Replacement: Director/PDMR Shareholding

RNS Number : 1761L

Alphawave IP Group PLC

11 May 2022

 

11 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 10 May 2022 (RNS Number 0026L) that Sehat Sutardja, Executive Director of the Company, purchased 500,000 Ordinary shares at a price of £1.2136 per share. These shares were instead purchased by Sutardja Family LLC, a PCA with Sehat Sutardja.

The correct PDMR/PCA is set out in the table 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

The following narrative has also been added: " The Company was notified that Sutardja Family LLC, a PCA with Sehat Sutardja, an Executive Director of the Company, purchased 500,000 Ordinary Shares of £0.01 each in the capital of the Company at a price of £1.2136 per Ordinary Share. As a result of this purchase, Sutardja Family LLC's aggregate holding of shares in the Company is 79,396,880 Ordinary Shares, representing 11.86% 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 500,000 Ordinary Shares of £0.01 each in the capital of the Company at a price of £1.2136 per Ordinary Share. As a result of this purchase, Sutardja Family LLC's aggregate holding of shares in the Company is 79,396,880 Ordinary Shares, representing 11.86% 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 the financial instrument	Ordinary Shares of £0.01 each Identification code (ISIN): GB00BNDRMJ14
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price (s) £1.2136	Volume (s) 500,000
d)	Currency	GBP
e)	Aggregated information Aggregated Volume Price	N/A - Single transaction
f)	Date of the transaction	09/05/2022
g)	Place of the transaction	London Stock Exchange (XLON)

 

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