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:

28 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:

1,746,931

2.45%

17,969

0.03%

(2)

Cash-settled derivatives:

4,000

0.01%

1,376,884

1.93%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,750,931

2.45%

1,394,853

1.95%

(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

55

33.3362 GBP

5p ordinary

Purchase

95

33.2966 GBP

5p ordinary

Purchase

237

33.2789 GBP

5p ordinary

Purchase

278

33.3469 GBP

5p ordinary

Purchase

1,408

33.4157 GBP

5p ordinary

Purchase

10,608

33.3489 GBP

5p ordinary

Sale

8

33.3200 GBP

5p ordinary

Sale

50

33.2793 GBP

5p ordinary

Sale

71

33.4000 GBP

5p ordinary

Sale

96

33.2978 GBP

5p ordinary

Sale

250

33.3155 GBP

5p ordinary

Sale

313

33.3000 GBP

5p ordinary

Sale

379

33.3633 GBP

5p ordinary

Sale

385

33.2873 GBP

5p ordinary

Sale

472

33.2922 GBP

5p ordinary

Sale

503

33.3800 GBP

5p ordinary

Sale

505

33.2960 GBP

5p ordinary

Sale

604

33.2907 GBP

5p ordinary

Sale

741

33.2799 GBP

5p ordinary

Sale

829

33.2963 GBP

5p ordinary

Sale

1,414

33.3051 GBP

5p ordinary

Sale

2,737

33.2908 GBP

5p ordinary

Sale

6,839

33.3736 GBP

5p ordinary

Sale

9,625

33.3016 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

50

33.2793 GBP

5p ordinary

 SWAP

Long

71

33.3983 GBP

5p ordinary

 CFD

Long

96

33.2978 GBP

5p ordinary

 SWAP

Long

1,053

33.3173 GBP

5p ordinary

 SWAP

Long

1,687

33.3016 GBP

5p ordinary

 SWAP

Long

1,941

33.3332 GBP

5p ordinary

 CFD

Long

9,812

33.2845 GBP

5p ordinary

 SWAP

Short

55

33.3362 GBP

5p ordinary

 SWAP

Short

200

33.3600 GBP

5p ordinary

 SWAP

Short

652

33.3044 GBP

5p ordinary

 SWAP

Short

1,208

33.4249 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:

29 Mar 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213