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:

30 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:

1,726,978

2.42%

18,487

0.03%

(2)

Cash-settled derivatives:

4,000

0.01%

1,358,002

1.90%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,730,978

2.42%

1,376,489

1.93%

(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

36

33.0600 GBP

5p ordinary

Purchase

89

33.2600 GBP

5p ordinary

Purchase

156

33.2044 GBP

5p ordinary

Purchase

372

33.2090 GBP

5p ordinary

Purchase

444

33.2092 GBP

5p ordinary

Purchase

1,304

33.1791 GBP

5p ordinary

Purchase

6,437

33.1462 GBP

5p ordinary

Sale

41

33.1995 GBP

5p ordinary

Sale

76

33.1903 GBP

5p ordinary

Sale

125

33.2291 GBP

5p ordinary

Sale

203

33.1671 GBP

5p ordinary

Sale

206

33.2600 GBP

5p ordinary

Sale

293

33.2400 GBP

5p ordinary

Sale

307

33.2000 GBP

5p ordinary

Sale

341

33.1912 GBP

5p ordinary

Sale

488

33.2084 GBP

5p ordinary

Sale

741

33.1612 GBP

5p ordinary

Sale

761

33.1854 GBP

5p ordinary

Sale

1,594

33.1889 GBP

5p ordinary

Sale

3,668

33.1807 GBP

5p ordinary

Sale

18,363

33.1787 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

5p ordinary

 CFD

Long

76

33.1902 GBP

5p ordinary

 SWAP

Long

203

33.1671 GBP

5p ordinary

 SWAP

Long

269

33.1940 GBP

5p ordinary

 SWAP

Long

285

33.1373 GBP

5p ordinary

 SWAP

Long

567

33.1573 GBP

5p ordinary

 SWAP

Long

3,389

33.2225 GBP

5p ordinary

 SWAP

Long

5,156

33.2135 GBP

5p ordinary

 CFD

Long

7,621

33.1670 GBP

5p ordinary

 SWAP

Long

8,149

33.1555 GBP

5p ordinary

 SWAP

Short

372

33.2090 GBP

5p ordinary

 SWAP

Short

533

33.2193 GBP

5p ordinary

 SWAP

Short

6,629

33.1471 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:

31 Mar 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213