Alphawave IP Group (AWE)

Sector:

IT Hardware

144.90p
   
  • Change Today:
    -1.70p
  • 52 Week High: 156.40
  • 52 Week Low: 84.00
  • Currency: UK Pounds
  • Shares Issued: 763.42m
  • Volume: 1,504,694
  • Market Cap: £1,106.20m

Alphawave extends Qualcomm PUSU deadline for second time

By Benjamin Chiou

Date: Monday 12 May 2025

LONDON (ShareCast) - (Sharecast News) - UK-listed tech group Alphawave has confirmed that it is still engaged in talks with semiconductor giant Qualcomm about a possible takeover as the takeover panel extended the 'put up or shut up' deadline by two weeks.
Qualcomm first announced on 1 April that it was considering making an offer for Alphawave, which designs high-speed connectivity solutions for data centers, autonomous vehicles and 5G wireless infrastructure.

After extending the takeover deadline - by which Qualcomm is required either to announce a firm intention to make an offer or walk away - from 29 April to 12 May, Alphawave said the cutoff time has again been moved to 27 May.

"This deadline can be extended by the board of Alphawave with the consent of the Takeover Panel, in accordance with Rule 2.6(c) of the Code," Alphawave said on Monday.

"There can be no certainty that a firm offer will be made, nor as to the terms on which it will be made. A further announcement will be made as and when appropriate."

Alphawave shares have risen 41% since the start of April, settling at 131.93p on Friday.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

AWE Market Data

Currency UK Pounds
Share Price 144.90p
Change Today -1.70p
% Change -1.16 %
52 Week High 156.40
52 Week Low 84.00
Volume 1,504,694
Shares Issued 763.42m
Market Cap £1,106.20m

AWE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.08% below the market average91.08% below the market average91.08% below the market average91.08% below the market average91.08% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average
Price Trend
64.51% above the market average64.51% above the market average64.51% above the market average64.51% above the market average64.51% above the market average
76.00% above the sector average76.00% above the sector average76.00% above the sector average76.00% above the sector average76.00% above the sector average
Income Not Available
Growth
48.48% above the market average48.48% above the market average48.48% above the market average48.48% above the market average48.48% above the market average
Sector averageSector averageSector averageSector averageSector average

AWE Dividends

No dividends found

Trades for 28-May-2025

Time Volume / Share Price
16:35 141,897 @ 144.90p
16:35 27 @ 144.90p
16:35 21 @ 144.90p
16:35 762 @ 144.90p
16:35 3,045 @ 144.90p

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