use strict;
my $str = 'This is a ~text~ to test the results of substitution of ^(text2). This is how it gets';
my $regex = qr~\~(.*)\~|\^\((.*)\)~p;
my $subst = '<sub>\\1\\2</sub>';
my $result = $str =~ s~$regex~$subst~rg;
print "The result of the substitution is' $result\n";
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for Perl, please visit: http://perldoc.perl.org/perlre.html