Form 8.3 -Ultra Electronics Holdings plc Amendment

FORM 8.3

Amendment to Purchase

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 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:

1,729,764

2.42%

18,728

0.03%

(2)

Cash-settled derivatives:

4,000

0.01%

1,348,977

1.89%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,733,764

2.43%

1,367,705

1.91%

(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

38

33.1900 GBP

5p ordinary

Purchase

96

33.2031 GBP

5p ordinary

Purchase

122

33.1800 GBP

5p ordinary

Purchase

177

33.2137 GBP

5p ordinary

Purchase

274

33.1957 GBP

5p ordinary

Purchase

378

33.2000 GBP

5p ordinary

Purchase

442

33.1746 GBP

5p ordinary

Purchase

592

33.2030 GBP

5p ordinary

Purchase

1,143

33.2100 GBP

5p ordinary

Purchase

2,019

33.1920 GBP

5p ordinary

Purchase

3,038

33.2060 GBP

5p ordinary

Purchase

3,578

33.1977 GBP

5p ordinary

Purchase

24,012

33.2284 GBP

5p ordinary

Sale

23

33.2156 GBP

5p ordinary

Sale

154

33.1963 GBP

5p ordinary

Sale

218

33.2099 GBP

5p ordinary

Sale

220

33.1800 GBP

5p ordinary

Sale

692

33.2094 GBP

5p ordinary

Sale

838

33.1817 GBP

5p ordinary

Sale

1,143

33.2100 GBP

5p ordinary

Sale

2,210

33.2000 GBP

5p ordinary

Sale

2,293

33.1919 GBP

5p ordinary

Sale

2,346

33.2093 GBP

5p ordinary

Sale

3,638

33.1469 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

58

33.1831 GBP

5p ordinary

 SWAP

Long

250

33.1898 GBP

5p ordinary

 SWAP

Long

563

33.1800 GBP

5p ordinary

 SWAP

Long

838

33.1818 GBP

5p ordinary

 SWAP

Long

2,641

33.1293 GBP

5p ordinary

 SWAP

Short

96

33.2031 GBP

5p ordinary

 SWAP

Short

289

33.1969 GBP

5p ordinary

 SWAP

Short

695

33.2051 GBP

5p ordinary

 SWAP

Short

1,162

33.1986 GBP

5p ordinary

 SWAP

Short

1,953

33.1960 GBP

5p ordinary

 SWAP

Short

24,012

33.2284 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:

6 Apr 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213