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Form eight.3 - ULE LN

LONDON, Dec 08, 2021--(Business organisation WIRE)--

Course 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE Past

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING one% OR MORE

Rule 8.three of the Takeover Code (the "Code")

1. KEY INFORMATION

(a) Full proper noun of discloser:

Sand Grove Capital Direction LLP

(b) Owner or controller of interests and brusque positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

Fund(s) for which Sand Grove Uppercase Management LLP serves as the Investment Managing director or Discretionary Sub-Advisor

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a carve up form for each offeror/offeree

Ultra Electronics Holdings Plc

(d) If an exempt fund managing director connected with an offeror/offeree, state this and specify identity of offeror/offeree:

(east) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable appointment prior to the disclosure

07 December 2021

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of whatsoever other party to the offer?

If information technology is a cash offer or possible cash offer, state "N/A"

N/A

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If at that place are positions or rights to subscribe to disclose in more than than one grade of relevant securities of the offeror or offeree named in one(c), copy tabular array ii(a) or (b) (as advisable) for each boosted class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates post-obit the dealing (if any)

Form of relevant security:

5p ordinary

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

(2) Cash-settled derivatives:

3,524,671

4.94%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

Full:

3,524,671

4.94%

All interests and all short positions should be disclosed.

Details of any open up stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Course 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors' and other employee options)

Class of relevant security in relation to which subscription right exists:

Details, including nature of the rights concerned and relevant percentages:

iii. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than than ane class of relevant securities of the offeror or offeree named in 1(c), copy tabular array 3(a), (b), (c) or (d) (equally appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security

Purchase/auction

Number of securities

Price per unit of measurement

(b) Cash-settled derivative transactions

Class of relevant security

Production description

due east.g. CFD

Nature of dealing

due east.yard. opening/closing a long/short position, increasing/reducing a long/brusk position

Number of reference securities

Price per unit

5p ordinary

CFD

Increasing a long position

154,080

3,142.00

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

Product clarification east.chiliad. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Practise price per unit

Blazon

e.m. American, European etc.

Decease date

Option money paid/ received per unit of measurement

(ii) Exercise

Class of relevant security

Product description

e.g. phone call selection

Exercising/ exercised confronting

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Grade of relevant security

Nature of dealing

e.one thousand. subscription, conversion

Details

Price per unit (if applicative)

iv. OTHER Data

(a) Indemnity and other dealing arrangements

Details of any indemnity or option organization, 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 past the person making the disclosure and any party to the offer or whatsoever person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of whatever agreement, arrangement or understanding, formal or informal, betwixt the person making the disclosure and whatever other person relating to:

(i) the voting rights of any relevant securities under whatever option; or

(ii) the voting rights or future acquisition or disposal of whatsoever relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None

(c) Attachments

Is a Supplemental Class viii (Open up Positions) attached?

No

Date of disclosure:

08 December 2021

Contact proper noun:

Pau Gimeno

Telephone number:

+44 203 770 8623

Public disclosures under Rule viii of the Code must be made to a Regulatory Information Service.

The Panel's Marketplace Surveillance Unit is bachelor for consultation in relation to the Code's disclosure requirements on +44 (0)xx 7638 0129.

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Console's Market Surveillance Unit.

The Code can be viewed on the Console's website at www.thetakeoverpanel.org.united kingdom.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211208005496/en/

Contacts

Sand Grove Uppercase Management LLP

morenothenex.blogspot.com

Source: https://finance.yahoo.com/news/form-8-3-ule-ln-150000589.html

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