AVV.L Regulatory News (AVV)

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:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

AVEVA GROUP PLC

relevant securities this form relates:

(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:

04 Jan 2023

(f)

In addition to the company in 1(c) above, is the discloser making

NO

disclosures in respect of any other party to the offer?

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:

3 5/9p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

2,127,215

0.70%

1,783,499

0.59%

(2)

Cash-settled derivatives:

and/or controlled:

1,832,476

0.61%

1,708,004

0.57%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,959,691

1.31%

3,491,503

1.16%

(b)

Rights to subscribe for new securities (including directors and other executive

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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

3 5/9p ordinary

Purchase

3

32.1700 GBP

3 5/9p ordinary

Purchase

101

32.1768 GBP

3 5/9p ordinary

Purchase

125

32.1650 GBP

3 5/9p ordinary

Purchase

262

32.1900 GBP

3 5/9p ordinary

Purchase

1,614

32.1800 GBP

3 5/9p ordinary

Purchase

3,014

32.1850 GBP

3 5/9p ordinary

Purchase

4,535

32.1783 GBP

3 5/9p ordinary

Purchase

4,883

32.1861 GBP

3 5/9p ordinary

Purchase

6,857

32.1892 GBP

3 5/9p ordinary

Purchase

32,075

32.1830 GBP

3 5/9p ordinary

Sale

20

32.1750 GBP

3 5/9p ordinary

Sale

29

32.1641 GBP

3 5/9p ordinary

Sale

633

32.1723 GBP

3 5/9p ordinary

Sale

1,025

32.1793 GBP

3 5/9p ordinary

Sale

1,403

32.1767 GBP

3 5/9p ordinary

Sale

3,177

32.1768 GBP

3 5/9p ordinary

Sale

4,582

32.1700 GBP

3 5/9p ordinary

Sale

4,597

32.1799 GBP

3 5/9p ordinary

Sale

4,815

32.1790 GBP

3 5/9p ordinary

Sale

8,415

32.1800 GBP

3 5/9p ordinary

Sale

10,077

32.1804 GBP

3 5/9p ordinary

Sale

10,214

32.1745 GBP

3 5/9p ordinary

Sale

15,000

32.1864 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

3 5/9p ordinary

SWAP

Long

20

32.1750 GBP

3 5/9p ordinary

SWAP

Long

29

32.1640 GBP

3 5/9p ordinary

SWAP

Long

31

32.1783 GBP

3 5/9p ordinary

SWAP

Long

210

32.1799 GBP

3 5/9p ordinary

CFD

Long

218

32.1774 GBP

3 5/9p ordinary

SWAP

Long

335

32.1800 GBP

3 5/9p ordinary

SWAP

Long

633

32.1723 GBP

3 5/9p ordinary

SWAP

Long

1,403

32.1767 GBP

3 5/9p ordinary

SWAP

Long

2,339

32.1837 GBP

3 5/9p ordinary

SWAP

Long

2,666

32.1737 GBP

3 5/9p ordinary

SWAP

Long

4,815

32.1790 GBP

3 5/9p ordinary

SWAP

Long

10,000

32.1729 GBP

3 5/9p ordinary

SWAP

Long

10,077

32.1804 GBP

3 5/9p ordinary

SWAP

Long

10,214

32.1745 GBP

3 5/9p ordinary

CFD

Short

218

32.1925 GBP

3 5/9p ordinary

SWAP

Short

333

32.1810 GBP

3 5/9p ordinary

SWAP

Short

2,625

32.1854 GBP

3 5/9p ordinary

SWAP

Short

13,990

32.1893 GBP

3 5/9p ordinary

SWAP

Short

14,861

32.1799 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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 exempt principal trader making the disclosure and any party

to the offer or any person acting in concert with a party to the offer:

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 of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

05 Jan 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213