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 May 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:

1,754,167

2.45%

25,524

0.04%

(2)

Cash-settled derivatives:

5,000

0.01%

1,398,133

1.95%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,759,167

2.45%

1,423,657

1.98%

(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

17

32.0035 GBP

5p ordinary

Purchase

55

32.0329 GBP

5p ordinary

Purchase

97

32.0200 GBP

5p ordinary

Purchase

2,650

31.9994 GBP

5p ordinary

Purchase

6,213

32.0244 GBP

5p ordinary

Purchase

8,695

32.0167 GBP

5p ordinary

Purchase

9,193

32.0000 GBP

5p ordinary

Purchase

17,175

32.0519 GBP

5p ordinary

Sale

24

32.0400 GBP

5p ordinary

Sale

138

32.0226 GBP

5p ordinary

Sale

332

31.9980 GBP

5p ordinary

Sale

400

32.0008 GBP

5p ordinary

Sale

908

32.0231 GBP

5p ordinary

Sale

1,582

32.0108 GBP

5p ordinary

Sale

9,390

32.0200 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

96

32.0186 GBP

5p ordinary

 SWAP

Long

908

32.0231 GBP

5p ordinary

 SWAP

Long

946

32.0184 GBP

5p ordinary

 SWAP

Long

1,506

32.0016 GBP

5p ordinary

 SWAP

Short

17

32.0294 GBP

5p ordinary

 SWAP

Short

55

32.0329 GBP

5p ordinary

 SWAP

Short

925

32.0165 GBP

5p ordinary

 SWAP

Short

2,437

32.0323 GBP

5p ordinary

 SWAP

Short

2,875

32.0200 GBP

5p ordinary

 SWAP

Short

8,994

32.1026 GBP

5p ordinary

 SWAP

Short

10,000

32.0017 GBP

5p ordinary

 SWAP

Short

10,000

32.0026 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:

12 May 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213