ULE Ultra Electronics Holdings Plc

TIDMULE 
 
 

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:                      Verition Fund Management LLC 
(b) Owner or controller of interests and short 
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. 
(c) Name of offeror/offeree in relation to       Ultra Electronic Holdings plc 
whose relevant securities this form relates: 
Use a separate form for each offeror/offeree 
(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: For   7 July 2022 
an opening position disclosure, state the 
latest practicable date prior to the 
disclosure 
(f) In addition to the company in 1(c) above,    N/A 
is the discloser making disclosures in respect 
of any other party to the offer? If it is a 
cash offer or possible cash offer, state "N/A" 
 

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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) Cash-settled derivatives:             1,220,732   1.70 
(3) Stock-settled derivatives (including 
 options) and agreements to 
 purchase/sell: 
 
 TOTAL:                                    1,220,732   1.70 
 

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 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: 
 

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

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as 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          Purchase/sale  Number of securities  Price per unit 
security                                                         GBp 
 
 

(b) Cash-settled derivative transactions

 
                              Nature of dealing 
                              e.g. opening/closing 
                              a long/short 
                              position, 
Class of       Product        increasing/reducing   Number of 
relevant       description    a long/short          reference     Price per 
security       e.g. CFD       position              securities    unit 
                              Increasing a long 
5p Ordinary    CFD             position             200,000       3,489.00 
                              Increasing a long 
5p Ordinary    CFD             position             195,098       3,489.49 
 
 
 
 
 
 

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

(i) Writing, selling, purchasing or varying

 
Class of  Product      Writing,     Number of   Exercise  Type e.g.  Expiry  Option 
relevant  description  purchasing,  securities  price     American,  date    money 
security  e.g. call    selling,     to which    per       European           paid/ 
          option       varying      option      unit      etc.               received 
                       etc.         relates                                  per 
                                                                             unit 
 
 

(ii) Exercise

 
Class of        Product         Exercising/     Number of       Exercise price 
relevant        description     exercised       securities      per unit 
security        e.g. call       against 
                option 
 
 

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

 
Class of relevant       Nature of dealing      Details  Price per unit (if 
security                e.g. subscription,              applicable) 
                        conversion 
 
 

4. OTHER INFORMATION

(a) Indemnity and other dealing 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: 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 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 or future acquisition or disposal of any 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 Form 8 (Open Positions) attached?  NO 
 
 
Date of disclosure:   8 July 2022 
Contact name:         Robert Ellis 
Telephone number*:    +1 (203) 742-7799 
 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 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 Panel's Market Surveillance Unit.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220708005265/en/

 
    CONTACT: 

Verition Fund Management LLC

 
    SOURCE: Verition Fund Management LLC 
Copyright Business Wire 2022 
 

(END) Dow Jones Newswires

July 08, 2022 10:00 ET (14:00 GMT)