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:

29 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:

1,745,343

2.44%

18,483

0.03%

(2)

Cash-settled derivatives:

4,000

0.01%

1,376,183

1.93%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,749,343

2.45%

1,394,666

1.95%

(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

1

33.3600 GBP

5p ordinary

Purchase

63

33.2749 GBP

5p ordinary

Purchase

88

33.2800 GBP

5p ordinary

Purchase

186

33.2705 GBP

5p ordinary

Purchase

275

33.3000 GBP

5p ordinary

Purchase

339

33.2443 GBP

5p ordinary

Purchase

378

33.3100 GBP

5p ordinary

Purchase

496

33.2681 GBP

5p ordinary

Purchase

515

33.3138 GBP

5p ordinary

Purchase

9,514

33.2441 GBP

5p ordinary

Sale

1

33.2600 GBP

5p ordinary

Sale

34

33.2900 GBP

5p ordinary

Sale

44

33.3200 GBP

5p ordinary

Sale

86

33.2687 GBP

5p ordinary

Sale

87

33.3087 GBP

5p ordinary

Sale

90

33.2545 GBP

5p ordinary

Sale

262

33.2883 GBP

5p ordinary

Sale

275

33.3033 GBP

5p ordinary

Sale

459

33.3038 GBP

5p ordinary

Sale

970

33.3000 GBP

5p ordinary

Sale

1,236

33.2400 GBP

5p ordinary

Sale

1,248

33.2653 GBP

5p ordinary

Sale

1,828

33.2766 GBP

5p ordinary

Sale

2,936

33.2618 GBP

5p ordinary

Sale

4,401

33.2643 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

5p ordinary

 CFD

Long

90

33.2545 GBP

5p ordinary

 SWAP

Long

208

33.2638 GBP

5p ordinary

 SWAP

Long

339

33.2864 GBP

5p ordinary

 SWAP

Long

397

33.2799 GBP

5p ordinary

 SWAP

Long

642

33.2481 GBP

5p ordinary

 CFD

Long

9,763

33.2617 GBP

5p ordinary

 SWAP

Short

515

33.3138 GBP

5p ordinary

 SWAP

Short

621

33.2713 GBP

5p ordinary

 SWAP

Short

860

33.2902 GBP

5p ordinary

 SWAP

Short

8,742

33.2400 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:

30 Mar 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213