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:

23 June 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:

2,251,260

3.14%

33,469

0.05%

(2)

Cash-settled derivatives:

4,000

0.01%

2,185,858

3.05%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,255,260

3.14%

2,219,327

3.09%

(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

23

30.6200 GBP

5p ordinary

Purchase

47

30.6400 GBP

5p ordinary

Purchase

108

30.6261 GBP

5p ordinary

Purchase

190

30.6334 GBP

5p ordinary

Purchase

200

30.8902 GBP

5p ordinary

Purchase

295

30.6530 GBP

5p ordinary

Purchase

304

30.7000 GBP

5p ordinary

Purchase

316

30.6527 GBP

5p ordinary

Purchase

341

30.7286 GBP

5p ordinary

Purchase

493

30.6600 GBP

5p ordinary

Purchase

642

30.6824 GBP

5p ordinary

Purchase

1,014

30.6583 GBP

5p ordinary

Purchase

1,080

30.6835 GBP

5p ordinary

Purchase

1,265

30.6923 GBP

5p ordinary

Purchase

1,640

30.6672 GBP

5p ordinary

Purchase

25,160

30.7547 GBP

5p ordinary

Sale

17

30.8400 GBP

5p ordinary

Sale

42

30.7800 GBP

5p ordinary

Sale

46

30.7839 GBP

5p ordinary

Sale

91

30.7900 GBP

5p ordinary

Sale

93

30.7000 GBP

5p ordinary

Sale

176

30.7390 GBP

5p ordinary

Sale

218

30.6400 GBP

5p ordinary

Sale

303

30.6600 GBP

5p ordinary

Sale

715

30.7563 GBP

5p ordinary

Sale

1,273

30.6358 GBP

5p ordinary

Sale

9,049

30.6544 GBP

5p ordinary

Sale

9,614

30.7561 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

3

30.6600 GBP

5p ordinary

 SWAP

Long

3

30.8400 GBP

5p ordinary

 SWAP

Long

9

30.7000 GBP

5p ordinary

 SWAP

Long

73

30.8997 GBP

5p ordinary

 SWAP

Long

169

30.7340 GBP

5p ordinary

 SWAP

Long

1,200

30.6197 GBP

5p ordinary

 SWAP

Long

1,363

30.7736 GBP

5p ordinary

 SWAP

Long

3,995

30.7406 GBP

5p ordinary

 SWAP

Long

4,256

30.7651 GBP

5p ordinary

 SWAP

Short

14

30.6200 GBP

5p ordinary

 SWAP

Short

183

30.6800 GBP

5p ordinary

 SWAP

Short

200

30.8902 GBP

5p ordinary

 SWAP

Short

282

30.7991 GBP

5p ordinary

 SWAP

Short

465

30.6573 GBP

5p ordinary

 SWAP

Short

572

30.6575 GBP

5p ordinary

 SWAP

Short

1,348

30.6968 GBP

5p ordinary

 SWAP

Short

5,000

30.6945 GBP

5p ordinary

 SWAP

Short

5,000

30.7017 GBP

5p ordinary

 SWAP

Short

5,000

30.7025 GBP

5p ordinary

 SWAP

Short

5,000

30.8025 GBP

5p ordinary

 SWAP

Short

5,000

30.9025 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:

24 Jun 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213