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:

10 May 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:

1,722,685

2.40%

25,363

0.04%

(2)

Cash-settled derivatives:

5,000

0.01%

1,366,286

1.90%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,727,685

2.41%

1,391,649

1.94%

(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

5

32.0400 GBP

5p ordinary

Purchase

19

32.0800 GBP

5p ordinary

Purchase

26

32.3500 GBP

5p ordinary

Purchase

31

32.0600 GBP

5p ordinary

Purchase

113

32.3574 GBP

5p ordinary

Purchase

252

32.0632 GBP

5p ordinary

Purchase

634

32.1100 GBP

5p ordinary

Purchase

1,307

32.0994 GBP

5p ordinary

Purchase

2,295

32.1000 GBP

5p ordinary

Purchase

2,600

32.0961 GBP

5p ordinary

Purchase

8,271

32.1096 GBP

5p ordinary

Purchase

14,899

32.1610 GBP

5p ordinary

Sale

26

32.3500 GBP

5p ordinary

Sale

107

32.1119 GBP

5p ordinary

Sale

120

32.1397 GBP

5p ordinary

Sale

281

32.1467 GBP

5p ordinary

Sale

401

32.1457 GBP

5p ordinary

Sale

507

32.0674 GBP

5p ordinary

Sale

873

32.1345 GBP

5p ordinary

Sale

1,000

32.2109 GBP

5p ordinary

Sale

5,735

32.1393 GBP

5p ordinary

Sale

9,000

32.1095 GBP

5p ordinary

Sale

12,823

32.1400 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

120

32.1397 GBP

5p ordinary

 SWAP

Long

145

32.1004 GBP

5p ordinary

 SWAP

Long

455

32.1751 GBP

5p ordinary

 SWAP

Long

728

32.1383 GBP

5p ordinary

 SWAP

Long

1,000

32.2109 GBP

5p ordinary

 SWAP

Long

2,243

32.1129 GBP

5p ordinary

 SWAP

Long

3,932

32.1407 GBP

5p ordinary

 SWAP

Long

12,672

32.1400 GBP

5p ordinary

 SWAP

Short

65

32.1301 GBP

5p ordinary

 SWAP

Short

113

32.3574 GBP

5p ordinary

 SWAP

Short

242

32.0457 GBP

5p ordinary

 SWAP

Short

1,006

32.0026 GBP

5p ordinary

 SWAP

Short

10,000

32.1026 GBP

5p ordinary

 SWAP

Short

10,000

32.2026 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:

11 May 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213