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:

03 May 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:

1,707,652

2.38%

19,070

0.03%

(2)

Cash-settled derivatives:

0

0.00%

1,340,843

1.87%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,707,652

2.38%

1,359,913

1.90%

(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

100

32.7972 GBP

5p ordinary

Purchase

108

32.8000 GBP

5p ordinary

Purchase

178

32.8382 GBP

5p ordinary

Purchase

190

32.7600 GBP

5p ordinary

Purchase

323

32.7892 GBP

5p ordinary

Purchase

353

32.7760 GBP

5p ordinary

Purchase

561

32.6452 GBP

5p ordinary

Purchase

595

32.6400 GBP

5p ordinary

Purchase

15,517

32.6046 GBP

5p ordinary

Sale

188

32.6959 GBP

5p ordinary

Sale

285

32.6374 GBP

5p ordinary

Sale

319

32.7040 GBP

5p ordinary

Sale

353

32.7179 GBP

5p ordinary

Sale

356

32.6400 GBP

5p ordinary

Sale

744

32.7501 GBP

5p ordinary

Sale

2,378

32.7257 GBP

5p ordinary

Sale

7,343

32.6884 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

188

32.6894 GBP

5p ordinary

 SWAP

Long

285

32.6375 GBP

5p ordinary

 SWAP

Long

2,362

32.6569 GBP

5p ordinary

 SWAP

Long

2,982

32.7296 GBP

5p ordinary

 SWAP

Long

3,415

32.6922 GBP

5p ordinary

 SWAP

Short

7

32.7600 GBP

5p ordinary

 SWAP

Short

9

32.8800 GBP

5p ordinary

 SWAP

Short

10

32.6400 GBP

5p ordinary

 SWAP

Short

15

32.6720 GBP

5p ordinary

 SWAP

Short

59

32.7396 GBP

5p ordinary

 SWAP

Short

85

32.6668 GBP

5p ordinary

 SWAP

Short

445

32.6283 GBP

5p ordinary

 SWAP

Short

14,265

32.6026 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:

4 May 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213