TIDMULE

RNS Number : 6067S

Ultra Electronics Holdings PLC

17 March 2021

17 March 2021

Ultra Electronics Holdings plc

PDMR Transactions - Notification

Ultra Electronics Holdings plc (the "Company") announces that on 16 March 2021, Stephen Izquierdo, Chief Human Resources Officer, exercised a nil cost LTIP recruitment award of 757 ordinary shares of 5p each in the Company ("Ordinary Shares").

 
 Name          Status          No. of Shares   No. of Shares    No. of Shares 
                                vested          sold to cover    retained 
                                                taxes and        net of taxes 
                                                fees             and fees 
               C hief Human 
 S tephen       Resources 
  Izquierdo     Officer        7 57            320              437 
              --------------  --------------  ---------------  --------------

Following the trade Mr Izquierdo now holds a total of 836 Ordinary Shares in the Company representing approximately 0.001% of the Company's issued share capital.

The following notifications are made in accordance with Article 19 of the Market Abuse Regulation and Rule 3.1 of the Disclosure and Transparency Rules.

 
 1.     Details of PDMR / person closely associated with them 
         ("PCA") 
 a)     Name                       Stephen Izquierdo 
       -------------------------  --------------------------------------------------------------- 
 b)     Position / status          Chief Human Resources Officer/PDMR 
       -------------------------  --------------------------------------------------------------- 
 c)     Initial notification       Initial notification 
         / amendment 
       -------------------------  --------------------------------------------------------------- 
 2      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ------------------------------------------------------------------------------------------ 
 a)     Name                         Ultra Electronics Holdings plc 
       ---------------------------  ------------------------------------------------------------- 
 b)   LEI                            213800E68EATZGAJIP64 
     -----------------------------  ---------------------------------------------------------- 
 3.     Details of the transaction(s): section to be repeated 
         for (i) each type of instrument; (ii) each type of transaction; 
         (iii) each date; and (iv) each place where transactions 
         have been conducted 
       ------------------------------------------------------------------------------------------ 
 a)     Description of             5p Ordinary Shares 
         the financial 
         instrument                 GB0009123323 
         Identification 
         Code 
       -------------------------  --------------------------------------------------------------- 
 b)     Nature of the              Exercise of nil cost options under the 
         transaction                Company's Long Term Incentive Plan 2017 
       -------------------------  --------------------------------------------------------------- 
 c)     Price(s) and                             Price                       Volume(s) 
         volume(s)                              Nil                   757 - Awards Vested 
                                                     ------------------------------------------ 
                                       GBP21.042372   320 - shares sold to cover taxes and fees 
                                                     ------------------------------------------ 
       -------------------------  --------------------------------------------------------------- 
 d)     Aggregated information      Total Number of shares vested - 757 
         Aggregated volume           Total Number of shares sold to cover 
         Price                       taxes and fees - 320 
                                     Total Price - GBP6,733.56 
       -------------------------  --------------------------------------------------------------- 
 e)     Date of the transaction    16/3/21 
       -------------------------  --------------------------------------------------------------- 
 f)     Place of the               London Stock Exchange 
         transaction 
       -------------------------  ---------------------------------------------------------------

Enquiries:

Cherise Trumper +44 (0) 208 813 4321

For and on behalf of Ultra Electronics Holdings plc

Louise Ruppel

General Counsel & Company Secretary

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END

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March 17, 2021 10:03 ET (14:03 GMT)

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