RNS Number : 3764J
Alphawave IP Group PLC
23 October 2024
 

Logo Description automatically generated

 

ALPHAWAVE IP GROUP PLC

 

Grant of awards to Persons Discharging Managerial Responsibilities (PDMR)

LONDON, United Kingdom and TORONTO, Ontario, Canada 23 October 2024 - Alphawave IP Group plc (LSE: AWE, the "Company" or "Alphawave Semi").

The following notifications are made under the UK Market Abuse Regulation ("MAR") relating to certain transactions by persons discharging managerial responsibilities ("PDMR") in the shares of the Company.

Grant of Awards 

Awards of ordinary shares of £0.01 each in the capital of the Company were granted under the Alphawave IP Group plc Long Term Incentive Plan (the "LTIP") to a PDMR of the Company as follows:

PDMR: Rahul Mathur

 

Award

Date of grant

2,800,000

1 November 2023

99,706

1 May 2024

Vesting of the Awards is subject to continued employment. The shares shall vest as follows:

·      On the first anniversary of the award date, 12/48ths of the shares subject to the award

·      On the first anniversary of each month, starting with the first month beginning after the first anniversary of the award date and ending with the 36th such month, 1/48th of the shares subject to the award.

Reason: Recruitment & long term retention strategy, and in alignment with the initial offer of employment made to the PDMR in 2023.  There have been no changes to the terms of this offer.

 

 

Kim Clear

Company Secretary

Email: cm-alphawave@linkgroup.co.uk

 

23 October 2024

 

LEI: 213800ZXTO21EU4VMH37

 

Notification of Deal Forms of the PDMR can be found below

 

 

 

23 October 2024

ALPHAWAVE IP GROUP PLC (THE "COMPANY")

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

 

Disclosure in relation to award of ordinary shares

 

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

Award of Ordinary Shares in Alphawave IP Group plc

c)

Price(s) and volume(s)

Price (s)

Nil

Volume (s)

2,800,000

d)

Currency

GBP


e)

Aggregated information

Aggregated Volume

Price

 

N/A - Single transaction

f)

Date of the transaction

01/11/2023

g)

Place of the transaction

Outside a trading venue

 

 

23 October 2024

 

ALPHAWAVE IP GROUP PLC (THE "COMPANY")

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

 

Disclosure in relation to award of ordinary shares

 

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

Award of Ordinary Shares in Alphawave IP Group plc

c)

Price(s) and volume(s)

Price (s)

Nil

Volume (s)

99,706

 

d)

Currency

GBP


e)

Aggregated information

 

Aggregated Volume

 

Price

 

 

N/A - Single transaction

f)

Date of the transaction

01/05/2024

 

g)

Place of the transaction

Outside a trading venue

 

 

 

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