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:

16 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:

1,800,467

2.51%

24,076

0.03%

(2)

Cash-settled derivatives:

3,000

0.00%

1,444,386

2.01%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,803,467

2.51%

1,468,462

2.05%

(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

58

32.2200 GBP

5p ordinary

Purchase

61

32.1200 GBP

5p ordinary

Purchase

141

32.1600 GBP

5p ordinary

Purchase

225

32.1335 GBP

5p ordinary

Purchase

276

32.2077 GBP

5p ordinary

Purchase

535

32.2070 GBP

5p ordinary

Purchase

662

32.3972 GBP

5p ordinary

Purchase

1,051

32.2031 GBP

5p ordinary

Purchase

1,100

32.2800 GBP

5p ordinary

Purchase

1,226

32.2741 GBP

5p ordinary

Purchase

1,338

32.2225 GBP

5p ordinary

Purchase

7,346

32.1724 GBP

5p ordinary

Purchase

8,002

32.1944 GBP

5p ordinary

Sale

144

32.1661 GBP

5p ordinary

Sale

201

32.2800 GBP

5p ordinary

Sale

344

32.1854 GBP

5p ordinary

Sale

421

32.3803 GBP

5p ordinary

Sale

794

32.2772 GBP

5p ordinary

Sale

1,695

32.2429 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

22

32.1600 GBP

5p ordinary

 SWAP

Long

60

32.2866 GBP

5p ordinary

 SWAP

Long

100

32.2538 GBP

5p ordinary

 SWAP

Long

421

32.3803 GBP

5p ordinary

 SWAP

Short

4

32.2000 GBP

5p ordinary

 SWAP

Short

12

32.2533 GBP

5p ordinary

 SWAP

Short

539

32.1882 GBP

5p ordinary

 SWAP

Short

662

32.3972 GBP

5p ordinary

 SWAP

Short

1,338

32.2225 GBP

5p ordinary

 SWAP

Short

1,503

32.2802 GBP

5p ordinary

 SWAP

Short

1,980

32.1172 GBP

5p ordinary

 SWAP

Short

3,507

32.1884 GBP

5p ordinary

 SWAP

Short

3,721

32.2031 GBP

5p ordinary

 SWAP

Short

5,960

32.1733 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:

17 May 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213