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:

30 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:

3,247,064

4.52%

27,888

0.04%

(2)

Cash-settled derivatives:

3,000

0.00%

2,503,926

3.49%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,250,064

4.53%

2,531,814

3.53%

(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

188

34.6255 GBP

5p ordinary

Purchase

248

34.6137 GBP

5p ordinary

Purchase

812

34.6370 GBP

5p ordinary

Purchase

1,083

34.6365 GBP

5p ordinary

Purchase

1,300

34.6402 GBP

5p ordinary

Purchase

1,650

34.6290 GBP

5p ordinary

Purchase

1,666

34.6200 GBP

5p ordinary

Purchase

2,098

34.6000 GBP

5p ordinary

Purchase

2,099

34.6400 GBP

5p ordinary

Purchase

4,100

34.6222 GBP

5p ordinary

Purchase

18,314

34.6007 GBP

5p ordinary

Purchase

24,977

34.6173 GBP

5p ordinary

Purchase

48,559

34.6345 GBP

5p ordinary

Purchase

53,045

34.6216 GBP

5p ordinary

Purchase

141,394

34.5872 GBP

5p ordinary

Purchase

464,036

34.6373 GBP

5p ordinary

Sale

187

34.6300 GBP

5p ordinary

Sale

240

34.6400 GBP

5p ordinary

Sale

677

34.6213 GBP

5p ordinary

Sale

1,178

34.6000 GBP

5p ordinary

Sale

1,839

34.6200 GBP

5p ordinary

Sale

1,996

34.6138 GBP

5p ordinary

Sale

2,601

34.6209 GBP

5p ordinary

Sale

3,226

34.6066 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

140

34.6125 GBP

5p ordinary

 SWAP

Long

6,398

34.6078 GBP

5p ordinary

 SWAP

Short

80

34.6000 GBP

5p ordinary

 SWAP

Short

85

34.6400 GBP

5p ordinary

 SWAP

Short

188

34.6255 GBP

5p ordinary

 SWAP

Short

495

34.6270 GBP

5p ordinary

 SWAP

Short

1,300

34.6402 GBP

5p ordinary

 SWAP

Short

2,903

34.6344 GBP

5p ordinary

 SWAP

Short

20,000

34.6028 GBP

5p ordinary

 SWAP

Short

22,220

34.6229 GBP

5p ordinary

 SWAP

Short

33,566

34.6221 GBP

5p ordinary

 SWAP

Short

193,391

34.6262 GBP

5p ordinary

 SWAP

Short

485,575

34.6258 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:

4 Jul 2022

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213