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:

21 March 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:

1,504,266

2.11%

19,513

0.03%

(2)

Cash-settled derivatives:

4,000

0.01%

1,123,488

1.57%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,508,266

2.11%

1,143,001

1.60%

(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

57

31.5200 GBP

5p ordinary

Purchase

134

31.5000 GBP

5p ordinary

Purchase

172

31.5162 GBP

5p ordinary

Purchase

188

31.4906 GBP

5p ordinary

Purchase

268

31.4634 GBP

5p ordinary

Purchase

605

31.4863 GBP

5p ordinary

Purchase

740

31.6000 GBP

5p ordinary

Purchase

909

31.5265 GBP

5p ordinary

Purchase

1,208

31.5175 GBP

5p ordinary

Purchase

2,645

31.4979 GBP

5p ordinary

Sale

120

31.6039 GBP

5p ordinary

Sale

131

31.4664 GBP

5p ordinary

Sale

142

31.4847 GBP

5p ordinary

Sale

222

31.4996 GBP

5p ordinary

Sale

666

31.6000 GBP

5p ordinary

Sale

832

31.4939 GBP

5p ordinary

Sale

909

31.5297 GBP

5p ordinary

Sale

6,076

31.5662 GBP

5p ordinary

Sale

8,799

31.4974 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

131

31.4664 GBP

5p ordinary

 SWAP

Long

544

31.5711 GBP

5p ordinary

 SWAP

Long

1,432

31.5492 GBP

5p ordinary

 SWAP

Long

5,296

31.5540 GBP

5p ordinary

 SWAP

Short

34

31.6026 GBP

5p ordinary

 SWAP

Short

157

31.5025 GBP

5p ordinary

 SWAP

Short

229

31.5187 GBP

5p ordinary

 CFD

Short

394

31.4842 GBP

5p ordinary

 SWAP

Short

2,374

31.4954 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:

22 Mar 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213