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:

19 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:

1,749,186

2.45%

19,225

0.03%

(2)

Cash-settled derivatives:

3,000

0.00%

1,393,995

1.95%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,752,186

2.45%

1,413,220

1.98%

(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

2

32.9700 GBP

5p ordinary

Purchase

16

33.0200 GBP

5p ordinary

Purchase

60

33.0252 GBP

5p ordinary

Purchase

87

32.9800 GBP

5p ordinary

Purchase

118

33.0500 GBP

5p ordinary

Purchase

147

33.0000 GBP

5p ordinary

Purchase

250

33.0332 GBP

5p ordinary

Purchase

268

32.9937 GBP

5p ordinary

Purchase

291

32.9930 GBP

5p ordinary

Purchase

603

32.9927 GBP

5p ordinary

Purchase

1,000

33.0139 GBP

5p ordinary

Purchase

1,146

32.9949 GBP

5p ordinary

Purchase

1,187

33.0211 GBP

5p ordinary

Purchase

1,215

33.0245 GBP

5p ordinary

Purchase

1,469

33.0101 GBP

5p ordinary

Sale

3

32.9200 GBP

5p ordinary

Sale

4

32.8800 GBP

5p ordinary

Sale

12

32.9400 GBP

5p ordinary

Sale

47

33.0400 GBP

5p ordinary

Sale

137

33.0432 GBP

5p ordinary

Sale

142

33.0530 GBP

5p ordinary

Sale

179

33.0200 GBP

5p ordinary

Sale

272

32.9723 GBP

5p ordinary

Sale

274

32.9600 GBP

5p ordinary

Sale

482

33.0157 GBP

5p ordinary

Sale

4,025

33.0073 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

189

33.0431 GBP

5p ordinary

 SWAP

Long

193

33.0412 GBP

5p ordinary

 SWAP

Long

272

32.9724 GBP

5p ordinary

 SWAP

Long

700

32.9922 GBP

5p ordinary

 SWAP

Short

60

33.0252 GBP

5p ordinary

 SWAP

Short

1,000

33.0139 GBP

5p ordinary

 SWAP

Short

1,469

33.0101 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:

20 Apr 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213