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:

20 June 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:

2,193,187

3.06%

27,036

0.04%

(2)

Cash-settled derivatives:

4,000

0.01%

2,128,779

2.97%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,197,187

3.06%

2,155,815

3.00%

(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

18

31.1400 GBP

5p ordinary

Purchase

22

30.9968 GBP

5p ordinary

Purchase

58

30.9928 GBP

5p ordinary

Purchase

142

31.1000 GBP

5p ordinary

Purchase

280

30.9950 GBP

5p ordinary

Purchase

333

31.0200 GBP

5p ordinary

Purchase

338

31.1610 GBP

5p ordinary

Purchase

621

31.2281 GBP

5p ordinary

Purchase

652

30.9918 GBP

5p ordinary

Purchase

661

30.9800 GBP

5p ordinary

Purchase

770

31.2244 GBP

5p ordinary

Purchase

3,596

31.1083 GBP

5p ordinary

Purchase

4,076

31.1365 GBP

5p ordinary

Purchase

6,731

31.1088 GBP

5p ordinary

Purchase

7,005

31.1707 GBP

5p ordinary

Purchase

10,667

31.0931 GBP

5p ordinary

Purchase

11,403

31.1197 GBP

5p ordinary

Sale

18

31.1409 GBP

5p ordinary

Sale

18

31.1400 GBP

5p ordinary

Sale

39

31.2576 GBP

5p ordinary

Sale

73

30.9400 GBP

5p ordinary

Sale

225

31.1423 GBP

5p ordinary

Sale

248

30.9314 GBP

5p ordinary

Sale

333

31.0200 GBP

5p ordinary

Sale

444

30.9000 GBP

5p ordinary

Sale

456

31.1000 GBP

5p ordinary

Sale

661

30.9800 GBP

5p ordinary

Sale

3,500

30.9541 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

39

31.2576 GBP

5p ordinary

 SWAP

Long

73

30.9400 GBP

5p ordinary

 SWAP

Long

225

31.1360 GBP

5p ordinary

 SWAP

Long

317

31.1000 GBP

5p ordinary

 SWAP

Long

333

30.9000 GBP

5p ordinary

 SWAP

Long

359

30.9217 GBP

5p ordinary

 SWAP

Long

3,500

30.9541 GBP

5p ordinary

 SWAP

Short

133

31.1015 GBP

5p ordinary

 SWAP

Short

371

31.1000 GBP

5p ordinary

 SWAP

Short

605

31.2061 GBP

5p ordinary

 CFD

Short

1,730

31.2028 GBP

5p ordinary

 SWAP

Short

5,000

30.9993 GBP

5p ordinary

 SWAP

Short

5,000

31.0448 GBP

5p ordinary

 SWAP

Short

6,028

31.1754 GBP

5p ordinary

 SWAP

Short

11,614

31.1963 GBP

5p ordinary

 SWAP

Short

15,581

31.1025 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:

21 Jun 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213