Source - LSE Regulatory
RNS Number : 6742K
BNP Paribas London
08 December 2025
 

FORM 8.3

 

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

(a) Full name of discloser:

BNP Paribas SA

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

     The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.


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

     Use a separate form for each offeror/offeree

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

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:


(e) Date position held/dealing undertaken:

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

05/12/2025

(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

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

Yes

If YES, specify which:

Alphawave IP Group plc

 

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

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(c), 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:

 

US7475251036 (USD 0.0001 common)

 

 

Interests

Short positions

 

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

5,280,263

0.4946

-4,206,662

-0.3940

(2) Cash-settled derivatives:

701,920

0.0657

-250,299

-0.0234

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

1,307,300

0.1225

-1,942,682

-0.1820

TOTAL:

7,289,483

0.6828

-6,399,643

-0.5994

 

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 PERSON MAKING THE DISCLOSURE

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), 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

Purchase/sale

 

Number of securities

Price per unit

US7475251036

Purchase

1

174.7400 USD

US7475251036

Purchase

1

175.1400 USD

US7475251036

Purchase

1

175.8200 USD

US7475251036

Purchase

1

176.9950 USD

US7475251036

Purchase

1

176.9950 USD

US7475251036

Purchase

2

176.3550 USD

US7475251036

Purchase

4

175.7450 USD

US7475251036

Purchase

4

175.7450 USD

US7475251036

Purchase

4

176.1000 USD

US7475251036

Purchase

5

176.2200 USD

US7475251036

Purchase

7

176.0400 USD

US7475251036

Purchase

7

176.3400 USD

US7475251036

Purchase

9

176.3600 USD

US7475251036

Purchase

10

176.0800 USD

US7475251036

Purchase

11

175.6600 USD

US7475251036

Purchase

13

176.3700 USD

US7475251036

Purchase

14

176.3800 USD

US7475251036

Purchase

15

176.1100 USD

US7475251036

Purchase

16

174.8100 USD

US7475251036

Purchase

18

176.2000 USD

US7475251036

Purchase

19

176.2900 USD

US7475251036

Purchase

20

176.2100 USD

US7475251036

Purchase

26

176.3700 USD

US7475251036

Purchase

29

175.9800 USD

US7475251036

Purchase

33

176.0200 USD

US7475251036

Purchase

36

175.0150 USD

US7475251036

Purchase

36

175.6600 USD

US7475251036

Purchase

39

175.3900 USD

US7475251036

Purchase

40

176.0000 USD

US7475251036

Purchase

40

176.0200 USD

US7475251036

Purchase

41

176.2100 USD

US7475251036

Purchase

41

176.2300 USD

US7475251036

Purchase

78

176.4700 USD

US7475251036

Purchase

81

176.3550 USD

US7475251036

Purchase

100

175.1500 USD

US7475251036

Purchase

100

175.5000 USD

US7475251036

Purchase

100

176.0500 USD

US7475251036

Purchase

100

176.0500 USD

US7475251036

Purchase

100

176.5900 USD

US7475251036

Purchase

181

176.2900 USD

US7475251036

Purchase

200

176.5400 USD

US7475251036

Purchase

744

174.8100 USD

US7475251036

Purchase

948

175.1600 USD

US7475251036

Purchase

4,341

175.7447 USD

US7475251036

Purchase

9,228

174.8100 USD

US7475251036

Purchase

24,613

174.8100 USD

US7475251036

Purchase

45,324

174.8100 USD

US7475251036

Purchase

163,056

174.8100 USD

US7475251036

Purchase

163,800

174.8100 USD

US7475251036

Sale

-555,436

174.3500 USD

US7475251036

Sale

-396,510

174.3500 USD

US7475251036

Sale

-335,096

174.3500 USD

US7475251036

Sale

-269,655

174.3500 USD

US7475251036

Sale

-267,542

174.3500 USD

US7475251036

Sale

-243,352

174.3500 USD

US7475251036

Sale

-205,913

174.3500 USD

US7475251036

Sale

-163,800

174.8100 USD

US7475251036

Sale

-163,800

174.8100 USD

US7475251036

Sale

-113,275

174.3500 USD

US7475251036

Sale

-45,543

174.3500 USD

US7475251036

Sale

-4,155

175.3655 USD

US7475251036

Sale

-3,324

174.8100 USD

US7475251036

Sale

-2,501

174.7400 USD

US7475251036

Sale

-1,582

175.8395 USD

US7475251036

Sale

-922

174.8100 USD

US7475251036

Sale

-720

174.8100 USD

US7475251036

Sale

-183

175.7800 USD

US7475251036

Sale

-122

174.8100 USD

US7475251036

Sale

-110

176.5018 USD

US7475251036

Sale

-108

176.4100 USD

US7475251036

Sale

-85

176.1460 USD

US7475251036

Sale

-73

174.8100 USD

US7475251036

Sale

-33

176.3300 USD

US7475251036

Sale

-32

176.2100 USD

US7475251036

Sale

-28

174.8100 USD

US7475251036

Sale

-26

174.8100 USD

US7475251036

Sale

-18

176.0600 USD

US7475251036

Sale

-18

176.3200 USD

US7475251036

Sale

-7

176.0500 USD

US7475251036

Sale

-5

174.8100 USD

US7475251036

Sale

-5

176.3000 USD

US7475251036

Sale

-1

174.8100 USD

US7475251036

Sale

-1

174.8100 USD

US7475251036

Sale

-1

175.8600 USD

US7475251036

Sale

-1

176.3100 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

US7475251036

Contract for Difference

Opening Long Position

110

174.8100 USD

US7475251036

Contract for Difference

Closing Short Position

1,582

174.8100 USD

US7475251036

Contract for Difference

Increasing Long Position

3,324

174.8100 USD

US7475251036

Equity Linked Note

Increasing Long Position

4,636

.2800 USD

US7475251036

Contract for Difference

Increasing Short Position

-4,341

174.8100 USD

US7475251036

Equity Linked Note

Reducing Long Position

-3,000

.9700 USD

US7475251036

Equity Linked Note

Reducing Long Position

-1,636

.9700 USD

US7475251036

Equity Linked Note

Reducing Long Position

-106

47.0500 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

US7475251036

Long Call Option

Increasing Long Position

1

2.4500 USD

american

18/09/2026


US7475251036

Long Call Option

Increasing Long Position

1

2.5100 USD

american

18/09/2026


US7475251036

Long Call Option

Increasing Long Position

1

5.7000 USD

american

18/09/2026


US7475251036

Long Call Option

Increasing Long Position

1

5.7500 USD

american

18/09/2026


US7475251036

Long Call Option

Increasing Long Position

1

11.2500 USD

american

18/09/2026


US7475251036

Long Call Option

Increasing Long Position

1

11.3000 USD

american

18/09/2026


US7475251036

Long Put Option

Increasing Long Position

1

3.5500 USD

american

18/09/2026


US7475251036

Long Put Option

Increasing Long Position

1

3.6000 USD

american

18/09/2026


US7475251036

Long Put Option

Increasing Long Position

1

11.4800 USD

american

18/09/2026


US7475251036

Long Put Option

Increasing Long Position

1

11.5000 USD

american

18/09/2026


US7475251036

Long Put Option

Increasing Long Position

1

19.8500 USD

american

18/09/2026


US7475251036

Long Put Option

Increasing Long Position

1

19.8500 USD

american

18/09/2026


US7475251036

Long Put Option

Increasing Long Position

2

3.5500 USD

american

18/09/2026


US7475251036

Long Put Option

Increasing Long Position

2

5.9900 USD

american

18/09/2026


US7475251036

Long Put Option

Increasing Long Position

2

6.1000 USD

american

18/09/2026


US7475251036

Long Put Option

Increasing Long Position

2

19.8500 USD

american

18/09/2026


US7475251036

Long Put Option

Reducing Long Position

-820

19.8500 USD

american

18/09/2026


 

(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 person 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 person 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?

Yes

 

 

Date of disclosure:

08/12/2025

Contact name:

Compliance Control Room

Telephone number*:

0207 595 9695

 

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.

 

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

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