Last checked at 28 May 2021 07:01
POST-STABILISATION NOTICE
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR ANY JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE UNLAWFUL.
28 May 2021
Alphawave IP Group plcPost-Stabilisation Period Announcement
Further to the pre-stabilisation period announcement dated 13 May 2021, Barclays Capital Securities Limited (Contact: Ben Newmark; Telephone: +44 20 3134 8574) hereby gives notice that the Stabilising Manager named below and its affiliates undertook stabilisation in accordance with the relevant provisions of the Market Abuse Regulation (EU) No 596/2014 (as it forms part of retained EU law as defined in the European Union (Withdrawal) Act 2018) and Commission Delegated Regulation (EU) 2016/1052 (as it forms part of retained EU law as defined in the European Union (Withdrawal) Act 2018.
The securities | |||||||
Issuer | Alphawave IP Group plc | ||||||
Securities | Ordinary Shares of £1 each | ||||||
ISIN | GB00BNDRMJ14 | ||||||
Offering Size | 208,695,652 Ordinary Shares excluding the over-allotment option | ||||||
Description | Initial Public Offering of Ordinary Shares | ||||||
Offer price | 410 pence per Ordinary Share | ||||||
Stabilising Manager | Barclays Capital Securities Limited, 5 The North Colonnade, Canary Wharf, London E14 4BB | ||||||
Stabilisation started on: | 13 May 2021 | ||||||
Stablisation last occurred on: | 27 May 2021 | ||||||
Stabilisation Trading Venue(s): | London Stock Exchange | ||||||
Stabilisation transactions: For each of the dates during which stabilisation transactions were carried out, the price range was as follows: | |||||||
Execution Date | Aggregate Quantity of Shares | Buy / Sell | Lowest Price | Highest Price | Currency | Trading Venue | |
13 May 2021 | 15,652,174 | Buy | 320.00 | 410.00 | GBp | London Stock Exchange | |
14 May 2021 | 2,474,118 | Buy | 358.00 | 386.75 | GBp | London Stock Exchange | |
17 May 2021 | 4,300,000 | Buy | 362.00 | 380.30 | GBp | London Stock Exchange | |
18 May 2021 | 3,000,000 | Buy | 335.00 | 372.00 | GBp | London Stock Exchange | |
19 May 2021 | 1,842,578 | Buy | 322.60 | 337.65 | GBp | London Stock Exchange | |
20 May 2021 | 819,344 | Buy | 324.00 | 340.00 | GBp | London Stock Exchange | |
21 May 2021 | 1,250,000 | Buy | 322.00 | 335.00 | GBp | London Stock Exchange | |
24 May 2021 | 591,942 | Buy | 323.50 | 328.00 | GBp | London Stock Exchange | |
25 May 2021 | 850,000 | Buy | 310.00 | 327.50 | GBp | London Stock Exchange | |
26 May 2021 | 424,192 | Buy | 288.00 | 318.00 | GBp | London Stock Exchange | |
27 May 2021 | 100,000 | Buy | 298.50 | 307.00 | GBp | London Stock Exchange | |
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.
In the United Kingdom, this announcement is being distributed only to, and is directed only at, persons who: (A) (i) are "investment professionals" specified in Article 19(5) of the Financial Services and Markets Act (Financial Promotion) Order 2005 (the "Order") and/or (ii) fall within Article 49(2)(a) to (d) of the Order (and only where the conditions contained in those Articles have been, or will at the relevant time be, satisfied); and (B) are "qualified investors" within the meaning of Article 2 of the Prospectus Regulation (Regulation (EU) 2017/1129) as it forms part of retained EU law as defined in the EU (Withdrawal) Act 2018 (all such persons together being referred to as "Relevant Persons").
In any member state of the European Economic Area ("EEA") (each, a "Relevant Member State"), this announcement and any offer if made subsequently is, and will be, directed only at persons who are "qualified investors" ("Qualified Investors") within the meaning of the Prospectus Regulation (Regulation (EU) 2017/1129).
This announcement must not be acted on or relied on (i) in the United Kingdom, by persons who are not Relevant Persons, and (ii) in any member state of the EEA, by persons who are not Qualified Investors. Any investment or investment activity to which this announcement relates is available only to: (i) in the United Kingdom, Relevant Persons; and (ii) in any member state of the EEA, Qualified Investors, and will be engaged in only with such persons.
This announcement does not constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase any securities in the United States or any other jurisdiction. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933 as amended (the "Securities Act") and may not be offered or sold in the United States except to "qualified institutional buyers" as defined in, and in reliance on, Rule 144A under the Securities Act or another exemption from, or transaction not subject to, the registration requirements of the Securities Act. All offers and sales of securities outside of the United States will be made in reliance on, and in compliance with, Regulation S under the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States.
Barclays Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority, is acting for the Issuer only in connection with the offer and will not be responsible to anyone other than the Issuer for providing the protections offered to clients of Barclays Bank PLC, nor for providing advice in relation to the offer or any matters referred to in this communication.