ALPHAWAVE IP GROUP PLC
Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs")
LONDON, United Kingdom and TORONTO, Ontario, Canada, 8 August 2025 - Alphawave IP Group plc (LSE: AWE, the "Company" or "Alphawave Semi")
This notification sets out the details of previous grants of conditional awards over ordinary shares in the capital of the Company ("Ordinary Shares") granted under the Company's Long Term Incentive Plan to certain PDMRs as follows ("Awards").
| PDMR | Number of Ordinary Shares |
| Mohit Gupta (SVP & GM, IP and Custom Silicon)
| 270,701 |
| Babak Samimi (SVP & GM, Connectivity Products) | 206,500 |
Vesting of the Awards is subject to continued employment. The Awards will vest as follows:
· 1 May 2026: as to 12/48ths of the shares subject to the Award; and
· The first day of each month, starting with 1 June 2026, and ending with the 36th of such month: on each such date as to 1/48ths of the shares subject to the Award.
Full details are set out below.
MUFG Corporate Governance Limited
Company Secretary
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a) | Name
| Mohit Gupta | ||||
| 2 | Reason for the notification
| |||||
| a) | Position/status
| SVP & GM, IP and Custom Silicon - classified as a 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, type of instrument
Identification code
| Ordinary Shares of £0.01 each
Identification code (ISIN): GB00BNDRMJ14 | ||||
| b) | Nature of the transaction
| Grant of conditional awards over Ordinary Shares under the Company's Long Term Incentive Plan | ||||
| c) | Price(s) and volume(s) | | | | | |
| | | Price(s)
| Volume(s) | | ||
| | | Nil | 270,701 | | ||
| | | | | | ||
| d) | Aggregated information
- Aggregated volume
- Price |
N/A (single transaction)
| ||||
| e) | Date of the transaction
| 9 June 2025
| ||||
| f) | Place of the transaction | Outside a trading venue
| ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a) | Name
| Babak Samimi | ||||
| 2 | Reason for the notification
| |||||
| a) | Position/status
| SVP & GM, Connectivity Products - classified as a 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, type of instrument
Identification code
| Ordinary Shares of £0.01 each
Identification code (ISIN): GB00BNDRMJ14 | ||||
| b) | Nature of the transaction
| Grant of conditional awards over Ordinary Shares under the Company's Long Term Incentive Plan | ||||
| c) | Price(s) and volume(s) | | | | | |
| | | Price(s)
| Volume(s) | | ||
| | | Nil | 206,500 | | ||
| | | | | | ||
| d) | Aggregated information
- Aggregated volume
- Price |
N/A (single transaction)
| ||||
| e) | Date of the transaction
| 9 June 2025
| ||||
| f) | Place of the transaction | Outside a trading venue
| ||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.