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:

17 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:

1,420,328

1.99%

26,330

0.04%

(2)

Cash-settled derivatives:

4,000

0.01%

1,028,891

1.44%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,424,328

1.99%

1,055,221

1.48%

(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

150

31.5240 GBP

5p ordinary

Purchase

156

31.9800 GBP

5p ordinary

Purchase

261

31.5800 GBP

5p ordinary

Purchase

376

31.7293 GBP

5p ordinary

Purchase

460

31.6158 GBP

5p ordinary

Purchase

695

31.6212 GBP

5p ordinary

Purchase

803

31.6622 GBP

5p ordinary

Purchase

8,130

31.6202 GBP

5p ordinary

Purchase

13,789

31.6198 GBP

5p ordinary

Sale

17

31.9829 GBP

5p ordinary

Sale

50

31.5600 GBP

5p ordinary

Sale

93

31.5451 GBP

5p ordinary

Sale

97

31.6200 GBP

5p ordinary

Sale

128

31.5800 GBP

5p ordinary

Sale

139

31.9831 GBP

5p ordinary

Sale

156

31.9800 GBP

5p ordinary

Sale

222

31.5709 GBP

5p ordinary

Sale

313

31.7031 GBP

5p ordinary

Sale

348

31.5900 GBP

5p ordinary

Sale

391

31.5762 GBP

5p ordinary

Sale

447

31.7410 GBP

5p ordinary

Sale

2,158

31.5922 GBP

5p ordinary

Sale

2,875

31.5752 GBP

5p ordinary

Sale

3,687

31.6137 GBP

5p ordinary

Sale

3,812

31.6000 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

875

31.5848 GBP

5p ordinary

 SWAP

Long

2,128

31.5716 GBP

5p ordinary

 CFD

Short

460

31.6158 GBP

5p ordinary

 SWAP

Short

695

31.6211 GBP

5p ordinary

 CFD

Short

854

31.5936 GBP

5p ordinary

 SWAP

Short

3,356

31.6069 GBP

5p ordinary

 SWAP

Short

5,133

31.6477 GBP

5p ordinary

 SWAP

Short

6,036

31.6160 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:

18 Mar 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213