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:

09 May 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:

1,722,272

2.40%

24,529

0.03%

(2)

Cash-settled derivatives:

4,000

0.01%

1,365,155

1.90%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,726,272

2.41%

1,389,684

1.94%

(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

12

32.3000 GBP

5p ordinary

Purchase

30

32.3800 GBP

5p ordinary

Purchase

34

32.3600 GBP

5p ordinary

Purchase

39

32.2000 GBP

5p ordinary

Purchase

81

32.4000 GBP

5p ordinary

Purchase

195

32.3209 GBP

5p ordinary

Purchase

286

32.3400 GBP

5p ordinary

Purchase

294

32.3110 GBP

5p ordinary

Purchase

343

32.3200 GBP

5p ordinary

Purchase

460

32.3323 GBP

5p ordinary

Purchase

473

32.3547 GBP

5p ordinary

Purchase

1,112

32.3808 GBP

5p ordinary

Purchase

1,291

32.3518 GBP

5p ordinary

Purchase

20,513

32.2634 GBP

5p ordinary

Sale

34

32.3600 GBP

5p ordinary

Sale

57

32.2000 GBP

5p ordinary

Sale

82

32.3365 GBP

5p ordinary

Sale

227

32.3287 GBP

5p ordinary

Sale

254

32.2859 GBP

5p ordinary

Sale

331

32.3081 GBP

5p ordinary

Sale

1,244

32.2203 GBP

5p ordinary

Sale

2,000

32.3155 GBP

5p ordinary

Sale

2,259

32.2856 GBP

5p ordinary

Sale

7,324

32.2319 GBP

5p ordinary

Sale

7,510

32.2248 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

139

32.2741 GBP

5p ordinary

 SWAP

Long

199

32.2000 GBP

5p ordinary

 SWAP

Long

1,373

32.3091 GBP

5p ordinary

 SWAP

Long

2,000

32.3155 GBP

5p ordinary

 SWAP

Long

6,564

32.2260 GBP

5p ordinary

 SWAP

Short

34

32.2823 GBP

5p ordinary

 SWAP

Short

519

32.3858 GBP

5p ordinary

 SWAP

Short

1,048

32.3665 GBP

5p ordinary

 SWAP

Short

1,291

32.3518 GBP

5p ordinary

 SWAP

Short

11,376

32.3026 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:

10 May 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213