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 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:

1,867,928

2.60%

20,610

0.03%

(2)

Cash-settled derivatives:

2,000

0.00%

1,513,447

2.11%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,869,928

2.61%

1,534,057

2.14%

(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

234

33.2903 GBP

5p ordinary

Purchase

238

33.3265 GBP

5p ordinary

Purchase

348

33.3600 GBP

5p ordinary

Purchase

403

33.3106 GBP

5p ordinary

Purchase

821

33.3053 GBP

5p ordinary

Purchase

1,029

33.2984 GBP

5p ordinary

Purchase

1,096

33.2996 GBP

5p ordinary

Purchase

2,000

33.3134 GBP

5p ordinary

Purchase

2,044

33.2975 GBP

5p ordinary

Purchase

2,718

33.3000 GBP

5p ordinary

Purchase

5,138

33.2962 GBP

5p ordinary

Purchase

8,510

33.3099 GBP

5p ordinary

Sale

61

33.2797 GBP

5p ordinary

Sale

177

33.2800 GBP

5p ordinary

Sale

882

33.2546 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

61

33.2797 GBP

5p ordinary

 SWAP

Long

1,059

33.2589 GBP

5p ordinary

 SWAP

Short

1

33.2400 GBP

5p ordinary

 SWAP

Short

2

33.2700 GBP

5p ordinary

 SWAP

Short

6

33.3000 GBP

5p ordinary

 SWAP

Short

104

33.2627 GBP

5p ordinary

 SWAP

Short

238

33.3265 GBP

5p ordinary

 CFD

Short

410

33.2925 GBP

5p ordinary

 SWAP

Short

2,000

33.3134 GBP

5p ordinary

 SWAP

Short

2,208

33.3069 GBP

5p ordinary

 SWAP

Short

2,617

33.3080 GBP

5p ordinary

 SWAP

Short

6,441

33.3126 GBP

5p ordinary

 SWAP

Short

10,000

33.3003 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:

26 May 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213