TIDMAWE

RNS Number : 4857L

Alphawave IP Group PLC

13 May 2022

13 May 2022

ALPHAWAVE IP GROUP PLC (THE "COMPANY")

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

The Company incorrectly announced on 11 May 2022 (RNS No 1772L) that Sutardja Family LLC, a PCA with Sehat Sutardja, purchased 2,500,000 Ordinary shares at a price of GBP1.3192 per share. These shares were instead purchased at a price of GBP1.3121 per share.

The correct price is set out in the table below:

 
 c)   Price(s) and volume(s)   Price (s)     Volume (s) 
                                GBP1.3121    2,500,000 
 

The share price in the narrative has also been updated as follows: " The Company was notified that Sutardja Family LLC, a PCA with Sehat Sutardja, an Executive Director of the Company, purchased 2,500,000 Ordinary Shares of GBP0.01 each in the capital of the Company at a price of GBP1.3121 per Ordinary Share. As a result of this purchase, Sutardja Family LLC's aggregate holding of shares in the Company is 81,896,880 Ordinary Shares, representing 12.23% of the Company's issued share capital. Full details are set out below."

All other details remain unchanged.

The full amended text is shown below.

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

The Company was notified that Sutardja Family LLC, a PCA with Sehat Sutardja, an Executive Director of the Company, purchased 2,500,000 Ordinary Shares of GBP0.01 each in the capital of the Company at a price of GBP1.3121 per Ordinary Share. As a result of this purchase, Sutardja Family LLC's aggregate holding of shares in the Company is 81,896,880 Ordinary Shares, representing 12.23% of the Company's issued share capital. Full details are set out below.

 
 1    Details of PDMR / PCA 
 a)   Name(s)                                 Sutardja Family LLC 
     --------------------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------------------ 
 a)   Position/status                         Person closely associated with Sehat 
                                               Sutardja 
     --------------------------------------  -------------------------------------------- 
 b)   Initial notification/amendment          Amendment 
     --------------------------------------  -------------------------------------------- 
 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                          Ordinary Shares of GBP0.01 each 
       the financial instrument                Identification code (ISIN): GB00BNDRMJ14 
     --------------------------------------  -------------------------------------------- 
 b)   Nature of the transaction               Purchase of shares 
     --------------------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)                   Price (s)              Volume (s) 
                                               GBP1.3121              2,500,000 
     --------------------------------------  ---------------------  --------------------- 
 d)   Currency                                GBP 
     --------------------------------------  ---------------------  --------------------- 
 e)   Aggregated information 
       Aggregated Volume                        N/A - Single transaction 
       Price 
     --------------------------------------  -------------------------------------------- 
 f)   Date of the transaction                 10/05/2022 
     --------------------------------------  -------------------------------------------- 
 g)   Place of the transaction                London Stock Exchange (XLON) 
     --------------------------------------  -------------------------------------------- 
 

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END

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May 13, 2022 08:28 ET (12:28 GMT)

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