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:

04 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:

1,740,052

2.43%

19,556

0.03%

(2)

Cash-settled derivatives:

0

0.00%

1,383,276

1.93%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,740,052

2.43%

1,402,832

1.96%

(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

15

32.4566 GBP

5p ordinary

Purchase

50

32.4400 GBP

5p ordinary

Purchase

111

32.2200 GBP

5p ordinary

Purchase

123

32.2159 GBP

5p ordinary

Purchase

201

32.3683 GBP

5p ordinary

Purchase

271

32.5408 GBP

5p ordinary

Purchase

294

32.4567 GBP

5p ordinary

Purchase

2,521

32.4600 GBP

5p ordinary

Purchase

5,044

32.3344 GBP

5p ordinary

Purchase

5,159

32.3571 GBP

5p ordinary

Purchase

5,738

32.3457 GBP

5p ordinary

Purchase

7,396

32.6162 GBP

5p ordinary

Purchase

8,661

32.3498 GBP

5p ordinary

Purchase

10,000

32.5162 GBP

5p ordinary

Purchase

11,274

32.3301 GBP

5p ordinary

Purchase

17,216

32.3277 GBP

5p ordinary

Sale

17

32.4300 GBP

5p ordinary

Sale

94

32.2400 GBP

5p ordinary

Sale

109

32.4836 GBP

5p ordinary

Sale

147

32.2200 GBP

5p ordinary

Sale

309

32.4600 GBP

5p ordinary

Sale

395

32.2504 GBP

5p ordinary

Sale

441

32.3788 GBP

5p ordinary

Sale

494

32.3561 GBP

5p ordinary

Sale

676

32.4401 GBP

5p ordinary

Sale

1,831

32.3956 GBP

5p ordinary

Sale

2,609

32.3189 GBP

5p ordinary

Sale

3,503

32.3329 GBP

5p ordinary

Sale

3,919

32.3037 GBP

5p ordinary

Sale

6,322

32.3749 GBP

5p ordinary

Sale

10,423

32.1703 GBP

5p ordinary

Sale

10,871

32.3875 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

143

32.3523 GBP

5p ordinary

 SWAP

Long

395

32.2504 GBP

5p ordinary

 SWAP

Long

1,681

32.5273 GBP

5p ordinary

 SWAP

Long

7,310

32.3006 GBP

5p ordinary

 SWAP

Long

9,823

32.3921 GBP

5p ordinary

 SWAP

Short

49

32.3718 GBP

5p ordinary

 SWAP

Short

271

32.5408 GBP

5p ordinary

 SWAP

Short

5,160

32.3577 GBP

5p ordinary

 SWAP

Short

7,396

32.6163 GBP

5p ordinary

 SWAP

Short

8,909

32.2026 GBP

5p ordinary

 SWAP

Short

10,000

32.3015 GBP

5p ordinary

 SWAP

Short

10,000

32.4026 GBP

5p ordinary

 SWAP

Short

10,000

32.4426 GBP

5p ordinary

 SWAP

Short

10,000

32.5163 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:

5 May 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213