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:

14 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:

1,380,776

1.93%

17,877

0.03%

(2)

Cash-settled derivatives:

4,000

0.01%

989,572

1.39%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,384,776

1.94%

1,007,449

1.41%

(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

164

32.1800 GBP

5p ordinary

Purchase

186

32.1000 GBP

5p ordinary

Purchase

270

31.9103 GBP

5p ordinary

Purchase

272

32.1250 GBP

5p ordinary

Purchase

293

32.0792 GBP

5p ordinary

Purchase

302

31.7700 GBP

5p ordinary

Purchase

336

31.8622 GBP

5p ordinary

Purchase

614

32.0765 GBP

5p ordinary

Purchase

1,016

32.0671 GBP

5p ordinary

Purchase

1,152

32.2000 GBP

5p ordinary

Purchase

1,483

31.9407 GBP

5p ordinary

Purchase

8,452

31.9836 GBP

5p ordinary

Purchase

53,352

31.9000 GBP

5p ordinary

Sale

86

31.8000 GBP

5p ordinary

Sale

170

32.1096 GBP

5p ordinary

Sale

221

31.6616 GBP

5p ordinary

Sale

304

31.9856 GBP

5p ordinary

Sale

341

32.2083 GBP

5p ordinary

Sale

488

32.2058 GBP

5p ordinary

Sale

929

31.9896 GBP

5p ordinary

Sale

1,238

31.9893 GBP

5p ordinary

Sale

1,284

32.1144 GBP

5p ordinary

Sale

1,803

32.2000 GBP

5p ordinary

Sale

2,105

31.9973 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

31.8360 GBP

5p ordinary

 SWAP

Long

929

31.9897 GBP

5p ordinary

 SWAP

Long

1,238

31.9893 GBP

5p ordinary

 CFD

Short

1,016

32.0670 GBP

5p ordinary

 CFD

Short

1,307

32.0837 GBP

5p ordinary

 SWAP

Short

1,832

31.9647 GBP

5p ordinary

 SWAP

Short

2,636

32.0687 GBP

5p ordinary

 SWAP

Short

4,190

31.9143 GBP

5p ordinary

 SWAP

Short

53,305

31.9000 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:

15 Mar 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213