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:

25 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:

1,760,172

2.46%

18,070

0.03%

(2)

Cash-settled derivatives:

4,000

0.01%

1,389,479

1.95%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,764,172

2.47%

1,407,549

1.97%

(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

122

33.4200 GBP

5p ordinary

Purchase

135

33.3936 GBP

5p ordinary

Purchase

186

33.4269 GBP

5p ordinary

Purchase

326

33.4349 GBP

5p ordinary

Purchase

418

33.3949 GBP

5p ordinary

Purchase

422

33.4225 GBP

5p ordinary

Purchase

573

33.3752 GBP

5p ordinary

Purchase

705

33.4257 GBP

5p ordinary

Purchase

8,454

33.4001 GBP

5p ordinary

Sale

10

33.3860 GBP

5p ordinary

Sale

25

33.3200 GBP

5p ordinary

Sale

40

33.4094 GBP

5p ordinary

Sale

96

33.4306 GBP

5p ordinary

Sale

293

33.4800 GBP

5p ordinary

Sale

681

33.4133 GBP

5p ordinary

Sale

1,644

33.4000 GBP

5p ordinary

Sale

1,918

33.3591 GBP

5p ordinary

Sale

2,097

33.3850 GBP

5p ordinary

Sale

2,540

33.4212 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

25

33.3184 GBP

5p ordinary

 CFD

Long

40

33.4095 GBP

5p ordinary

 SWAP

Long

69

33.4600 GBP

5p ordinary

 SWAP

Long

1,428

33.3929 GBP

5p ordinary

 SWAP

Long

1,918

33.3591 GBP

5p ordinary

 CFD

Long

4,220

33.4106 GBP

5p ordinary

 SWAP

Short

89

33.2800 GBP

5p ordinary

 SWAP

Short

135

33.3936 GBP

5p ordinary

 SWAP

Short

179

33.4203 GBP

5p ordinary

 SWAP

Short

205

33.4200 GBP

5p ordinary

 SWAP

Short

246

33.4348 GBP

5p ordinary

 SWAP

Short

352

33.4459 GBP

5p ordinary

 SWAP

Short

555

33.4361 GBP

5p ordinary

 SWAP

Short

3,092

33.4103 GBP

5p ordinary

 SWAP

Short

3,240

33.3896 GBP

5p ordinary

 SWAP

Short

3,303

33.4008 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 Mar 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213