---
title: "REG - Morgan Stanley & Co. Alphawave IP Group - Form 8.5 (EPT/RI) - Alphawave IP Group plc"
description: "Morgan Stanley & Co. International plc disclosed its dealings in Alphawave IP Group plc securities under Rule 8.5 of the Takeover Code. On October 7, 2025, the firm made various purchases and sales of"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/260265635.md"
published_at: "2025-10-08T10:04:45.000Z"
---

# REG - Morgan Stanley & Co. Alphawave IP Group - Form 8.5 (EPT/RI) - Alphawave IP Group plc

> Morgan Stanley & Co. International plc disclosed its dealings in Alphawave IP Group plc securities under Rule 8.5 of the Takeover Code. On October 7, 2025, the firm made various purchases and sales of ordinary shares, including 141,325 shares sold at a highest price of 1.8890 GBP and 227,427 shares purchased at 1.8900 GBP. Additionally, cash-settled derivatives were used to increase and reduce positions. The disclosure was made on October 8, 2025, by Claire Gordon, with contact details provided for further inquiries.

RNS Number : 5769C Morgan Stanley & Co. Int'l plc 08 October 2025

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

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 dealing undertaken:

07 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 - Aqua Acquisition Sub LLC (an indirect wholly-owned subsidiary of Qualcomm Incorporated)

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

1p ordinary

SALES

141,325

1.8890 GBP

1.8797 GBP

1p ordinary

PURCHASES

227,427

1.8900 GBP

1.8780 GBP

1p ordinary

PURCHASES

148,005

2.5347 USD

2.5227 USD

1p ordinary

SALES

80,236

2.5347 USD

2.5226 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

1p ordinary

CFD

increasing a long position

2,199

1.8814 GBP

1p ordinary

CFD

increasing a long position

9,924

1.8844 GBP

1p ordinary

CFD

increasing a long position

1,822

1.8856 GBP

1p ordinary

CFD

increasing a long position

20,760

1.8869 GBP

1p ordinary

CFD

increasing a long position

2,223

1.8870 GBP

1p ordinary

CFD

increasing a short position

1,595

1.8808 GBP

1p ordinary

CFD

increasing a short position

929

1.8851 GBP

1p ordinary

CFD

increasing a short position

12,758

1.8864 GBP

1p ordinary

CFD

increasing a short position

2,551

1.8870 GBP

1p ordinary

CFD

increasing a short position

12,320

1.8877 GBP

1p ordinary

CFD

increasing a short position

45,036

1.8877 GBP

1p ordinary

CFD

increasing a short position

14,636

1.8877 GBP

1p ordinary

CFD

increasing a short position

67,769

2.5244 USD

1p ordinary

CFD

reducing a long position

1

1.8801 GBP

1p ordinary

CFD

reducing a long position

6,204

1.8823 GBP

1p ordinary

CFD

reducing a long position

860

1.8824 GBP

1p ordinary

CFD

reducing a long position

5,000

1.8824 GBP

1p ordinary

CFD

reducing a long position

4,368

1.8834 GBP

1p ordinary

CFD

reducing a long position

1,131

1.8842 GBP

1p ordinary

CFD

reducing a long position

3,807

1.8861 GBP

1p ordinary

CFD

reducing a long position

248

1.8864 GBP

1p ordinary

CFD

reducing a long position

48

1.8870 GBP

1p ordinary

CFD

reducing a long position

4,519

1.8871 GBP

1p ordinary

CFD

reducing a long position

1,534

1.8875 GBP

1p ordinary

CFD

reducing a long position

451

1.8888 GBP

1p ordinary

CFD

reducing a short position

108

1.8801 GBP

1p ordinary

CFD

reducing a short position

1,674

1.8812 GBP

1p ordinary

CFD

reducing a short position

212

1.8834 GBP

1p ordinary

CFD

reducing a short position

3,307

1.8834 GBP

1p ordinary

CFD

reducing a short position

9,364

1.8856 GBP

1p ordinary

CFD

reducing a short position

185

1.8859 GBP

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

(i) Writing, selling, purchasing or varying

Class of relevant security

N/A

Product description e.g. call option

N/A

Writing, purchasing, selling, varying etc.

N/A

Number of securities to which option relates

N/A

Exercise price per unit

N/A

Type

e.g. American, European etc.

N/A

Expiry date

N/A

Option money paid/ received per unit

N/A

(ii) Exercise

Class of relevant security

N/A

Product description

e.g. call option

N/A

Exercising/ exercised against

N/A

Number of securities

N/A

Exercise price per unit

N/A

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

Class of relevant security

N/A

Nature of dealing

e.g. subscription, conversion

N/A

Details

N/A

Price per unit (if applicable)

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:

08 October 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END FERFSDFSAEISESS

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.