ALPHAWAVE IP GROUP PLC
Grant of awards to Persons Discharging Managerial Responsibilities (PDMR)
LONDON, United Kingdom and TORONTO, Ontario, Canada 23 October 2024 - Alphawave IP Group plc (LSE: AWE, the "Company" or "Alphawave Semi").
The following notifications are made under the UK Market Abuse Regulation ("MAR") relating to certain transactions by persons discharging managerial responsibilities ("PDMR") in the shares of the Company.
Grant of Awards
Awards of ordinary shares of £0.01 each in the capital of the Company were granted under the Alphawave IP Group plc Long Term Incentive Plan (the "LTIP") to a PDMR of the Company as follows:
PDMR: Rahul Mathur
| Award | Date of grant |
| 2,800,000 | 1 November 2023 |
| 99,706 | 1 May 2024 |
Vesting of the Awards is subject to continued employment. The shares shall vest as follows:
· On the first anniversary of the award date, 12/48ths of the shares subject to the award
· On the first anniversary of each month, starting with the first month beginning after the first anniversary of the award date and ending with the 36th such month, 1/48th of the shares subject to the award.
Reason: Recruitment & long term retention strategy, and in alignment with the initial offer of employment made to the PDMR in 2023. There have been no changes to the terms of this offer.
Kim Clear
Company Secretary
Email: cm-alphawave@linkgroup.co.uk
23 October 2024
LEI: 213800ZXTO21EU4VMH37
Notification of Deal Forms of the PDMR can be found below
23 October 2024
ALPHAWAVE IP GROUP PLC (THE "COMPANY")
Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them ("PCAs")
Disclosure in relation to award of ordinary shares
| 1 | Details of PDMR / PCA | ||
| a)
| Name(s) | Rahul Mathur | |
| 2 | Reason for the notification
| ||
| a) | Position/status | Chief Financial Officer - classified as PDMR | |
| b) | Initial notification/amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Alphawave IP Group plc | |
| b) | LEI | 213800ZXTO21EU4VMH37 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
| a) | Description of the financial instrument | Ordinary Shares of £0.01 each Identification code (ISIN): GB00BNDRMJ14 | |
| b) | Nature of the transaction | Award of Ordinary Shares in Alphawave IP Group plc | |
| c) | Price(s) and volume(s) | Price (s) Nil | Volume (s) 2,800,000 |
| d) | Currency | GBP | |
| e) | Aggregated information Aggregated Volume Price |
N/A - Single transaction | |
| f) | Date of the transaction | 01/11/2023 | |
| g) | Place of the transaction | Outside a trading venue | |
23 October 2024
ALPHAWAVE IP GROUP PLC (THE "COMPANY")
Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them ("PCAs")
Disclosure in relation to award of ordinary shares
| 1 | Details of PDMR / PCA
| ||
| a)
| Name(s) | Rahul Mathur | |
| 2 | Reason for the notification
| ||
| a) | Position/status | Chief Financial Officer - classified as PDMR
| |
| b) | Initial notification/amendment | Initial Notification
| |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
| a) | Name | Alphawave IP Group plc
| |
| b) | LEI | 213800ZXTO21EU4VMH37
| |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||
| a) | Description of the financial instrument
| Ordinary Shares of £0.01 each
Identification code (ISIN): GB00BNDRMJ14
| |
| b) | Nature of the transaction | Award of Ordinary Shares in Alphawave IP Group plc | |
| c) | Price(s) and volume(s) | Price (s) Nil | Volume (s) 99,706
|
| d) | Currency | GBP | |
| e) | Aggregated information
Aggregated Volume
Price
|
N/A - Single transaction | |
| f) | Date of the transaction | 01/05/2024
| |
| g) | Place of the transaction | Outside a trading venue
| |
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