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:

07 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:

1,716,058

2.40%

18,335

0.03%

(2)

Cash-settled derivatives:

4,000

0.01%

1,362,057

1.91%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,720,058

2.41%

1,380,392

1.93%

(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

2

33.2600 GBP

5p ordinary

Purchase

141

33.3121 GBP

5p ordinary

Purchase

189

33.3200 GBP

5p ordinary

Purchase

286

33.2200 GBP

5p ordinary

Purchase

289

33.2640 GBP

5p ordinary

Purchase

409

33.3427 GBP

5p ordinary

Purchase

416

33.3312 GBP

5p ordinary

Purchase

534

33.3000 GBP

5p ordinary

Purchase

867

33.2700 GBP

5p ordinary

Sale

29

33.3289 GBP

5p ordinary

Sale

94

33.2200 GBP

5p ordinary

Sale

157

33.2072 GBP

5p ordinary

Sale

250

33.3802 GBP

5p ordinary

Sale

286

33.2233 GBP

5p ordinary

Sale

858

33.4400 GBP

5p ordinary

Sale

1,348

33.2731 GBP

5p ordinary

Sale

4,594

33.2653 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

157

33.2072 GBP

5p ordinary

 SWAP

Long

344

33.3297 GBP

5p ordinary

 SWAP

Long

492

33.4400 GBP

5p ordinary

 SWAP

Long

705

33.3114 GBP

5p ordinary

 CFD

Long

941

33.4369 GBP

5p ordinary

 SWAP

Long

2,977

33.1998 GBP

5p ordinary

 SWAP

Short

3

33.2733 GBP

5p ordinary

 SWAP

Short

380

33.3766 GBP

5p ordinary

 CFD

Short

469

33.3136 GBP

5p ordinary

 SWAP

Short

647

33.3174 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:

8 Apr 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213