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 March 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:

1,421,656

1.99%

16,408

0.02%

(2)

Cash-settled derivatives:

4,000

0.01%

1,028,020

1.44%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,425,656

2.00%

1,044,428

1.46%

(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

78

31.8800 GBP

5p ordinary

Purchase

135

31.6277 GBP

5p ordinary

Purchase

161

31.7527 GBP

5p ordinary

Purchase

170

31.7682 GBP

5p ordinary

Purchase

267

31.6788 GBP

5p ordinary

Purchase

358

31.7068 GBP

5p ordinary

Purchase

420

31.7000 GBP

5p ordinary

Purchase

463

31.7074 GBP

5p ordinary

Purchase

522

31.8000 GBP

5p ordinary

Purchase

1,447

31.6805 GBP

5p ordinary

Purchase

1,596

31.7163 GBP

5p ordinary

Sale

82

31.7512 GBP

5p ordinary

Sale

112

31.6000 GBP

5p ordinary

Sale

203

31.5632 GBP

5p ordinary

Sale

305

31.7600 GBP

5p ordinary

Sale

310

31.7447 GBP

5p ordinary

Sale

633

31.7500 GBP

5p ordinary

Sale

1,481

31.7294 GBP

5p ordinary

Sale

2,641

31.6185 GBP

5p ordinary

Sale

3,078

31.7196 GBP

5p ordinary

Sale

6,445

31.6870 GBP

5p ordinary

Sale

9,367

31.6400 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

5p ordinary

 CFD

Long

437

31.4708 GBP

5p ordinary

 SWAP

Long

1,379

31.5153 GBP

5p ordinary

 CFD

Long

1,481

31.7294 GBP

5p ordinary

 SWAP

Long

2,354

31.7646 GBP

5p ordinary

 SWAP

Long

2,641

31.6186 GBP

5p ordinary

 SWAP

Long

3,287

31.7349 GBP

5p ordinary

 SWAP

Short

239

31.6751 GBP

5p ordinary

 SWAP

Short

515

31.7452 GBP

5p ordinary

 SWAP

Short

1,447

31.6805 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 Mar 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213