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:

11 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:

1,322,115

1.85%

16,034

0.02%

(2)

Cash-settled derivatives:

4,000

0.01%

928,064

1.30%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,326,115

1.86%

944,098

1.32%

(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

9

31.8200 GBP

5p ordinary

Purchase

98

31.7851 GBP

5p ordinary

Purchase

148

31.9110 GBP

5p ordinary

Purchase

232

31.7200 GBP

5p ordinary

Purchase

252

31.7531 GBP

5p ordinary

Purchase

322

31.7717 GBP

5p ordinary

Purchase

441

31.8096 GBP

5p ordinary

Purchase

982

31.7988 GBP

5p ordinary

Purchase

2,093

31.8188 GBP

5p ordinary

Sale

69

31.8043 GBP

5p ordinary

Sale

72

31.8200 GBP

5p ordinary

Sale

79

31.8000 GBP

5p ordinary

Sale

89

31.8800 GBP

5p ordinary

Sale

93

31.8300 GBP

5p ordinary

Sale

165

31.7610 GBP

5p ordinary

Sale

196

31.6535 GBP

5p ordinary

Sale

283

31.6400 GBP

5p ordinary

Sale

329

31.7340 GBP

5p ordinary

Sale

923

31.7620 GBP

5p ordinary

Sale

1,392

31.7527 GBP

5p ordinary

Sale

48,000

31.4842 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

79

31.6400 GBP

5p ordinary

 SWAP

Long

81

31.7000 GBP

5p ordinary

 SWAP

Long

89

31.8800 GBP

5p ordinary

 SWAP

Long

92

31.8184 GBP

5p ordinary

 SWAP

Long

161

31.7105 GBP

5p ordinary

 SWAP

Long

177

31.8252 GBP

5p ordinary

 SWAP

Long

196

31.6535 GBP

5p ordinary

 SWAP

Long

515

31.7501 GBP

5p ordinary

 SWAP

Long

579

31.7378 GBP

5p ordinary

 SWAP

Long

854

31.7200 GBP

5p ordinary

 SWAP

Long

962

31.7573 GBP

5p ordinary

 SWAP

Long

48,000

31.4842 GBP

5p ordinary

 SWAP

Short

441

31.8096 GBP

5p ordinary

 CFD

Short

486

31.8172 GBP

5p ordinary

 SWAP

Short

664

31.8035 GBP

5p ordinary

 SWAP

Short

727

31.7798 GBP

5p ordinary

 CFD

Short

982

31.7988 GBP

5p ordinary

 SWAP

Short

1,036

31.8381 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 Mar 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213