Form 8.3 - Ultra Electronics Holdings plc

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

ULTRA ELECTRONICS HOLDINGS PLC

relevant securities this form relates:

(d)

If an exempt fund manager connected with an

offeror/offeree, state this and specify identity of

offeror/offeree:

(e)

Date position held/dealing undertaken:

25 April 2022

(f)

In addition to the company in 1(c) above, is the discloser making

NO

disclosures in respect of any other party to the offer?

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing (if any)

Class of relevant security:

5p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

1,639,871

2.29%

17,672

0.02%

(2)

Cash-settled derivatives:

2,000

0.00%

1,275,837

1.79%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,641,871

2.30%

1,293,509

1.81%

(b)

Rights to subscribe for new securities (including directors and other executive

options)

Class of relevant security in relation to

which subscription right exists

Details, including nature of the rights

concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

5p ordinary

Purchase

134

31.5800 GBP

5p ordinary

Purchase

143

31.7200 GBP

5p ordinary

Purchase

509

31.5400 GBP

5p ordinary

Purchase

565

31.5836 GBP

5p ordinary

Purchase

618

31.5682 GBP

5p ordinary

Purchase

681

31.5597 GBP

5p ordinary

Purchase

847

31.5879 GBP

5p ordinary

Purchase

1,151

31.5739 GBP

5p ordinary

Purchase

3,154

31.5907 GBP

5p ordinary

Purchase

6,236

31.5600 GBP

5p ordinary

Purchase

8,563

31.5643 GBP

5p ordinary

Purchase

9,857

31.7400 GBP

5p ordinary

Purchase

11,173

31.5745 GBP

5p ordinary

Sale

24

31.8000 GBP

5p ordinary

Sale

25

31.6600 GBP

5p ordinary

Sale

133

31.7502 GBP

5p ordinary

Sale

410

31.5177 GBP

5p ordinary

Sale

463

31.5336 GBP

5p ordinary

Sale

509

31.5400 GBP

5p ordinary

Sale

631

31.6051 GBP

5p ordinary

Sale

747

31.5562 GBP

5p ordinary

Sale

1,028

31.5533 GBP

5p ordinary

Sale

1,429

31.5549 GBP

5p ordinary

Sale

3,167

31.9991 GBP

5p ordinary

Sale

6,964

31.5607 GBP

5p ordinary

Sale

7,985

31.5925 GBP

5p ordinary

Sale

18,406

31.5450 GBP

5p ordinary

Sale

20,000

31.5642 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

5p ordinary

 SWAP

Long

6

31.6200 GBP

5p ordinary

 CFD

Long

36

31.7972 GBP

5p ordinary

 SWAP

Long

172

31.5225 GBP

5p ordinary

 SWAP

Long

218

31.5435 GBP

5p ordinary

 SWAP

Long

238

31.5142 GBP

5p ordinary

 SWAP

Long

245

31.5249 GBP

5p ordinary

 SWAP

Long

255

31.5497 GBP

5p ordinary

 SWAP

Long

282

31.5747 GBP

5p ordinary

 SWAP

Long

347

31.5437 GBP

5p ordinary

 SWAP

Long

420

31.5527 GBP

5p ordinary

 SWAP

Long

631

31.6051 GBP

5p ordinary

 SWAP

Long

928

31.5549 GBP

5p ordinary

 SWAP

Long

2,514

31.6027 GBP

5p ordinary

 SWAP

Long

3,167

31.9991 GBP

5p ordinary

 SWAP

Long

3,289

31.5584 GBP

5p ordinary

 SWAP

Long

4,128

31.5599 GBP

5p ordinary

 SWAP

Long

7,516

31.5342 GBP

5p ordinary

 SWAP

Long

9,520

31.5413 GBP

5p ordinary

 SWAP

Short

9

31.6200 GBP

5p ordinary

 SWAP

Short

11

31.6000 GBP

5p ordinary

 SWAP

Short

15

31.5400 GBP

5p ordinary

 SWAP

Short

30

31.5533 GBP

5p ordinary

 CFD

Short

36

31.5827 GBP

5p ordinary

 SWAP

Short

109

31.5932 GBP

5p ordinary

 SWAP

Short

456

31.5813 GBP

5p ordinary

 SWAP

Short

618

31.5615 GBP

5p ordinary

 SWAP

Short

5,030

31.5600 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the person making the disclosure and any party

to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

26 Apr 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213