Citadel Group — Major Shareholding Notification 2022

May 20, 2022

National Storage Mechanism | Additional information

RNS Number : 3086M

Citadel Group

20 May 2022

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:	Citadel Group
(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.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	ULTRA ELECTRONICS HOLDINGS PLC
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	N/A
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	19 May 2022
(f)  In addition to the company in 1(c) above, 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"	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: Common Stock	ISIN GB0009123323
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	1,127	0.00	1,551	0.00
(2) Cash-settled derivatives:	1,426,076	1.98	0	0.00
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	1,427,203	1.98	1,551	0.00

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

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 security	Purchase/sale ISIN GB0009123323	Number of securities	Price per unit (Note 5)
Common	Buy Transaction	170	33.3200 GBP
Common	Buy Transaction	114	33.3200 GBP
Common	Buy Transaction	110	33.3200 GBP
Common	Buy Transaction	108	33.3200 GBP
Common	Buy Transaction	101	33.3200 GBP
Common	Buy Transaction	100	33.4000 GBP
Common	Buy Transaction	76	33.3400 GBP
Common	Buy Transaction	72	33.2000 GBP
Common	Buy Transaction	72	33.3400 GBP
Common	Buy Transaction	58	33.2600 GBP
Common	Buy Transaction	42	33.3400 GBP
Common	Buy Transaction	31	33.3200 GBP
Common	Buy Transaction	22	33.2200 GBP
Common	Buy Transaction	19	33.2200 GBP
Common	Buy Transaction	17	33.2000 GBP
Common	Buy Transaction	15	33.3200 GBP
Common	Buy Transaction	406	33.3000 GBP
Common	Buy Transaction	121	33.1800 GBP
Common	Buy Transaction	90	33.2800 GBP
Common	Buy Transaction	75	33.3400 GBP
Common	Buy Transaction	70	33.2800 GBP
Common	Buy Transaction	61	33.3600 GBP
Common	Buy Transaction	42	33.3600 GBP
Common	Buy Transaction	35	33.3400 GBP
Common	Buy Transaction	25	33.2600 GBP
Common	Buy Transaction	18	33.2600 GBP
Common	Buy Transaction	18	33.3000 GBP
Common	Buy Transaction	18	33.3800 GBP
Common	Buy Transaction	17	33.3200 GBP
Common	Buy Transaction	12	33.4000 GBP
Common	Buy Transaction	11	33.1600 GBP
Common	Buy Transaction	7	33.1800 GBP
Common	Buy Transaction	18	33.2600 GBP
Common	Buy Transaction	6	33.2200 GBP
Common	Sell Transaction	2	33.3000 GBP
Common	Sell Transaction	1	33.2600 GBP
Common	Sell Transaction	1	33.3000 GBP
Common	Sell Transaction	3	33.3200 GBP
Common	Sell Transaction	4	33.2800 GBP
Common	Sell Transaction	4	33.4000 GBP
Common	Sell Transaction	6	33.3200 GBP
Common	Sell Transaction	7	33.3200 GBP
Common	Sell Transaction	9	33.3200 GBP
Common	Sell Transaction	9	33.2200 GBP
Common	Sell Transaction	11	33.4000 GBP
Common	Sell Transaction	12	33.2000 GBP
Common	Sell Transaction	12	33.3200 GBP
Common	Sell Transaction	14	33.2400 GBP
Common	Sell Transaction	15	33.2600 GBP
Common	Sell Transaction	38	33.2800 GBP
Common	Sell Transaction	25	33.2800 GBP
Common	Sell Transaction	27	33.2400 GBP
Common	Sell Transaction	49	33.2400 GBP
Common	Sell Transaction	63	33.2400 GBP
Common	Sell Transaction	68	33.2400 GBP
Common	Sell Transaction	90	33.3200 GBP
Common	Sell Transaction	90	33.4000 GBP
Common	Sell Transaction	100	33.3200 GBP
Common	Sell Transaction	106	33.4000 GBP
Common	Sell Transaction	110	33.3000 GBP
Common	Sell Transaction	330	33.3200 GBP
Common	Sell Transaction	120	33.3200 GBP
Common	Sell Transaction	120	33.2600 GBP
Common	Sell Transaction	130	33.3200 GBP
Common	Sell Transaction	226	33.3000 GBP

(b)        Cash-settled derivative transactions

Class of relevant security	Product name, e.g. CFD ISIN GB0009123323	Nature of transaction (Note 6)	Number of relevant securities (Note 7)	Price per unit (Note 5)
Common	CFD	Increasing long position	331	33.2550 GBP
Common	CFD	Increasing long position	14,040	33.2362 GBP
Common	CFD	Increasing long position	10,000	33.2400 GBP
Common	CFD	Increasing long position	5,690	33.1600 GBP
Common	CFD	Increasing long position	2,120	33.2300 GBP
Common	CFD	Increasing long position	874	33.2117 GBP
Common	CFD	Increasing long position	267	33.2245 GBP
Common	CFD	Reducing long position	367	33.2567 GBP

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

(i)         Writing, selling, purchasing or varying

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

(ii)        Exercise

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

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

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

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:	20 May 2022
###### Contact name:	Kim Heslop
###### Telephone number*:	020 7645 9700

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.

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