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:

22 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:

2,233,264

3.11%

26,954

0.04%

(2)

Cash-settled derivatives:

4,000

0.01%

2,168,865

3.02%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,237,264

3.12%

2,195,819

3.06%

(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

73

30.8600 GBP

5p ordinary

Purchase

106

30.9133 GBP

5p ordinary

Purchase

157

31.0039 GBP

5p ordinary

Purchase

371

30.9000 GBP

5p ordinary

Purchase

601

30.9762 GBP

5p ordinary

Purchase

754

30.9229 GBP

5p ordinary

Purchase

5,218

30.9404 GBP

5p ordinary

Purchase

6,698

30.9678 GBP

5p ordinary

Purchase

12,835

30.9469 GBP

5p ordinary

Sale

4

30.9600 GBP

5p ordinary

Sale

24

31.1600 GBP

5p ordinary

Sale

28

30.9200 GBP

5p ordinary

Sale

44

30.9981 GBP

5p ordinary

Sale

50

31.0104 GBP

5p ordinary

Sale

73

30.8600 GBP

5p ordinary

Sale

128

30.9904 GBP

5p ordinary

Sale

203

30.9613 GBP

5p ordinary

Sale

213

30.9317 GBP

5p ordinary

Sale

305

31.0160 GBP

5p ordinary

Sale

307

30.9392 GBP

5p ordinary

Sale

321

30.9332 GBP

5p ordinary

Sale

331

30.9590 GBP

5p ordinary

Sale

335

30.9463 GBP

5p ordinary

Sale

351

30.9000 GBP

5p ordinary

Sale

424

30.8962 GBP

5p ordinary

Sale

657

31.0000 GBP

5p ordinary

Sale

1,675

30.9650 GBP

5p ordinary

Sale

1,900

31.0096 GBP

5p ordinary

Sale

3,098

30.9469 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

3

30.9400 GBP

5p ordinary

 SWAP

Long

4

30.9600 GBP

5p ordinary

 SWAP

Long

7

30.9200 GBP

5p ordinary

 SWAP

Long

80

31.0400 GBP

5p ordinary

 SWAP

Long

152

30.9388 GBP

5p ordinary

 SWAP

Long

645

30.9889 GBP

5p ordinary

 SWAP

Long

900

31.0207 GBP

5p ordinary

 SWAP

Long

1,000

30.9997 GBP

5p ordinary

 SWAP

Long

1,829

30.9697 GBP

5p ordinary

 SWAP

Short

134

30.9215 GBP

5p ordinary

 SWAP

Short

306

30.9237 GBP

5p ordinary

 SWAP

Short

574

30.9200 GBP

5p ordinary

 SWAP

Short

5,000

30.9025 GBP

5p ordinary

 SWAP

Short

5,000

30.9225 GBP

5p ordinary

 SWAP

Short

10,000

31.0025 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:

23 Jun 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213