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:

15 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:

1,388,167

1.94%

15,634

0.02%

(2)

Cash-settled derivatives:

4,000

0.01%

996,868

1.40%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,392,167

1.95%

1,012,502

1.42%

(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

46

31.9182 GBP

5p ordinary

Purchase

49

31.9159 GBP

5p ordinary

Purchase

51

31.9600 GBP

5p ordinary

Purchase

81

31.9000 GBP

5p ordinary

Purchase

93

31.9400 GBP

5p ordinary

Purchase

95

32.0200 GBP

5p ordinary

Purchase

102

32.0000 GBP

5p ordinary

Purchase

190

31.9377 GBP

5p ordinary

Purchase

205

31.9666 GBP

5p ordinary

Purchase

291

31.9101 GBP

5p ordinary

Purchase

633

31.8343 GBP

5p ordinary

Purchase

1,055

31.9493 GBP

5p ordinary

Purchase

2,573

31.8000 GBP

5p ordinary

Purchase

7,468

31.8203 GBP

5p ordinary

Sale

482

32.0143 GBP

5p ordinary

Sale

494

31.8644 GBP

5p ordinary

Sale

1,056

31.9304 GBP

5p ordinary

Sale

1,203

31.9878 GBP

5p ordinary

Sale

2,168

31.8000 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

611

31.8725 GBP

5p ordinary

 SWAP

Long

1,056

31.9304 GBP

5p ordinary

 SWAP

Long

1,203

31.9878 GBP

5p ordinary

 SWAP

Short

46

31.9182 GBP

5p ordinary

 SWAP

Short

49

31.9159 GBP

5p ordinary

 SWAP

Short

81

31.9000 GBP

5p ordinary

 SWAP

Short

95

32.0225 GBP

5p ordinary

 SWAP

Short

99

31.9624 GBP

5p ordinary

 SWAP

Short

825

31.8580 GBP

5p ordinary

 SWAP

Short

1,055

31.9493 GBP

5p ordinary

 SWAP

Short

2,580

31.8287 GBP

5p ordinary

 SWAP

Short

5,336

31.8254 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:

16 Mar 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213