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:

06 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:

3,429,557

4.78%

65,216

0.09%

(2)

Cash-settled derivatives:

4,000

0.01%

3,330,289

4.64%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,433,557

4.78%

3,395,505

4.73%

(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

22

34.6200 GBP

5p ordinary

Purchase

33

34.5854 GBP

5p ordinary

Purchase

87

34.1600 GBP

5p ordinary

Purchase

160

34.6700 GBP

5p ordinary

Purchase

168

34.2133 GBP

5p ordinary

Purchase

178

34.1800 GBP

5p ordinary

Purchase

235

34.1400 GBP

5p ordinary

Purchase

261

34.2000 GBP

5p ordinary

Purchase

306

34.3800 GBP

5p ordinary

Purchase

310

34.3000 GBP

5p ordinary

Purchase

356

34.1000 GBP

5p ordinary

Purchase

396

34.0800 GBP

5p ordinary

Purchase

630

34.0041 GBP

5p ordinary

Purchase

960

34.0000 GBP

5p ordinary

Purchase

1,152

34.3637 GBP

5p ordinary

Purchase

1,200

34.6661 GBP

5p ordinary

Purchase

1,264

34.0395 GBP

5p ordinary

Purchase

1,351

33.9804 GBP

5p ordinary

Purchase

1,471

34.3200 GBP

5p ordinary

Purchase

1,602

34.4230 GBP

5p ordinary

Purchase

1,943

34.6400 GBP

5p ordinary

Purchase

3,011

34.2494 GBP

5p ordinary

Purchase

3,671

34.3944 GBP

5p ordinary

Purchase

4,142

34.1507 GBP

5p ordinary

Purchase

4,176

34.3404 GBP

5p ordinary

Purchase

4,720

34.5770 GBP

5p ordinary

Purchase

8,640

34.1423 GBP

5p ordinary

Purchase

9,124

34.1916 GBP

5p ordinary

Purchase

10,000

34.3154 GBP

5p ordinary

Purchase

11,154

34.1982 GBP

5p ordinary

Purchase

18,337

34.1794 GBP

5p ordinary

Purchase

21,056

34.1449 GBP

5p ordinary

Purchase

25,298

34.1635 GBP

5p ordinary

Purchase

45,331

34.4702 GBP

5p ordinary

Purchase

218,350

34.2448 GBP

5p ordinary

Sale

39

34.1200 GBP

5p ordinary

Sale

119

34.0900 GBP

5p ordinary

Sale

150

34.1400 GBP

5p ordinary

Sale

157

34.5411 GBP

5p ordinary

Sale

178

34.1800 GBP

5p ordinary

Sale

188

34.4927 GBP

5p ordinary

Sale

227

34.6022 GBP

5p ordinary

Sale

302

34.2600 GBP

5p ordinary

Sale

306

34.3800 GBP

5p ordinary

Sale

309

34.0000 GBP

5p ordinary

Sale

310

34.3000 GBP

5p ordinary

Sale

341

34.2000 GBP

5p ordinary

Sale

346

34.4555 GBP

5p ordinary

Sale

356

34.1000 GBP

5p ordinary

Sale

404

34.4764 GBP

5p ordinary

Sale

476

34.0800 GBP

5p ordinary

Sale

505

34.1546 GBP

5p ordinary

Sale

544

34.5048 GBP

5p ordinary

Sale

800

34.1597 GBP

5p ordinary

Sale

1,438

34.4506 GBP

5p ordinary

Sale

1,471

34.3200 GBP

5p ordinary

Sale

2,385

34.1600 GBP

5p ordinary

Sale

2,555

34.6200 GBP

5p ordinary

Sale

3,700

33.9843 GBP

5p ordinary

Sale

6,140

34.1492 GBP

5p ordinary

Sale

7,544

34.3628 GBP

5p ordinary

Sale

49,425

34.1941 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

176

34.4144 GBP

5p ordinary

 SWAP

Long

644

34.1063 GBP

5p ordinary

 SWAP

Long

800

34.1597 GBP

5p ordinary

 SWAP

Long

904

34.2668 GBP

5p ordinary

 SWAP

Long

8,626

34.4157 GBP

5p ordinary

 SWAP

Short

1,200

34.6661 GBP

5p ordinary

 CFD

Short

1,577

34.6766 GBP

5p ordinary

 SWAP

Short

10,000

33.8027 GBP

5p ordinary

 SWAP

Short

10,000

33.9003 GBP

5p ordinary

 SWAP

Short

10,000

33.9995 GBP

5p ordinary

 SWAP

Short

10,000

34.1005 GBP

5p ordinary

 SWAP

Short

10,000

34.1693 GBP

5p ordinary

 SWAP

Short

10,000

34.1879 GBP

5p ordinary

 SWAP

Short

10,000

34.3027 GBP

5p ordinary

 SWAP

Short

10,000

34.3154 GBP

5p ordinary

 SWAP

Short

10,000

34.3627 GBP

5p ordinary

 SWAP

Short

10,000

34.3906 GBP

5p ordinary

 SWAP

Short

10,000

34.4016 GBP

5p ordinary

 SWAP

Short

10,000

34.4228 GBP

5p ordinary

 SWAP

Short

10,000

34.4628 GBP

5p ordinary

 SWAP

Short

13,211

34.4929 GBP

5p ordinary

 SWAP

Short

13,948

34.5532 GBP

5p ordinary

 SWAP

Short

20,000

34.1627 GBP

5p ordinary

 SWAP

Short

20,000

34.2027 GBP

5p ordinary

 SWAP

Short

20,000

34.5628 GBP

5p ordinary

 SWAP

Short

24,879

34.6028 GBP

5p ordinary

 SWAP

Short

27,697

34.3849 GBP

5p ordinary

 SWAP

Short

30,000

34.0027 GBP

5p ordinary

 SWAP

Short

30,000

34.1027 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:

7 Jul 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213