Barclays Regulatory News (BARC)

FORM 8.3

Amendment to Purchase

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:

29 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:

1,701,276

2.37%

18,653

0.03%

(2)

Cash-settled derivatives:

0

0.00%

1,281,839

1.79%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,701,276

2.37%

1,300,492

1.81%

(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

35

32.6600 GBP

5p ordinary

Purchase

39

32.5100 GBP

5p ordinary

Purchase

42

32.6000 GBP

5p ordinary

Purchase

50

32.5600 GBP

5p ordinary

Purchase

165

32.5400 GBP

5p ordinary

Purchase

175

32.5904 GBP

5p ordinary

Purchase

213

32.5695 GBP

5p ordinary

Purchase

304

32.6400 GBP

5p ordinary

Purchase

354

32.5364 GBP

5p ordinary

Purchase

377

32.6493 GBP

5p ordinary

Purchase

963

32.6248 GBP

5p ordinary

Purchase

989

32.5753 GBP

5p ordinary

Purchase

1,191

32.5579 GBP

5p ordinary

Purchase

1,774

32.6193 GBP

5p ordinary

Purchase

1,940

32.5971 GBP

5p ordinary

Purchase

3,341

32.6024 GBP

5p ordinary

Purchase

4,927

32.5996 GBP

5p ordinary

Purchase

5,752

32.5401 GBP

5p ordinary

Purchase

75,000

32.6163 GBP

5p ordinary

Sale

72

32.6383 GBP

5p ordinary

Sale

145

32.6245 GBP

5p ordinary

Sale

362

32.5000 GBP

5p ordinary

Sale

451

32.5656 GBP

5p ordinary

Sale

9,567

32.5658 GBP

5p ordinary

Sale

13,254

32.5745 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

145

32.6180 GBP

5p ordinary

 SWAP

Long

451

32.5656 GBP

5p ordinary

 SWAP

Long

532

32.6000 GBP

5p ordinary

 SWAP

Long

3,159

32.5789 GBP

5p ordinary

 SWAP

Long

6,310

32.5534 GBP

5p ordinary

 CFD

Short

48

32.6629 GBP

5p ordinary

 SWAP

Short

49

32.6224 GBP

5p ordinary

 SWAP

Short

377

32.6493 GBP

5p ordinary

 SWAP

Short

1,230

32.6400 GBP

5p ordinary

 SWAP

Short

1,954

32.5998 GBP

5p ordinary

 SWAP

Short

2,353

32.5737 GBP

5p ordinary

 SWAP

Short

3,341

32.6024 GBP

5p ordinary

 SWAP

Short

75,000

32.6163 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:

3 May 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213