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:

24 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:

2,221,482

3.09%

31,943

0.04%

(2)

Cash-settled derivatives:

3,000

0.00%

2,156,118

3.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,224,482

3.10%

2,188,061

3.05%

(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

248

34.4900 GBP

5p ordinary

Purchase

695

34.5484 GBP

5p ordinary

Purchase

1,000

34.5224 GBP

5p ordinary

Purchase

1,105

34.5400 GBP

5p ordinary

Purchase

1,138

34.5900 GBP

5p ordinary

Purchase

1,552

34.5354 GBP

5p ordinary

Purchase

1,577

34.5062 GBP

5p ordinary

Purchase

1,580

34.5100 GBP

5p ordinary

Purchase

1,700

34.5706 GBP

5p ordinary

Purchase

1,834

34.5165 GBP

5p ordinary

Purchase

1,852

34.5500 GBP

5p ordinary

Purchase

1,973

34.5200 GBP

5p ordinary

Purchase

2,820

34.5300 GBP

5p ordinary

Purchase

2,923

34.5700 GBP

5p ordinary

Purchase

3,259

34.5800 GBP

5p ordinary

Purchase

3,432

34.5450 GBP

5p ordinary

Purchase

3,448

34.5565 GBP

5p ordinary

Purchase

3,840

34.5269 GBP

5p ordinary

Purchase

4,487

34.5024 GBP

5p ordinary

Purchase

4,523

34.5489 GBP

5p ordinary

Purchase

4,781

34.5014 GBP

5p ordinary

Purchase

5,085

34.4958 GBP

5p ordinary

Purchase

5,776

34.4800 GBP

5p ordinary

Purchase

6,779

34.5423 GBP

5p ordinary

Purchase

6,935

34.5600 GBP

5p ordinary

Purchase

8,504

34.5042 GBP

5p ordinary

Purchase

9,982

34.5000 GBP

5p ordinary

Purchase

16,521

34.5010 GBP

5p ordinary

Purchase

18,002

34.5056 GBP

5p ordinary

Purchase

22,269

34.5258 GBP

5p ordinary

Purchase

23,503

34.5216 GBP

5p ordinary

Purchase

40,000

34.5659 GBP

5p ordinary

Sale

139

34.5834 GBP

5p ordinary

Sale

426

34.5435 GBP

5p ordinary

Sale

430

34.5085 GBP

5p ordinary

Sale

451

34.5102 GBP

5p ordinary

Sale

525

34.5490 GBP

5p ordinary

Sale

580

34.5703 GBP

5p ordinary

Sale

619

34.5800 GBP

5p ordinary

Sale

700

34.4797 GBP

5p ordinary

Sale

874

34.5280 GBP

5p ordinary

Sale

940

34.5342 GBP

5p ordinary

Sale

975

34.5400 GBP

5p ordinary

Sale

1,038

34.5061 GBP

5p ordinary

Sale

1,138

34.5900 GBP

5p ordinary

Sale

1,240

34.5600 GBP

5p ordinary

Sale

1,307

34.5140 GBP

5p ordinary

Sale

1,467

34.5500 GBP

5p ordinary

Sale

1,841

34.5100 GBP

5p ordinary

Sale

1,873

34.5392 GBP

5p ordinary

Sale

1,973

34.5200 GBP

5p ordinary

Sale

2,777

34.5539 GBP

5p ordinary

Sale

2,820

34.5300 GBP

5p ordinary

Sale

2,923

34.5700 GBP

5p ordinary

Sale

2,926

34.5314 GBP

5p ordinary

Sale

2,976

34.5358 GBP

5p ordinary

Sale

3,232

34.5343 GBP

5p ordinary

Sale

3,690

34.4800 GBP

5p ordinary

Sale

4,019

34.5366 GBP

5p ordinary

Sale

4,578

34.5463 GBP

5p ordinary

Sale

5,691

34.5028 GBP

5p ordinary

Sale

7,463

34.5015 GBP

5p ordinary

Sale

8,181

34.5469 GBP

5p ordinary

Sale

9,379

34.5489 GBP

5p ordinary

Sale

10,801

34.5397 GBP

5p ordinary

Sale

10,919

34.5454 GBP

5p ordinary

Sale

13,407

34.5000 GBP

5p ordinary

Sale

20,577

34.5320 GBP

5p ordinary

Sale

20,836

34.5468 GBP

5p ordinary

Sale

35,644

34.5390 GBP

5p ordinary

Sale

50,000

34.5296 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

208

34.5277 GBP

5p ordinary

 SWAP

Long

700

34.4797 GBP

5p ordinary

 SWAP

Long

21,570

34.5405 GBP

5p ordinary

 SWAP

Long

28,206

34.5391 GBP

5p ordinary

 SWAP

Long

29,043

34.5478 GBP

5p ordinary

 SWAP

Short

385

34.4903 GBP

5p ordinary

 SWAP

Short

495

34.5172 GBP

5p ordinary

 SWAP

Short

995

34.5035 GBP

5p ordinary

 SWAP

Short

1,000

34.5224 GBP

5p ordinary

 SWAP

Short

1,700

34.5706 GBP

5p ordinary

 SWAP

Short

2,802

34.4800 GBP

5p ordinary

 CFD

Short

10,106

34.5798 GBP

5p ordinary

 SWAP

Short

20,000

34.5028 GBP

5p ordinary

 SWAP

Short

22,269

34.5258 GBP

5p ordinary

 SWAP

Short

23,887

34.5146 GBP

5p ordinary

 SWAP

Short

40,000

34.5659 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:

27 Jun 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213