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:

26 April 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:

1,629,069

2.28%

15,662

0.02%

(2)

Cash-settled derivatives:

0

0.00%

1,264,872

1.77%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,629,069

2.28%

1,280,534

1.79%

(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

97

31.8470 GBP

5p ordinary

Purchase

284

31.9633 GBP

5p ordinary

Purchase

314

32.0000 GBP

5p ordinary

Purchase

503

31.8918 GBP

5p ordinary

Purchase

666

31.9143 GBP

5p ordinary

Purchase

898

31.7210 GBP

5p ordinary

Purchase

2,000

31.8521 GBP

5p ordinary

Purchase

3,603

32.1200 GBP

5p ordinary

Purchase

4,548

31.7040 GBP

5p ordinary

Sale

13

32.0200 GBP

5p ordinary

Sale

55

32.0345 GBP

5p ordinary

Sale

86

31.7986 GBP

5p ordinary

Sale

89

32.1600 GBP

5p ordinary

Sale

120

32.0110 GBP

5p ordinary

Sale

295

31.7934 GBP

5p ordinary

Sale

388

32.0678 GBP

5p ordinary

Sale

1,320

31.8813 GBP

5p ordinary

Sale

3,875

32.1257 GBP

5p ordinary

Sale

4,249

31.8419 GBP

5p ordinary

Sale

11,215

32.0000 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

120

32.0110 GBP

5p ordinary

 SWAP

Long

244

31.6600 GBP

5p ordinary

 SWAP

Long

295

31.7870 GBP

5p ordinary

 SWAP

Long

573

32.0590 GBP

5p ordinary

 SWAP

Long

920

31.8943 GBP

5p ordinary

 SWAP

Long

3,044

31.8414 GBP

5p ordinary

 SWAP

Long

11,215

32.0000 GBP

5p ordinary

 SWAP

Short

90

32.1231 GBP

5p ordinary

 SWAP

Short

898

31.7209 GBP

5p ordinary

 SWAP

Short

2,000

31.8521 GBP

5p ordinary

 SWAP

Short

4,458

31.6955 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:

27 Apr 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213