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:

13 July 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:

3,351,644

4.67%

72,705

0.10%

(2)

Cash-settled derivatives:

3,000

0.00%

3,157,805

4.40%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,354,644

4.67%

3,230,510

4.50%

(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

28

34.9164 GBP

5p ordinary

Purchase

28

34.9200 GBP

5p ordinary

Purchase

415

34.9053 GBP

5p ordinary

Purchase

500

34.9202 GBP

5p ordinary

Purchase

595

34.8956 GBP

5p ordinary

Purchase

641

34.9100 GBP

5p ordinary

Purchase

687

34.9000 GBP

5p ordinary

Purchase

2,366

34.9142 GBP

5p ordinary

Purchase

6,595

34.9154 GBP

5p ordinary

Sale

128

34.8700 GBP

5p ordinary

Sale

128

34.8812 GBP

5p ordinary

Sale

158

34.8900 GBP

5p ordinary

Sale

169

34.8866 GBP

5p ordinary

Sale

268

34.9058 GBP

5p ordinary

Sale

316

34.8950 GBP

5p ordinary

Sale

642

34.8758 GBP

5p ordinary

Sale

990

34.8917 GBP

5p ordinary

Sale

1,255

34.9000 GBP

5p ordinary

Sale

1,285

34.9101 GBP

5p ordinary

Sale

1,598

34.8800 GBP

5p ordinary

Sale

1,847

34.8874 GBP

5p ordinary

Sale

2,317

34.8970 GBP

5p ordinary

Sale

2,812

34.8848 GBP

5p ordinary

Sale

3,123

34.8918 GBP

5p ordinary

Sale

4,046

34.8864 GBP

5p ordinary

Sale

9,843

34.9200 GBP

5p ordinary

Sale

50,000

34.9175 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

2

34.9000 GBP

5p ordinary

 SWAP

Long

6

34.8933 GBP

5p ordinary

 SWAP

Long

120

34.8844 GBP

5p ordinary

 CFD

Long

2,377

34.9168 GBP

5p ordinary

 SWAP

Long

3,801

34.8840 GBP

5p ordinary

 SWAP

Short

500

34.9202 GBP

5p ordinary

 SWAP

Short

2,712

34.9164 GBP

5p ordinary

 CFD

Short

3,625

34.9030 GBP

5p ordinary

 SWAP

Short

3,758

34.9265 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:

14 Jul 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213