Alphawave IP Group PLC Nominal Value Reduction (3177T)

TIDMAWE

RNS Number : 3177T

Alphawave IP Group PLC

23 November 2021

23 November 2021

ALPHAWAVE IP GROUP PLC

NOMINAL VALUE REDUCTION

As approved by the IPO Committee of the Board on 12 May 2021 and the High Courts of Justice, Business and Property Court of England and Wales, Alphawave IP Group plc (the "Company") confirms that the nominal value of the Company's Ordinary Shares reduced from GBP1.00 to GBP0.01 on 17 November 2021

The Company's issued share capital is unchanged, and each shareholder's proportionate interest in the share capital of the Company will remain unchanged. Shareholders should continue to use the figure of 664,965,934 ordinary shares of GBP0.01 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the DTRs. Aside from the change in nominal value, the rights attaching to the Ordinary Shares (including voting and dividend rights and rights on a return of capital) will remain unchanged.

-Ends-

Contact:

Link Company Matters Limited - Company Secretary

[e-mail]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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.

END

MSCUOAVRASUAUAA

(END) Dow Jones Newswires

November 23, 2021 10:24 ET (15:24 GMT)