TIDMAWE

RNS Number : 1115A

Barclays Capital Securities Limited

28 May 2021

POST-STABILISATION NOTICE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR ANY JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE UNLAWFUL.

28 May 2021

Alphawave IP Group plc

Post-Stabilisation Period Announcement

Further to the pre-stabilisation period announcement dated 13 May 2021, Barclays Capital Securities Limited (Contact: Ben Newmark; Telephone: +44 20 3134 8574) hereby gives notice that the Stabilising Manager named below and its affiliates undertook stabilisation in accordance with the relevant provisions of the Market Abuse Regulation (EU) No 596/2014 (as it forms part of retained EU law as defined in the European Union (Withdrawal) Act 2018) and Commission Delegated Regulation (EU) 2016/1052 (as it forms part of retained EU law as defined in the European Union (Withdrawal) Act 2018.

 
  The securities 
 Issuer                            Alphawave IP Group plc 
                                  ----------------------------------------------------- 
 Securities                        Ordinary Shares of GBP1 each 
                                  ----------------------------------------------------- 
 ISIN                              GB00BNDRMJ14 
                                  ----------------------------------------------------- 
 Offering Size                     208,695,652 Ordinary Shares excluding the 
                                    over-allotment option 
                                  ----------------------------------------------------- 
 Description                       Initial Public Offering of Ordinary Shares 
                                  ----------------------------------------------------- 
 Offer price                       410 pence per Ordinary Share 
                                  ----------------------------------------------------- 
 Stabilising Manager               Barclays Capital Securities Limited, 5 The 
                                    North Colonnade, Canary Wharf, London E14 
                                    4BB 
                                  ----------------------------------------------------- 
 Stabilisation started             13 May 2021 
  on: 
                                  ----------------------------------------------------- 
 Stablisation last occurred        27 May 2021 
  on: 
                                  ----------------------------------------------------- 
 Stabilisation Trading             London Stock Exchange 
  Venue(s): 
                                  ----------------------------------------------------- 
 
   Stabilisation transactions: 
   For each of the dates during which stabilisation transactions were 
   carried out, the price range was as follows: 
 Execution    Aggregate    Buy /   Lowest   Highest   Currency   Trading Venue 
    Date       Quantity     Sell    Price    Price 
               of Shares 
             -----------  ------  -------  --------  ---------  ----------------------- 
     13 May 
       2021   15,652,174    Buy    320.00   410.00      GBp      London Stock Exchange 
             -----------  ------  -------  --------  ---------  ----------------------- 
     14 May 
       2021    2,474,118    Buy    358.00   386.75      GBp      London Stock Exchange 
             -----------  ------  -------  --------  ---------  ----------------------- 
     17 May 
       2021    4,300,000    Buy    362.00   380.30      GBp      London Stock Exchange 
             -----------  ------  -------  --------  ---------  ----------------------- 
     18 May 
       2021    3,000,000    Buy    335.00   372.00      GBp      London Stock Exchange 
             -----------  ------  -------  --------  ---------  ----------------------- 
     19 May 
       2021    1,842,578    Buy    322.60   337.65      GBp      London Stock Exchange 
             -----------  ------  -------  --------  ---------  ----------------------- 
     20 May 
       2021      819,344    Buy    324.00   340.00      GBp      London Stock Exchange 
             -----------  ------  -------  --------  ---------  ----------------------- 
     21 May 
       2021    1,250,000    Buy    322.00   335.00      GBp      London Stock Exchange 
             -----------  ------  -------  --------  ---------  ----------------------- 
     24 May 
       2021      591,942    Buy    323.50   328.00      GBp      London Stock Exchange 
             -----------  ------  -------  --------  ---------  ----------------------- 
     25 May 
       2021      850,000    Buy    310.00   327.50      GBp      London Stock Exchange 
             -----------  ------  -------  --------  ---------  ----------------------- 
     26 May 
       2021      424,192    Buy    288.00   318.00      GBp      London Stock Exchange 
             -----------  ------  -------  --------  ---------  ----------------------- 
     27 May 
       2021      100,000    Buy    298.50   307.00      GBp      London Stock Exchange 
             -----------  ------  -------  --------  ---------  ----------------------- 
 
 

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

In the United Kingdom, this announcement is being distributed only to, and is directed only at, persons who: (A) (i) are "investment professionals" specified in Article 19(5) of the Financial Services and Markets Act (Financial Promotion) Order 2005 (the "Order") and/or (ii) fall within Article 49(2)(a) to (d) of the Order (and only where the conditions contained in those Articles have been, or will at the relevant time be, satisfied); and (B) are "qualified investors" within the meaning of Article 2 of the Prospectus Regulation (Regulation (EU) 2017/1129) as it forms part of retained EU law as defined in the EU (Withdrawal) Act 2018 (all such persons together being referred to as "Relevant Persons").

In any member state of the European Economic Area ("EEA") (each, a "Relevant Member State"), this announcement and any offer if made subsequently is, and will be, directed only at persons who are "qualified investors" ("Qualified Investors") within the meaning of the Prospectus Regulation (Regulation (EU) 2017/1129).

This announcement must not be acted on or relied on (i) in the United Kingdom, by persons who are not Relevant Persons, and (ii) in any member state of the EEA, by persons who are not Qualified Investors. Any investment or investment activity to which this announcement relates is available only to: (i) in the United Kingdom, Relevant Persons; and (ii) in any member state of the EEA, Qualified Investors, and will be engaged in only with such persons.

This announcement does not constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase any securities in the United States or any other jurisdiction. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933 as amended (the "Securities Act") and may not be offered or sold in the United States except to "qualified institutional buyers" as defined in, and in reliance on, Rule 144A under the Securities Act or another exemption from, or transaction not subject to, the registration requirements of the Securities Act. All offers and sales of securities outside of the United States will be made in reliance on, and in compliance with, Regulation S under the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States.

Barclays Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority, is acting for the Issuer only in connection with the offer and will not be responsible to anyone other than the Issuer for providing the protections offered to clients of Barclays Bank PLC, nor for providing advice in relation to the offer or any matters referred to in this communication.

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END

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May 28, 2021 02:01 ET (06:01 GMT)

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