"ex" does the job too, but perhaps not exactly as you want :
ex -e '%g/&$/j' filename
where "filename" is the name of the file containing your stuff.
NB 1. Difference : it is not entirely batch mode, since you enter
in interactive mode and have to quit with "x" (or wq).
NB 2. I obtain spaces between your "&" :
0382 ABCD & TRCD & UTNB
9456 YRFD
8345 YSSW & LOPI
3384 QAIK & NBVC & POIJ & TDDC
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