Source - LSE Regulatory
RNS Number : 0711G
Goldman Sachs & Co. LLC
24 April 2025
 

 

FORM 8.5 (EPT/NON-RI)

 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

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

 

1.         KEY INFORMATION

 

(a) Name of exempt principal trader:

GOLDMAN SACHS & CO. LLC

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

     Use a separate form for each offeror/offeree

QUALCOMM INCORPORATED

(c) Name of the party to the offer with which exempt principal trader is connected:

ALPHAWAVE IP GROUP PLC

(d) Date position held/dealing undertaken:

     For an opening position disclosure, state the latest practicable date prior to the disclosure

23 April 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 the offer?

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

NO

 

2.         POSITIONS OF THE EXEMPT PRINCIPAL TRADER

 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

 

Class of relevant security:

 

USD 0.0001 common

 

Interests

Short positions

 

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

2,160,905.3

0.19

353,244.3

0.03

(2) Cash-settled derivatives:

1,967,901

0.17

197,985

0.01

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

253,162

0.02

651,654

0.05

 

     TOTAL:

4,381,968.3

0.38

1,202,883.3

0.09

 

 

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

(b)        Rights to subscribe for new securities (including directors' and other employee options)

 

Class of relevant security in relation to which subscription right exists:


Details, including nature of the rights concerned and relevant percentages:

 

 

3.         DEALINGS (IF ANY) 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 3(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

Purchases

931,645

143.7300 USD

139.7800 USD

USD 0.0001 common

Sales

1,121,723

143.8200 USD

139.7900 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

Reducing a long position

17

140.3876 USD

USD 0.0001 common

CFD

Increasing a long position

750

140.4590 USD

USD 0.0001 common

CFD

Opening a long position

21,769

140.4600 USD

USD 0.0001 common

CFD

Reducing a short position

6,229

140.5040 USD

USD 0.0001 common

CFD

Reducing a short position

3,818

140.5042 USD

USD 0.0001 common

CFD

Reducing a long position

1,318

140.5536 USD

USD 0.0001 common

CFD

Increasing a short position

853

140.6121 USD

USD 0.0001 common

CFD

Reducing a short position

2,380

140.7256 USD

USD 0.0001 common

CFD

Opening a short position

247

140.8120 USD

USD 0.0001 common

CFD

Increasing a short position

9

140.8476 USD

USD 0.0001 common

CFD

Increasing a short position

12

140.9954 USD

USD 0.0001 common

CFD

Increasing a short position

100

140.9954 USD

USD 0.0001 common

CFD

Reducing a short position

2,253

141.0895 USD

USD 0.0001 common

CFD

Reducing a short position

363

141.0912 USD

USD 0.0001 common

CFD

Reducing a short position

167

141.3133 USD

USD 0.0001 common

CFD

Reducing a short position

853

141.3353 USD

USD 0.0001 common

CFD

Reducing a short position

1,393

141.3353 USD

USD 0.0001 common

CFD

Reducing a long position

2,001

141.7361 USD

USD 0.0001 common

CFD

Reducing a long position

1,419

141.7361 USD

USD 0.0001 common

CFD

Increasing a short position

1,297

141.7961 USD

USD 0.0001 common

CFD

Reducing a short position

419

142.4707 USD

USD 0.0001 common

CFD

Opening a long position

1,539

142.4707 USD

USD 0.0001 common

CFD

Reducing a short position

256

142.4712 USD

USD 0.0001 common

CFD

Opening a long position

944

142.4712 USD

USD 0.0001 common

CFD

Reducing a short position

114

142.7585 USD

USD 0.0001 common

CFD

Reducing a short position

188

143.0009 USD

USD 0.0001 common

CFD

Opening a short position

2,380

143.2340 USD

 

 

(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

Put Option / (1.00 : 100.00)

Selling

26 (2,600)

130.0000 USD

AMERICAN

20/06/2025

4.5000 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

40 (4,000)

130.0000 USD

AMERICAN

18/06/2026

15.0500 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

28 (2,800)

130.0000 USD

AMERICAN

20/06/2025

4.5500 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

16 (1,600)

130.0000 USD

AMERICAN

18/06/2026

15.2000 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

13 (1,300)

130.0000 USD

AMERICAN

18/06/2026

15.2000 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

22 (2,200)

130.0000 USD

AMERICAN

18/06/2026

15.2000 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

2 (200)

130.0000 USD

AMERICAN

20/06/2025

4.5500 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

46 (4,600)

130.0000 USD

AMERICAN

18/06/2026

15.2000 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

38 (3,800)

130.0000 USD

AMERICAN

18/06/2026

15.0500 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

47 (4,700)

130.0000 USD

AMERICAN

20/06/2025

4.5500 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

16 (1,600)

130.0000 USD

AMERICAN

18/06/2026

15.0500 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

42 (4,200)

130.0000 USD

AMERICAN

20/06/2025

4.5500 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

39 (3,900)

130.0000 USD

AMERICAN

20/06/2025

4.5000 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

32 (3,200)

130.0000 USD

AMERICAN

20/06/2025

4.5500 USD

USD 0.0001 common

Put Option / (1.00 : 100.00)

Selling

2 (200)

130.0000 USD

AMERICAN

18/06/2026

15.2000 USD

 

 

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising / exercised against

Number of securities

Exercise price per unit






 

(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)


 

 



 

4.         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

 

 

(c)        Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

NO

 

 

Date of disclosure:

24 April 2025

Contact name:

Papa Lette and Andrzej Szyszka

Telephone number:

+33(1) 4212 1459 / +48(22) 317 4817

 

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 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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END
 
 
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