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:

18 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:

1,515,580

2.12%

19,856

0.03%

(2)

Cash-settled derivatives:

4,000

0.01%

1,127,703

1.58%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,519,580

2.13%

1,147,559

1.61%

(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

4

31.4800 GBP

5p ordinary

Purchase

25

31.2400 GBP

5p ordinary

Purchase

87

31.5200 GBP

5p ordinary

Purchase

94

31.2544 GBP

5p ordinary

Purchase

104

31.6000 GBP

5p ordinary

Purchase

180

31.5652 GBP

5p ordinary

Purchase

294

31.2291 GBP

5p ordinary

Purchase

319

31.5276 GBP

5p ordinary

Purchase

321

31.2267 GBP

5p ordinary

Purchase

517

31.2254 GBP

5p ordinary

Purchase

576

31.4781 GBP

5p ordinary

Purchase

811

31.2315 GBP

5p ordinary

Purchase

3,526

31.1000 GBP

5p ordinary

Purchase

4,756

31.2264 GBP

5p ordinary

Purchase

110,763

31.1230 GBP

5p ordinary

Sale

701

31.4318 GBP

5p ordinary

Sale

1,518

31.3899 GBP

5p ordinary

Sale

1,549

31.4798 GBP

5p ordinary

Sale

1,561

31.1000 GBP

5p ordinary

Sale

6,780

31.2334 GBP

5p ordinary

Sale

8,542

31.4552 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

31.1000 GBP

5p ordinary

 SWAP

Long

1,613

31.4931 GBP

5p ordinary

 SWAP

Long

2,926

31.5400 GBP

5p ordinary

 SWAP

Long

7,595

31.4125 GBP

5p ordinary

 SWAP

Short

17

31.4311 GBP

5p ordinary

 CFD

Short

180

31.5652 GBP

5p ordinary

 SWAP

Short

351

31.5603 GBP

5p ordinary

 CFD

Short

484

31.5296 GBP

5p ordinary

 SWAP

Short

576

31.4781 GBP

5p ordinary

 SWAP

Short

18,817

31.1310 GBP

5p ordinary

 SWAP

Short

44,553

31.1000 GBP

5p ordinary

 SWAP

Short

46,144

31.1395 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:

21 Mar 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213