrants  (ISIN  DE000MJ85PX2)

LONG

166

3.0600 EUR

USD 0.0001 common

Warrants  (ISIN  DE000MJ85PX2)

SHORT

27,795

3.0804 EUR

USD 0.0001 common

Warrants  (ISIN  DE000MK8TSJ7)

LONG

160

2.4900 EUR

USD 0.0001 common

Warrants  (ISIN  DE000MK9KFK9)

SHORT

330

5.0103 EUR

USD 0.0001 common

Warrants  (ISIN  DE000MK9KFP8)

SHORT

220

3.9409 EUR

 

(c)        Stock-settled derivative transactions (including options)

 

(i)         Writing, selling, purchasing or varying

 

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

USD 0.0001 common

CALL

WRITING

278.39

6075.9775

European

30/10/2030

436.6155 USD

USD 0.0001 common

CALL

PURCHASING

278.39

6075.9775

European

30/10/2030

436.6155 USD

USD 0.0001 common

CALL

PURCHASING

262.02

6082.0840

European

30/10/2029

407.3041 USD

USD 0.0001 common

CALL

WRITING

262.02

6082.0840

European

30/10/2029

407.3041 USD

USD 0.0001 common

CALL

WRITING

245.64

6082.0840

European

30/10/2028

370.0545 USD

USD 0.0001 common

CALL

PURCHASING

245.64

6082.0840

European

30/10/2028

370.0545 USD

USD 0.0001 common

CALL

WRITING

163.76

6124.8295

European

30/10/2026

219.2237 USD

USD 0.0001 common

CALL

PURCHASING

131.01

6082.0840

European

30/10/2026

238.1539 USD

USD 0.0001 common

CALL

PURCHASING

163.76

6124.8295

European

30/10/2026

219.2237 USD

USD 0.0001 common

CALL

WRITING

131.01

6082.0840

European

30/10/2026

238.1539 USD

USD 0.0001 common

CALL

WRITING

180.14

6082.0840

European

29/10/2027

317.5386 USD

USD 0.0001 common

CALL

WRITING

81.88

6124.8295

European

29/10/2027

297.9978 USD

USD 0.0001 common

CALL

PURCHASING

180.14

6082.0840

European

29/10/2027

317.5386 USD

USD 0.0001 common

CALL

PURCHASING

81.88

6124.8295

European

29/10/2027

297.9978 USD

USD 0.0001 common

CALL

PURCHASING

55,130

204.8417

European

25/11/2025

1.4030 USD

USD 0.0001 common

CALL

WRITING

55,130

204.8417

European

25/11/2025

1.4030 USD

 

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

N/A

N/A

N/A

N/A

N/A

 

(d)        Other dealings (including subscribing for new securities)

 

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

N/A

N/A

N/A

N/A

 

3.         OTHER INFORMATION

 

(a)        Indemnity and other dealing 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:

Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

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 or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

NONE

 

 

 

Date of disclosure:

05 November 2025

Contact name:

Claire Gordon

Telephone number:

+44 141 245-8893

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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