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:

27 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:

2,364,598

3.29%

30,035

0.04%

(2)

Cash-settled derivatives:

3,000

0.00%

2,299,832

3.20%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,367,598

3.30%

2,329,867

3.25%

(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

41

34.5500 GBP

5p ordinary

Purchase

223

34.5312 GBP

5p ordinary

Purchase

261

34.5248 GBP

5p ordinary

Purchase

282

34.5300 GBP

5p ordinary

Purchase

646

34.5344 GBP

5p ordinary

Purchase

1,004

34.5197 GBP

5p ordinary

Purchase

1,100

34.5602 GBP

5p ordinary

Purchase

1,126

34.5244 GBP

5p ordinary

Purchase

1,310

34.5800 GBP

5p ordinary

Purchase

2,390

34.5400 GBP

5p ordinary

Purchase

2,655

34.5386 GBP

5p ordinary

Purchase

2,695

34.5384 GBP

5p ordinary

Purchase

2,785

34.5391 GBP

5p ordinary

Purchase

2,879

34.5000 GBP

5p ordinary

Purchase

3,195

34.5383 GBP

5p ordinary

Purchase

5,554

34.5200 GBP

5p ordinary

Purchase

12,126

34.5589 GBP

5p ordinary

Purchase

43,698

34.5260 GBP

5p ordinary

Sale

51

34.5600 GBP

5p ordinary

Sale

72

34.5500 GBP

5p ordinary

Sale

352

34.5800 GBP

5p ordinary

Sale

484

34.5400 GBP

5p ordinary

Sale

544

34.5185 GBP

5p ordinary

Sale

900

34.5397 GBP

5p ordinary

Sale

935

34.5300 GBP

5p ordinary

Sale

1,246

34.5389 GBP

5p ordinary

Sale

1,836

34.5325 GBP

5p ordinary

Sale

1,843

34.5521 GBP

5p ordinary

Sale

2,239

34.5368 GBP

5p ordinary

Sale

2,407

34.5257 GBP

5p ordinary

Sale

2,702

34.5367 GBP

5p ordinary

Sale

3,208

34.5000 GBP

5p ordinary

Sale

3,715

34.5376 GBP

5p ordinary

Sale

3,928

34.5299 GBP

5p ordinary

Sale

5,263

34.5200 GBP

5p ordinary

Sale

5,598

34.5402 GBP

5p ordinary

Sale

7,579

34.5362 GBP

5p ordinary

Sale

20,677

34.5624 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

205

34.5558 GBP

5p ordinary

 CFD

Long

261

34.5800 GBP

5p ordinary

 SWAP

Long

559

34.5800 GBP

5p ordinary

 SWAP

Long

900

34.5397 GBP

5p ordinary

 SWAP

Long

1,284

34.5400 GBP

5p ordinary

 SWAP

Short

179

34.5200 GBP

5p ordinary

 SWAP

Short

200

34.5400 GBP

5p ordinary

 SWAP

Short

230

34.5372 GBP

5p ordinary

 SWAP

Short

244

34.5800 GBP

5p ordinary

 CFD

Short

261

34.5247 GBP

5p ordinary

 SWAP

Short

278

34.5330 GBP

5p ordinary

 SWAP

Short

770

34.5550 GBP

5p ordinary

 SWAP

Short

1,100

34.5602 GBP

5p ordinary

 CFD

Short

1,203

34.5445 GBP

5p ordinary

 SWAP

Short

4,896

34.5799 GBP

5p ordinary

 SWAP

Short

9,437

34.5412 GBP

5p ordinary

 SWAP

Short

10,000

34.5028 GBP

5p ordinary

 SWAP

Short

10,000

34.5227 GBP

5p ordinary

 SWAP

Short

10,000

34.5228 GBP

5p ordinary

 SWAP

Short

10,000

34.5416 GBP

5p ordinary

 SWAP

Short

10,000

34.5423 GBP

5p ordinary

 SWAP

Short

10,000

34.5428 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:

28 Jun 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213