Barclays Regulatory News (BARC)

FORM 8.3

Amendment to Sale

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:

21 April 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:

1,653,457

2.31%

17,185

0.02%

(2)

Cash-settled derivatives:

2,000

0.00%

1,346,375

1.88%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,655,457

2.32%

1,363,560

1.91%

(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

32.6600 GBP

5p ordinary

Purchase

35

32.5800 GBP

5p ordinary

Purchase

41

32.4800 GBP

5p ordinary

Purchase

53

32.5255 GBP

5p ordinary

Purchase

84

32.7200 GBP

5p ordinary

Purchase

88

32.6200 GBP

5p ordinary

Purchase

129

32.5809 GBP

5p ordinary

Purchase

161

32.7008 GBP

5p ordinary

Purchase

170

32.5000 GBP

5p ordinary

Purchase

254

32.6206 GBP

5p ordinary

Purchase

472

32.7128 GBP

5p ordinary

Purchase

1,175

32.5658 GBP

5p ordinary

Purchase

1,191

32.6199 GBP

5p ordinary

Purchase

1,434

32.6872 GBP

5p ordinary

Purchase

1,750

32.5976 GBP

5p ordinary

Purchase

2,090

32.3800 GBP

5p ordinary

Purchase

3,480

32.5892 GBP

5p ordinary

Sale

82

32.7000 GBP

5p ordinary

Sale

129

32.5809 GBP

5p ordinary

Sale

277

32.7200 GBP

5p ordinary

Sale

453

32.6220 GBP

5p ordinary

Sale

927

32.4539 GBP

5p ordinary

Sale

2,154

32.3800 GBP

5p ordinary

Sale

8,494

32.6354 GBP

5p ordinary

Sale

47,027

32.6446 GBP

5p ordinary

Sale

48,000

32.7836 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

236

32.4847 GBP

5p ordinary

 SWAP

Long

453

32.6220 GBP

5p ordinary

 SWAP

Long

1,204

32.5151 GBP

5p ordinary

 SWAP

Long

47,027

32.6446 GBP

5p ordinary

 SWAP

Long

48,000

32.7836 GBP

5p ordinary

 SWAP

Short

53

32.5255 GBP

5p ordinary

 SWAP

Short

597

32.3816 GBP

5p ordinary

 SWAP

Short

1,280

32.5708 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:

25 Apr 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213