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:

27 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:

1,623,435

2.27%

16,260

0.02%

(2)

Cash-settled derivatives:

0

0.00%

1,259,757

1.76%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,623,435

2.27%

1,276,017

1.79%

(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

53

32.0000 GBP

5p ordinary

Purchase

61

31.8600 GBP

5p ordinary

Purchase

207

31.9039 GBP

5p ordinary

Purchase

208

32.0200 GBP

5p ordinary

Purchase

300

31.9000 GBP

5p ordinary

Purchase

443

31.9269 GBP

5p ordinary

Purchase

865

31.8739 GBP

5p ordinary

Purchase

1,806

32.0170 GBP

5p ordinary

Purchase

2,130

31.9125 GBP

5p ordinary

Purchase

8,349

31.8500 GBP

5p ordinary

Sale

17

31.9200 GBP

5p ordinary

Sale

29

31.9841 GBP

5p ordinary

Sale

35

31.8960 GBP

5p ordinary

Sale

61

31.9003 GBP

5p ordinary

Sale

72

31.9000 GBP

5p ordinary

Sale

77

31.8200 GBP

5p ordinary

Sale

169

31.9552 GBP

5p ordinary

Sale

203

31.8818 GBP

5p ordinary

Sale

207

31.9039 GBP

5p ordinary

Sale

216

31.9202 GBP

5p ordinary

Sale

249

31.9209 GBP

5p ordinary

Sale

314

31.9704 GBP

5p ordinary

Sale

361

31.9171 GBP

5p ordinary

Sale

507

31.9058 GBP

5p ordinary

Sale

5,632

32.0294 GBP

5p ordinary

Sale

12,505

31.8877 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

225

31.9351 GBP

5p ordinary

 SWAP

Long

507

31.9058 GBP

5p ordinary

 SWAP

Long

1,145

32.1810 GBP

5p ordinary

 SWAP

Long

4,907

31.9867 GBP

5p ordinary

 SWAP

Short

51

31.9207 GBP

5p ordinary

 SWAP

Short

443

31.9269 GBP

5p ordinary

 SWAP

Short

1,175

31.8778 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:

28 Apr 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213