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RNS Number : 3331I

Alphawave IP Group PLC

14 April 2022

CONTAINS INSIDE INFORMATION

Reporting Update

Alphawave to Report Full Year 2021 Results and Q1 2022 Trading Update on 29 April 2022

LONDON, United Kingdom and TORONTO, Ontario, Canada, 14 April, 2022 - Alphawave IP (LN:AWE, 'the Company'), a global leader in high-speed connectivity for the world's technology infrastructure announces that it will be reporting its full year results on 29 April 2022. The results will also include a trading update for the first quarter of 2022. The 29 April 2022 reporting date represents a short one-week delay and further delays are not expected.

Due to COVID-related staff absences, the Company's auditor, KPMG LLP, has requested additional time to finalise their procedures .

About Alphawave IP Group plc (LSE:AWE)

Faced with the exponential growth of data, Alphawave IP's technology services a critical need: enabling data to travel faster, more reliably and with higher performance at lower power. Alphawave IP is a global leader in high-speed connectivity for the world's technology infrastructure. Our IP solutions meet the needs of global tier-one customers in data centers, compute, networking, AI, 5G, autonomous vehicles, and storage. Founded in Toronto, Canada in 2017, by an expert technical team with a proven track record in licensing semiconductor IP, our mission is to focus on the hardest-to-solve connectivity challenges. To find out more about Alphawave IP, visit: awaveip.com

Related Party Disclosures

KPMG LLP is not a related party of Alphawave IP. All related parties in this press release have been previously disclosed.

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Contact Information:

 
 Alphawave IP Group   John Lofton Holt, Executive                 ir@awaveip.com 
  plc                  Chairman                             +44 (0) 20 7717 5877 
                       Daniel Aharoni, CFO 
-------------------  ----------------------------  ----------------------------- 
 Brunswick Group      Simone Selzer                 alphawave@brunswickgroup.com 
                       Daniel Holgersson                    +44 (0) 20 7404 5959 
===================  ============================  =============================

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April 14, 2022 02:00 ET (06:00 GMT)

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