Fredag 22 November | 19:15:01 Europe / Stockholm

2024-11-05 17:44:48

5 November 2024

ALPHAWAVE IP GROUP PLC ("Alphawave" or the "Company")

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them ("PCAs")

This notification sets out details of the vesting of awards over ordinary shares in Alphawave granted to Rahul Mathur on 1 November 2023 under the Company's Long Term Incentive Plan following satisfaction of the relevant vesting criteria. As a result, his total shareholding in the Company is 700,000 shares and his PCAs hold a further 100,000 shares, with the aggregate holding of 800,000 ordinary shares representing 0.10% of the Company's issued share capital.  Full details are set out below.

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

Vesting of awards over ordinary shares in Alphawave IP Group plc

c)

Price(s) and volume(s)

Price (s)

nil

Volume (s)

700,000

d)

Aggregated information

Aggregated Volume

Price

N/A - Single transaction

e)

Date of the transaction

1 November 2024

f)

Place of the transaction

Off market transaction