TIDMAWE

RNS Number : 5096M

Alphawave IP Group PLC

23 May 2022

23 May 2022

ALPHAWAVE IP GROUP PLC (THE "COMPANY")

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 448,319 Ordinary Shares of GBP0.01 each in the capital of the Company at a price of GBP1.5962 per Ordinary Share. As a result of this purchase, Sutardja Family LLC's aggregate holding of shares in the Company is 84,754,517 Ordinary Shares, representing 12.66% 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          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                          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) 
                                               GBP1.5962              448,319 
     --------------------------------------  ---------------------  --------------------- 
 d)   Currency                                GBP 
     --------------------------------------  ---------------------  --------------------- 
 e)   Aggregated information 
       Aggregated Volume                        N/A - Single transaction 
       Price 
     --------------------------------------  -------------------------------------------- 
 f)   Date of the transaction                 23/05/2022 
     --------------------------------------  -------------------------------------------- 
 g)   Place of the transaction                London Stock Exchange (XLON) 
     --------------------------------------  -------------------------------------------- 
 

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END

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(END) Dow Jones Newswires

May 23, 2022 12:59 ET (16:59 GMT)

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