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:

28 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:

2,461,988

3.43%

29,004

0.04%

(2)

Cash-settled derivatives:

3,000

0.00%

2,397,530

3.34%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,464,988

3.43%

2,426,534

3.38%

(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

118

34.5300 GBP

5p ordinary

Purchase

381

34.5400 GBP

5p ordinary

Purchase

498

34.5200 GBP

5p ordinary

Purchase

600

34.5402 GBP

5p ordinary

Purchase

632

34.5482 GBP

5p ordinary

Purchase

723

34.5600 GBP

5p ordinary

Purchase

1,090

34.5513 GBP

5p ordinary

Purchase

1,109

34.5383 GBP

5p ordinary

Purchase

1,448

34.5528 GBP

5p ordinary

Purchase

2,127

34.5429 GBP

5p ordinary

Purchase

3,148

34.5393 GBP

5p ordinary

Purchase

4,415

34.5542 GBP

5p ordinary

Purchase

4,960

34.5451 GBP

5p ordinary

Purchase

5,008

34.5404 GBP

5p ordinary

Purchase

5,917

34.5512 GBP

5p ordinary

Purchase

7,130

34.5315 GBP

5p ordinary

Purchase

19,406

34.5343 GBP

5p ordinary

Purchase

19,690

34.5462 GBP

5p ordinary

Purchase

32,739

34.5269 GBP

5p ordinary

Sale

88

34.5600 GBP

5p ordinary

Sale

249

34.5200 GBP

5p ordinary

Sale

583

34.5400 GBP

5p ordinary

Sale

11,798

34.5415 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

199

34.5419 GBP

5p ordinary

 SWAP

Short

175

34.5348 GBP

5p ordinary

 SWAP

Short

377

34.5400 GBP

5p ordinary

 SWAP

Short

382

34.5330 GBP

5p ordinary

 SWAP

Short

391

34.5511 GBP

5p ordinary

 SWAP

Short

600

34.5402 GBP

5p ordinary

 SWAP

Short

9,400

34.5518 GBP

5p ordinary

 SWAP

Short

10,000

34.5228 GBP

5p ordinary

 SWAP

Short

10,000

34.5428 GBP

5p ordinary

 SWAP

Short

10,000

34.5628 GBP

5p ordinary

 SWAP

Short

10,790

34.5405 GBP

5p ordinary

 SWAP

Short

13,043

34.5444 GBP

5p ordinary

 SWAP

Short

32,739

34.5269 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:

29 Jun 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213