Ultra Electronics Holdings PLC Transaction in Own Shares (8789S)
28 June 2018 - 5:45PM
UK Regulatory
TIDMULE
RNS Number : 8789S
Ultra Electronics Holdings PLC
28 June 2018
28 June 2018
Transaction in own shares
Ultra Electronic Holdings plc ("Ultra") announces that it has
purchased for cancellation the following number of its ordinary
shares of 5 pence each on the London Stock Exchange from Investec
Bank plc as part of its buyback announced on 5 March 2018.
Date of purchase: 27 June 2018
Number of ordinary shares
of 5 pence each purchased: 150,000
Highest price paid per share: 1597p
Lowest price paid per share: 1540p
Volume weighted average
price paid per share: 1575.27p
Following the cancellation of the repurchased shares, Ultra will
have 74,220,238 ordinary shares in issue and the total voting
rights in Ultra will be 74,220,238. This figure for the total
number of voting rights may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, Ultra under the FCA's Disclosure Guidance and
Transparency Rules.
A full breakdown of the individual trades is attached to this
announcement.
http://www.rns-pdf.londonstockexchange.com/rns/8789S_1-2018-6-28.pdf
This announcement will also be available on Ultra's website at
www.ultra-electronics.com.
This announcement does not constitute, or form part of, an offer
or any solicitation of an offer for securities in any
jurisdiction.
For further information contact:
Ultra Electronics Holdings plc
Cherise Trumper, Company Secretarial Assistant +44(0)20 8813
4313
About Ultra
Ultra Electronics is an internationally successful defence,
security, transport and energy company with a long track record of
development and growth. Ultra and Ultra's subsidiaries and
subsidiary undertakings (the "Ultra Group") manage a portfolio of
specialist capabilities generating innovative solutions to customer
needs. Ultra applies electronic and software technologies in
demanding and critical environments ranging from military
applications, through safety-critical devices in aircraft, to
nuclear controls and sensor measurement. These capabilities have
seen the Ultra Group's highly-differentiated products contributing
to a large number of platforms and programmes.
Ultra has world-leading positions in many of its specialist
capabilities and, as an independent, non-threatening partner, is
able to support all of the main prime contractors in its sectors.
As a result of such positioning, Ultra's systems, equipment or
services are often mission or safety-critical to the successful
operation of the platform to which they contribute. In turn, this
mission-criticality secures Ultra's positions for the long-term
which underpins the superior financial performance of the Ultra
Group.
Ultra offers support to its customers through the design,
delivery and support phases of a programme. Ultra businesses have a
high degree of operational autonomy where the local management
teams are empowered to devise and implement competitive strategies
that reflect their expertise in their specific niches. The Ultra
Group has a small head office and executive team that provide to
the individual businesses the same agile, responsive support that
they provide to customers, as well as formulating Ultra's
overarching, corporate strategy.
Across the Ultra Group's three divisions, Ultra operates in the
following eight market segments:
* C2ISR
* Aerospace --
* Nuclear
* Land --
* Infrastructure --
* Communications --
* Maritime -- * Underwater Warfare
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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